Explain the functions of State Financial Corporations Banking and Insurance Question Paper 2010
The Eduladder is a community of students, teachers, and programmers just interested to make you pass any exams. So we solve previous year question papers for you.
See Our team
Wondering how we keep quality?
Got unsolved questions?

Ask Questions
Hey! Want to work with us? Our youtube channel See our Jd Want to apply? Do it today

Use Me  ?

New searches
Banking--insurance-question-paper-2010-->View question


Explain the functions of State Financial Corporations. -Banking and Insurance - Question Paper 2010

 Explain the functions of State Financial Corporations.


By:Ashwath-Shetty

Taged users:


Likes:
Be first to like this question

Dislikes:
Be first to dislike this question

Talk about thisDelete|Like|Dislike|


Answers

1.Financial Assistance to small units: The main function of state finance corporations is to provide
long term finance to small and medium scale industrial concerns formed as public or private limited companies
corporations,forms or proprietary concerns repayable with in a period of 20 years
2.Guarenteeing loans:The SFCs guarantee loans raised by industrial concerns from commercial banks and cooperative
banks repayable with in 20 years
3.Subscription and Underwriting: The state finance corporations subscribes to the debentures issued by the industrial
concerns repayable with in 20 years also underwrites the issue of stock,shares,bonds and debentures of industrial concerns.
4.Guarantee for deffered payments:They guarantees the deffered payments for the purchase of plant,machinery etc with in the country.
5.Acting as agent of central and state governments:They act as an agent of the central or state governments or some industrial financing institutions for sanctioning and disbursing loans to small industries.

Sai-kiran

Likes:
|Sai-kiran

Dislikes:
Be first to dislike this answer
Talk about this|Once you have earned teacher badge you can edit this questionDelete|Like|Dislike|
------------------------------------

Can you help us to add better answer here? Please see this



Not the answer you're looking for? Browse other questions from this Question paper or ask your own question.

Join eduladder!