Banking General Awareness Banking System Question Bank

done New Banking System Total Questions - 87

• question_answer1)
  Banks Board Bureau (BBB) is an autonomous body of
  A)
  Reserve Bank of India done clear
  B)
  Union Government of India done clear
  C)
  SEBI done clear
  D)
  SIDBI done clear
  E)
  None of the above done clear
  View Solution play_arrow

• question_answer2)
  The first Chairman of Banks Board Bureau (BBB) was
  A)
   Vinod Rai        done clear
  B)
   Bimal Sharma done clear
  C)
   M O Rego        done clear
  D)
   SK Verma done clear
  E)
   SR Rai done clear
  View Solution play_arrow

• question_answer3)
  Interest Rate for Shishu Category is in the range of
  A)
   8 to 10%                      done clear
  B)
   10 to 11% done clear
  C)
   10 to 12%                     done clear
  D)
   12 to 15 % done clear
  E)
   15 to 18 % done clear
  View Solution play_arrow

• question_answer4)
  Government had already announced that the post of Chairman and Managing Director in Public Sector Banks were to be split into
  A)
   MD and CEO done clear
  B)
   Non-Executive Chairman done clear
  C)
   Executive officer done clear
  D)
  a and b done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer5)
  Union Government has launched a ......... pronged plan called Indradhanush Mission to revamp functioning of public sector banks (PSBs).
  A)
   2                     done clear
  B)
   5       done clear
  C)
   7                     done clear
  D)
   11 done clear
  E)
   21 done clear
  View Solution play_arrow

• question_answer6)
  The Indradhanush mission is aimed to revamp the functioning of
  A)
   Public Sector Banks       done clear
  B)
   NBFC done clear
  C)
   Private Sector Bank       done clear
  D)
   RRB done clear
  E)
   RBI done clear
  View Solution play_arrow

• question_answer7)
  Announcement for Bank Board Bureau (BBB) was made in Budget speech for the year
  A)
   2013-14                        done clear
  B)
   2014-15 done clear
  C)
   2015-16                        done clear
  D)
   2016-17 done clear
  E)
   2017-18 done clear
  View Solution play_arrow

• question_answer8)
  After excluding the internal profit generation, extra capital facilities available under the Indradhanush Mission by the GoI will be upto which financial year?
  A)
   2017                            done clear
  B)
   2018 done clear
  C)
   2019                                        done clear
  D)
   2020 done clear
  E)
   2021 done clear
  View Solution play_arrow

• question_answer9)
  RBI has come out with a new category of borrower called
  A)
   Non-Cooperative borrower done clear
  B)
   Cooperative borrower done clear
  C)
   All borrower done clear
  D)
   Commercial borrower done clear
  E)
   Non-Commercial borrower done clear
  View Solution play_arrow

• question_answer10)
  The government is looking at introducing ...... for the PSU bank managements.
  A)
   Employee Stock Ownership fund done clear
  B)
   Employee Stock Ownership Plan done clear
  C)
   Employer Stock Ownership Plan done clear
  D)
   Employee Stock Management Plan done clear
  E)
   Employee Shift Ownership Plan done clear
  View Solution play_arrow

• question_answer11)
  It provides greater flexibility in hiring the man power to banks
  A)
   Empowerment done clear
  B)
   De-stressing PSBs done clear
  C)
   Capitalisation done clear
  D)
   BBB done clear
  E)
   Governance Reforms done clear
  View Solution play_arrow

• question_answer12)
  Bad loans in Indradhanush mission is referred under
  A)
   Bank Board Bureau done clear
  B)
   Capitalisation done clear
  C)
   De-stressing PSBs done clear
  D)
   Empowerment done clear
  E)
   Governance Reform done clear
  View Solution play_arrow

• question_answer13)
  Major functions of BBB
  A)
   Guide banks on mergers and consolidations done clear
  B)
   Guide banks on investment done clear
  C)
   Guide banks on HR solution done clear
  D)
   Guide banks on Scheme done clear
  E)
   Guide banks on banking regulation done clear
  View Solution play_arrow

• question_answer14)
  BBB comprises of a Chairman and six more members with at least
  A)
   1 former banker and 5 professionals done clear
  B)
   3 former bankers and 2 professionals done clear
  C)
   2 former bankers and 2 professionals done clear
  D)
   2 former bankers and 3 professionals done clear
  E)
   4 former bankers and 1 professional done clear
  View Solution play_arrow

• question_answer15)
  Reserve Bank of India released guidelines for licensing of Payments Banks in
  A)
   2007                done clear
  B)
   2009    done clear
  C)
   2011                            done clear
  D)
   2013 done clear
  E)
   2014 done clear
  View Solution play_arrow

• question_answer16)
  The objectives of payments banks is to push financial inclusion by providing
  A)
   small savings accounts and remittance services to migrant labour workforce done clear
  B)
   low income households done clear
  C)
   small businesses done clear
  D)
   unorganised sector entities done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer17)
  Unified Payments Interface system will not at all include the
  A)
   Debit Cards                   done clear
  B)
   Credit Cards done clear
  C)
   Wallets            done clear
  D)
   24 x 7 Services done clear
  E)
  a, b and d done clear
  View Solution play_arrow

• question_answer18)
  It is mandatory for payment banks to hold minimum capital of
  A)
  Rs. 50 crore done clear
  B)
                     Rs. 100 crore done clear
  C)
  Rs. 120 crore                  done clear
  D)
  Rs. 150 crore done clear
  E)
  Rs. 200 crore done clear
  View Solution play_arrow

• question_answer19)
  FDI of...... is allowed in payment banks.
  A)
   24%                 done clear
  B)
   34%    done clear
  C)
   54%                             done clear
  D)
   74% done clear
  E)
   84% done clear
  View Solution play_arrow

• question_answer20)
  In August 2015, RBI gave nod to.... entities to start Payment Bank.
  A)
   5                     done clear
  B)
   7        done clear
  C)
   11                                done clear
  D)
   13 done clear
  E)
   17 done clear
  View Solution play_arrow

• question_answer21)
  Some of conditions for setting up Small Bank is/are
  A)
   Minimum paid up equity capital requirement of Rs. 100 crore done clear
  B)
   Every small finance bank must have the words "small finance bank" in its name done clear
  C)
   They cannot setup subsidiaries to undertake non-banking financial service activities done clear
  D)
  a and c done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer22)
  The Payments banks will be able to
  A)
   take deposits and remittances done clear
  B)
   internet banking done clear
  C)
   lending services done clear
  D)
   a and b done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer23)
  Target of Small Financial Bank are
  A)
   small businesses and MSMEs done clear
  B)
   Non-schedule bank done clear
  C)
   Cooperative Bank done clear
  D)
   Builders done clear
  E)
   Manufacture sector done clear
  View Solution play_arrow

• question_answer24)
  Who is eligible for Payment Bank?
  A)
   Finance Companies                      done clear
  B)
   Business Correspondents                  done clear
  C)
   Telecom Companies                     done clear
  D)
   Retailers                                      done clear
  E)
   All of the above     done clear
  View Solution play_arrow

• question_answer25)
  The IPPB has to obtain banking licence from RBI by September                      
  A)
   2016                done clear
  B)
   2017   done clear
  C)
   2018                            done clear
  D)
   2019 done clear
  E)
   2020 done clear
  View Solution play_arrow

• question_answer26)
  The Union Cabinet has given its approval for setting up of the IPPB. What is IPPB? 
  A)
   India Pre Payments Bank done clear
  B)
   Idea Post Payments Bank done clear
  C)
   India Post Payments Bank done clear
  D)
   India Post Pre Bank done clear
  E)
   Indian Post office Payments Bank done clear
  View Solution play_arrow

• question_answer27)
  NBFC's, any individual with 10 yr of experience in banking can apply for licenses of
  A)
   Commercial Bank          done clear
  B)
   Payment Bank done clear
  C)
   Small Bank        done clear
  D)
         b and c done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer28)
  The India Post Payments Bank Limited (IPPBL) has received the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate Affairs under the
  A)
   Banking Rule, 1991 done clear
  B)
   Banking Act, 1980 done clear
  C)
   Companies Act, 2013 done clear
  D)
   Companies Act, 1947 done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer29)
  Setting up of the IPPB to further financial Inclusion was one of the budgetary announcements during
  A)
   1998-99           done clear
  B)
   2005-06 done clear
  C)
   2011-12           done clear
  D)
   2013-14 done clear
  E)
   2015-16 done clear
  View Solution play_arrow

• question_answer30)
  Unified Payments Interface has been developed by NPCL What is NPCI?
  A)
   New Payments Corporation of India done clear
  B)
   National Principle Corporation of India done clear
  C)
   National Payments Company of India done clear
  D)
   National Payments Corporation of India done clear
  E)
   National Payments Corporation of Interface done clear
  View Solution play_arrow

• question_answer31)
  The limit on transaction through UPI system is
  A)
  Rs. 10 thousand              done clear
  B)
  Rs. 50 thousand done clear
  C)
  Rs. 1 lakh                      done clear
  D)
  Rs. 5 lakh done clear
  E)
  Rs. 10 lakh done clear
  View Solution play_arrow

• question_answer32)
  Capital requirement of minimum paid-up equity is
  A)
  Rs. 25 crore                    done clear
  B)
  Rs. 50 crore done clear
  C)
  Rs. 100 crore                  done clear
  D)
  Rs. 200 crore done clear
  E)
  Rs. 500 crore done clear
  View Solution play_arrow

• question_answer33)
  UPI was launched on 11th April, 2016 in
  A)
   Delhi                done clear
  B)
   Mumbai done clear
  C)
   Bengaluru                     done clear
  D)
   Patna done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer34)
  At present, most transactions are done using ...... system in the country.
  A)
   NEFT                           done clear
  B)
   RTGS done clear
  C)
   IMPS              done clear
  D)
   All of these done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer35)
  NPCI is the umbrella organisation for all retail payments system in India. It is being promoted by the
  A)
   SBI                  done clear
  B)
   RBI    done clear
  C)
   SEBI                            done clear
  D)
   CBI done clear
  E)
   BOB done clear
  View Solution play_arrow

• question_answer36)
  The National Payments Corporation of India (NPCI) has implemented an electronic payment service termed as National Automated Clearing House (NACH) for
  A)
   Banks                           done clear
  B)
   Financial institutions done clear
  C)
   Corporates done clear
  D)
   Government Departments done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer37)
  NACH is a funds clearing platform similar to the existing
  A)
   ECS                             done clear
  B)
   NEFT done clear
  C)
   RTGS               done clear
  D)
   IMPS done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer38)
  NACH has both Debit and Credit variants and it aims at facilitating
  A)
   Interbank         done clear
  B)
   Debit transactions done clear
  C)
   Credit transactions         done clear
  D)
  a and c done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer39)
  Mudra Ltd. was setup as a corporate subsidiary of...... in March, 2015 prior to the launch of the Pradhan Mantri Mudra Yojana (PMA4Y) in April, 2015.
  A)
   IDBI                             done clear
  B)
   SIDBI done clear
  C)
   SBI                              done clear
  D)
   GoI done clear
  E)
   RBI done clear
  View Solution play_arrow

• question_answer40)
  All those businesses that have been just started and looking for loan will fall in this category.
  A)
   Shishu Category            done clear
  B)
   Kishor Category done clear
  C)
   Tarun Category             done clear
  D)
  a and b done clear
  E)
  b and c done clear
  View Solution play_arrow

• question_answer41)
  A loan cover from Rs. 50000 to 5 lakhs will be given to units falling into this category.
  A)
   Shishu Category done clear
  B)
   Kishor Category done clear
  C)
   Tarun Category done clear
  D)
  a and b done clear
  E)
  b and c done clear
  View Solution play_arrow

• question_answer42)
  All small business which have been setup and established will fall into this category.
  A)
   Shishu category done clear
  B)
   Kishor Category done clear
  C)
   Tarun Category done clear
  D)
  a and b done clear
  E)
  b and c done clear
  View Solution play_arrow

