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Commerce Business Finance Difficulty: Medium

How could a Public Information Officer receive applications? 1. Those submitted by a requesters in hand. 2. Those sent by an applicant by email. 3. Transferred by another public authority. 4. Forwarded by an Assistant Public Information Officer. Choose the correct answer Formal and detailed analysis of job is called . . . . . . . . In which year LIC was established? Which of the following statements are true in context of Development Financial Institutions (DFls) in few years after economic reforms in 1991? 1. DFls such ICICI, IDBI and IFCI had a huge pile of bad loans. 2. DFls no longer had access to low-cost long-term funds from the government or the central bank to finance large infrastructure projects. They were forced to borrow at higher rates from the market. 3. Banks began financing infrastructure projects, that was actually out of their mandate. 4. RBI established a committee under S. H. Khan for transition of DFIs into universal banks. 5. ICICI Bank and IDBI went for reverse merger in a quest to create Universal Banks. Banking Regulation (Amendment) Bill, 2020, which comes in the backdrop of PMC Bank scam, seeks to strengthen cooperative banks by: