Page 11 - Digi Notes : General Awareness - 22.02.2016

www.bankersguru.org

8. Which of the following is/are incorrect about Stand up India scheme?
A. The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, approved the
“Stand up India Scheme” to promote entrepreneurship among SC/ST and Women
entrepreneurs.
B. The expected date of reaching the target of at least 2.5 lakh approvals is 36 months from
the launch of the Scheme.
C. Refinance window through Small Industries Development Bank of India (SIDBI) with an
initial amount of Rs. 10,000 crore.
D. Creation of a credit guarantee mechanism through the National Credit Guarantee Trustee
Company (NCGTC).
E. Margin money of the composite loan would be up to 25%.
i. A, B, C and D are correct
ii. B, C, D and E are correct
iii. A, B, and D are correct
iv. All are correct
v. None of these is correct
Answer - iv

9. The government will launch a mobile app and a portal on ___________, which will
enable start-ups to register their company in a day.
st
A. 1 Feb
st
B. 1 March
st
C. 1 April
st
D. 1 June
st
E. 1 July
Answer – C

10. ___________________ will establish sector specific incubators and 500 'Tinkering
Labs' to promote entrepreneurship, provide pre-incubation training and a seed fund
for high growth start-ups.
A. AIM
B. SETU
C. NCGTC
D. DFS
E. CCEP
Answer – A

We at BG focus on providing the most accurate and precise current events
and financial terms for the forthcoming bank examinations and work tirelessly

to innovate and are always ready for feedback which can be provided to us in

the comments section.
Best of Luck,
Bankers Guru