• question_answer43)
  All scheduled commercial Banks in public and private sector with 3 yr of continuous profit track record, net NPAs not exceeding 3%, minimum net worth of...... and not less than 9% CRAR are eligible to lend loan.
  A)
  Rs. 10 crore                    done clear
  B)
  Rs. 50 crore done clear
  C)
  Rs. 100 crore                  done clear
  D)
  Rs. 200 crore done clear
  E)
  Rs. 500 crore done clear
  View Solution play_arrow

• question_answer44)
  The prepaid payment instruments that can be issued in the country are classified under which categories
  A)
   Closed system payment instruments done clear
  B)
   Semi-closed system payment instruments done clear
  C)
   Semi-open system payment instruments done clear
  D)
   Open system payment instruments done clear
  E)
   a, b and d done clear
  View Solution play_arrow

• question_answer45)
  The union cabinet has given its approval for setting up of the IPPB as a public limited company. What is IPPB?
  A)
   India Post Private Bank done clear
  B)
   Indian Post Public Bank done clear
  C)
   Indian Post Providing Bank done clear
  D)
   India Post Payment Bank done clear
  E)
   Indian Public Providing Bank done clear
  View Solution play_arrow

• question_answer46)
  A core banking system is the software used to support a bank's most
  A)
   Prepaid transactions done clear
  B)
   Post transactions done clear
  C)
   Abnormal transactions done clear
  D)
   Common transactions done clear
  E)
   Specific transactions done clear
  View Solution play_arrow

• question_answer47)
  A small bank can transform into a full-fledged bank, but only after
  A)
   SBI's approved done clear
  B)
   Gol's approved done clear
  C)
   RBI's approved done clear
  D)
   Finance minister's approved done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer48)
  Mudra Ltd. has been functional since 8th April, 2015. What is MUDRA?
  A)
   Micro Units Development or Refinance Agency done clear
  B)
   Micro Units Development and Refinance Agent done clear
  C)
   Micro Units Developed and Refinance Agency done clear
  D)
   Micro Units Development and Refinance Agency done clear
  E)
   Mini Units Development and Refinance Agency done clear
  View Solution play_arrow

• question_answer49)
  Under the guidelines of Pradhan Mantri Mudra Scheme, Mudra Bank has launched........ of its intiative product.
  A)
   2                     done clear
  B)
   3        done clear
  C)
   4                                 done clear
  D)
   5 done clear
  E)
   6 done clear
  View Solution play_arrow

• question_answer50)
  Mudra bank has been setup with only one goal in mind
  A)
   fulfilling all the Funding needs of Small Businesses done clear
  B)
   fulfilling all the Funding needs of Corporate Small Businesses done clear
  C)
   fulfilling all the Funding needs of Non-Corporate Businesses done clear
  D)
   fulfilling all the Funding needs of Non-Corporate Small Businesses done clear
  E)
   fulfilling all the Funding needs of Corporate Businesses done clear
  View Solution play_arrow

• question_answer51)
  Dilip Shantilal Shanghvi (Sun Pharmaceuticals) started
  A)
   Small Banks                  done clear
  B)
   Payment Banks   done clear
  C)
   Anywhere Banks            done clear
  D)
   IPPB done clear
  E)
   IMPS done clear
  View Solution play_arrow

• question_answer52)
  For the initial 3 yr, prior approval will be required for branch expansion of
  A)
   Commercial bank           done clear
  B)
   Payment bank done clear
  C)
   Small bank                   done clear
  D)
   Private bank done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer53)
  A loan cover under Kishor Category of MUDRA Yojana is
  A)
   upto Rs. 50000              done clear
  B)
  Rs. 50000 to Rs. 2 lakh done clear
  C)
  Rs. 2 lakh to Rs. 5 lakh    done clear
  D)
  Rs. 50000 to Rs. 5 lakh done clear
  E)
  Rs. 50000 to Rs. 10 lakh done clear
  View Solution play_arrow

