Which institution subscribed to NSDC's maiden Zero Coupon Zero Principal issue on the NSE Social Stock Exchange?
- A.SIDBI
- B.NABARD
- C.EXIM Bank
- D.NHB
Correct answer
Explanation
The correct answer is NABARD, the National Bank for Agriculture and Rural Development, which subscribed Rs 4 crore to the National Skill Development Corporation's first Zero Coupon Zero Principal issue on the Social Stock Exchange platform of the National Stock Exchange. Its chairman described the step as part of an effort to explore innovative development-finance models and to draw more institutional and private participation. Option A, SIDBI, is the development bank for small industry and had no role in this issue. Option C, EXIM Bank, finances foreign trade and was not the subscriber. Option D, NHB, the National Housing Bank, refinances housing finance and is also unconnected. The distractors are all national development finance institutions, which is the usual way this question is set, so the pairing to memorise is NABARD with the figure of Rs 4 crore and with NSDC's debut on the Social Stock Exchange.
Read the full article: NSDC Debuts on NSE Social Stock Exchange with ZCZP Issue
Practice Questions
In the NSDC skilling programme financed through the Social Stock Exchange, what share of the cost does the Government of Madhya Pradesh bear on successful placement of candidates abroad?
- A.15 per cent
- B.35 per cent
- C.50 per cent
- D.75 per cent
Show answer
The programme uses a blended financing structure with three parts: beneficiary participation meets 15 per cent of the cost, money raised on the Social Stock Exchange meets 35 per cent, and the Government of Madhya Pradesh provides the remaining 50 per cent once candidates are successfully placed in jobs abroad.
Read the full explanation →The NSDC programme launched through the Social Stock Exchange prepares youth from Madhya Pradesh for employment in which two countries?
- A.Japan and Germany
- B.Japan and Australia
- C.Germany and Canada
- D.South Korea and Germany
Show answer
The programme will prepare 600 young people from economically weaker Other Backward Classes households in Madhya Pradesh for work abroad, with 300 of them readied for Japan and 300 for Germany through residential training in the Japanese and German languages together with employability training.
Read the full explanation →Apart from the Ministry of Power, which ministry is Indian Railways coordinating with to ensure efficient coal evacuation?
- A.Ministry of Mines
- B.Ministry of Coal
- C.Ministry of Heavy Industries
- D.Ministry of Petroleum and Natural Gas
Show answer
The railways works with it on moving coal out of the mines efficiently, while its coordination with the Ministry of Power is about sustaining transport and supply so that thermal plants hold enough stock to generate reliably.
Read the full explanation →How many coal rakes a day did Indian Railways dispatch on average to thermal power plants in the first half of FY 2026-27?
- A.87
- B.340
- C.430
- D.530
Show answer
This was the average daily dispatch of coal rakes to thermal power plants over the first six months of the financial year, and it was 7.1 per cent higher than the dispatch rate in the corresponding half of the year before.
Read the full explanation →What was the growth in Indian Railways' coal loading in October 2026 up to the 18th of the month, compared with the same period a year earlier?
- A.7.1 per cent
- B.14 per cent
- C.22.5 per cent
- D.32.5 per cent
Show answer
That is the growth the railways registered in coal loading during the month up to the eighteenth day, measured against the corresponding stretch of the previous year, and it amounts to an all-time high for coal loading.
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