Question

44. Read the following events:
(1) Capital adequacy norms for commercial
banks
(ii) Establishment of IDBI
(iii) Allowing convertibility of rupee at the
market rate in the current account.
(iv) Nationalisation of general insurance
business
Arrange the events in the ascending order of
their occurrance:

A. (i), (ii), (iii), (iv) B. (iv), (iii), (ii), (1)
C. (iv), (ii), (i), (iii) D. (1). (ii), (iv). (iii)​

Answer 1

Answer:

A (iii) allowing convertibility of rupee at the market rate in the current account

Answer 2

Answer:

Options are not correct.

As you can see, first option would be Establishment of IDBI which is not in options.  

Capital Adequacy norms for Commercial banks 1992

Nationalisation of General Insurance - 1972

Allowing convertibility of rupee at the

market rate in the current account- 1992

Establishment of IDBI- 1964

Explanation: