MCQs ON DIFFERENT COMMITTEES
MSME latest Study Material for MSME Exams 2024, with MCQs on Different Committees, Mock tests as per MSME Exam Pattern.
In this post on IIBF MSME Exams 2024, we are providing you important questions on the various committees that are mentioned in the MSME Syllabus 2024 as prescribed by the Indian Institute of Banking & Finance. Candidates who are preparing for the upcoming examinations of IIBF Certificate Exams – Small and Medium enterprises in India paper under MSME Exam, must attempt the MCQs provided below to increase their chances of getting the answers right in the actual paper.
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IMPORTANT MCQs ON DIFFERENT COMMITTEES
We are providing you the MCQs, & start the stopwatch on your mobile phone & give yourself a total of 15 minutes to solve the below-given Questions.
The answers will be provided at the end of this page.
MSME Important MCQs on Various Committees:
| Q. No. | IIBF MSME Questions |
| 1 | On which committee’s recommendations, the CGTMSE i.e the Credit Guarantee fund Trust for Micro and Small Enterprises has been setup?
a. Narashimham Committee b. Ghosh Committee c. Chore Committee d. Kapoor Committee |
| 2 | Who was the Chairman of Committee on Financial Architecture for Micro, Small and Medium Enterprises (MSME) sector set up by Government of India?
a. M V Nair b. K C Chakrabarty c. UshaThorat d. K V Kamath |
| 3 | For what objective the Tandon Committee was formed?
a. framing guidelines for commercial banks for ensuring proper end-use of funds b. for supervision of bank credit c. for follow-up of bank credit d. all of the above |
| 4 | When did the Tandon Committee submitted its report on Working Capital?
a. April 1975 b. August 1976 c. August 1975 d. August 1973 |
| 5 | Who constituted Financing Working Capital Committee under the chairmanship of Shri V.T. Dehejia in 1968?
a. National Credit Council b. R B I c. Kannan Committee Report d. Chakravarty Committee |
| 6 | What was the name of the Financing Working Capital Committee constituted under the chairmanship of Shri V.T. Dehejia in 1968?
a. Marathe Committee b. Dehejia Committee c. Tandon Committee d. Kannan Committee |
| 7 | For what purpose the Dehejia Committee was formed?
a. For the determination of the extent to which credit needs of industry and trade are likely to be inflated and how to check these trends b. For reviewing the working of CC system in recent time with particular consideration to the gap between sanctioned limits & the extent of their use. c. For recommending resources to finance the minimum working capital requirements d. For suggesting the type of operational data & other information that might be obtained by banks periodically from the borrowers & by the RBI. |
| 8 | When was the Financing Working Capital Committee i.e Chore Committee & by whom it was appointed for reviewing the working of CC system in recent years with special reference to the gap between sanctioned limits and the extent of their use as well as for suggesting alternative type of credit facilities that will ensure greater credit discipline?
a. March, 1979 & by the Reserve Bank of India b. 1968 & by National Credit Council c. 1982 & by the Reserve Bank of India d. 1985 & by the Reserve Bank of India |
| 9 | In what regard is the report of the Nayak Committee?
a. Review of the Non-Performing Assets of Indian Banks and to suggest measures how to mobilize them. b. Deregulation c. To review the governance of Banks’ Boards in India. d. To review the efficacy of the new RuPay platform for RuPay Cards and to suggest measures how banks can use them for deeper penetration. |
| 10 | With what the Nayak Committee was concerned with?
a. Items Reservation b. Subsidy & incentives c. Institutional credit d. Ceiling on Investment |
| 11 | Which committee was it that recommended the Central Govt. should reduce its stake in Public Sector Banks?
a. Narashimham Committee b. Ghosh Committee c. Nayak Committee d. Kapoor Committee |
| 12 | What were the objectives of PJ Nayak Committee?
a. To review the regulatory compliance requirements of Indian banks’ board to see what could be simplified and what is required to be strengthened. b. For reviewing the working of CC system in recent time with particular consideration to the gap between sanctioned limits & the extent of their use. c. For recommending resources to finance the minimum working capital requirements d. For suggesting the type of operational data & other information that might be obtained by banks periodically from the borrowers & by the RBI. |
| IIBF MSME MCQ ANSWER KEY | |||
| 1 – d | 2 – d | 3 – d | 4- c |
| 5 – a | 6 – b | 7 – a | 8 – a |
| 9 – a | 10 – c | 10 – c | 12 – a |
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