Which one of the following statement is incorrect?
A. ICRA is a credit rating agency promoted by the Industrial Finance Corporation of India
B. Loan Company (LC) NBFCs are registered with RBI
C. GIC was incorporated on 22nd November, 1972 under the Companies Act, 1956 as a private company limited by shares
D. An endowment policy is a life insurance contract designed to pay a lumpsum after a specified term (on its maturity) or on earlier death
Answer: Option B
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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