Exam Bodies — Set 3
Abbreviations · परीक्षा निकाय · Questions 21–30 of 40
What is the full form of 'NABARD'?
Correct Answer: C. National Bank for Agriculture and Rural Development
NABARD stands for National Bank for Agriculture and Rural Development. It is the apex development bank in India for the rural sector. It provides credit and oversight for agricultural and rural development.
What does 'SEBI' stand for in the context of market regulation?
Correct Answer: B. Securities and Exchange Board of India
SEBI stands for Securities and Exchange Board of India. It is the regulatory body for securities and commodity markets. It was established to protect the interests of investors in securities.
What is the full form of 'TRAI'?
Correct Answer: B. Telecom Regulatory Authority of India
TRAI stands for Telecom Regulatory Authority of India. it is the regulator of the telecommunications sector in the country. It was established by the Telecom Regulatory Authority of India Act, 1997.
The term 'SIDBI' is related to the development of which sector?
Correct Answer: C. Small Industries
SIDBI stands for Small Industries Development Bank of India. It focuses on the growth and development of micro, small, and medium-scale industries. It provides financial assistance and developmental support to this sector.
What is the full form of 'NHAI'?
Correct Answer: D. National Highways Authority of India
NHAI stands for National Highways Authority of India. It is responsible for the development and maintenance of the national highways network. It operates under the Ministry of Road Transport and Highways.
What does 'BIS' stand for regarding quality standards?
Correct Answer: D. Bureau of Indian Standards
BIS stands for Bureau of Indian Standards. It is the National Standards Body of India. It is responsible for the harmonious development of the activities of standardization and quality certification.
The abbreviation 'FSSAI' is seen on food products; what is its full form?
Correct Answer: B. Food Safety and Standards Authority of India
FSSAI stands for Food Safety and Standards Authority of India. It is a statutory body established under the Food Safety and Standards Act. It ensures the availability of safe and wholesome food for human consumption.
What is the full form of 'IRDAI' in the insurance sector?
Correct Answer: B. Insurance Regulatory and Development Authority of India
IRDAI stands for Insurance Regulatory and Development Authority of India. It regulates and promotes the insurance and re-insurance industries. It ensures the protection of the interests of insurance policyholders.
What does 'NPCI' stand for in the context of digital payments?
Correct Answer: B. National Payments Corporation of India
NPCI stands for National Payments Corporation of India. It is an umbrella organization for operating retail payments and settlement systems. It has developed innovations like UPI and RuPay.
What is the full form of 'BSE'?
Correct Answer: A. Bombay Stock Exchange
BSE stands for Bombay Stock Exchange. It is Asia's first and one of India's leading exchange groups. It provides a market for the trading of stocks and other financial instruments.