• question_answer54)
  Customer Relationship Management activities are elements of
  A)
   Payment Banking          done clear
  B)
   Small Banking done clear
  C)
   Core Banking                done clear
  D)
   Post Payment Banking done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer55)
  The primary motive of NACH is to
  A)
   handle low value, high volume transaction base on electronic files done clear
  B)
   reducing the dependency on international cai schemes done clear
  C)
   refinance of MFIS to encourage entrepreneurship done clear
  D)
   a and b done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer56)
  Elements of core banking include
  A)
   Processing cash deposits and withdrawals done clear
  B)
   Processing Payments and cheques done clear
  C)
   Calculating interest done clear
  D)
   All of these        done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer57)
  UPI provided a mobile personal identification number which will be similar to
  A)
   Password of mail           done clear
  B)
   ATM PIN done clear
  C)
   OTP Number                 done clear
  D)
   Train Number done clear
  E)
  Indian Currency done clear
  View Solution play_arrow

• question_answer58)
  All restructured RRBs having net NPA within 3% are eligible under
  A)
   Small Bank                   done clear
  B)
   PMM Scheme done clear
  C)
   Payment bank               done clear
  D)
   IPPB done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer59)
  AWB offers you greater flexibility, transaction power, convenience and ease in banking. What is AWB?
  A)
   Anywhere banking          done clear
  B)
   All wonder banking done clear
  C)
   Any working banking      done clear
  D)
   All working banking done clear
  E)
   All will banking done clear
  View Solution play_arrow

• question_answer60)
  IPPB will start operations in March, 2017 and will cover the entire country by the end of financial year
  A)
   2017-18                        done clear
  B)
   2018-19 done clear
  C)
   2019-20                        done clear
  D)
   2020-21 done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer61)
  National Payments Corporation of India was founded in
  A)
   1998                done clear
  B)
   2003 done clear
  C)
   2004                done clear
  D)
   2008 done clear
  E)
   2012 done clear
  View Solution play_arrow

• question_answer62)
  Consider the following statements.

  I. NACH is a funds clearing platform.

  II. NACH has both debit and credit variants.

  III. NACH will replace ESS in 2018.

  Which of the above statements is/are correct?
  A)
   I and II                         done clear
  B)
   II and III done clear
  C)
   I and III             done clear
  D)
   Only II done clear
  E)
   I, II and III done clear
  View Solution play_arrow

• question_answer63)
  Consider the following statements regarding payments bank.

  I. They can issue ATM/debit cards.

  II. FDI of 74% is allowed in payment banks.

  III. In August 2011, RBI gave nod to 11 entities to start Payment Bank.

  Which of the above statements is/are correct?
  A)
   Only III           done clear
  B)
   I and II done clear
  C)
   II and III                       done clear
  D)
   All of these done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer64)
  Consider the following features of small banks,

  I. They can accept any deposit like commercial banks.

  II. Their off operation will be restricted.

  III. Small finance banks will be allowed to lend money also.

  Which of the above statements is/are correct?
  A)
   I and II            done clear
  B)
   II and III done clear
  C)
   I, II and III         done clear
  D)
          I and III done clear
  E)
   Only III done clear
  View Solution play_arrow

• question_answer65)
  Mudra Bank will deliver the loan through

  I. NBFCs

  II. Rural Banks

  III. District Banks

  IV. Primary Lending Institutions

  V. Nationalise Bank

  Codes
  A)
   I, II and III                    done clear
  B)
   II, III and IV done clear
  C)
   III, IV and V                 done clear
  D)
   II, III, IV and V done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer66)
  Elements of core banking include

  I. Making and servicing loans.

  II. Opening new accounts.

  III. Processing cash deposits and withdrawals,

  IV. Processing payments and cheques

  Codes
  A)
   I and IV done clear
  B)
   I, II and III done clear
  C)
   I, II. Ill and IV done clear
  D)
   II, III and IV done clear
  E)
   III and IV done clear
  View Solution play_arrow

• question_answer67)
  The prepaid instruments can be issued as

  I. smart cards;

  II. magnetic stripe cards;

  III. internet accounts;

  IV internet wallets;

  V. mobile accounts;

  VI. mobile wallets; and

  VII. paper vouchers.

  Codes
  A)
   I, V, VI and VII             done clear
  B)
   I, II, III and VII done clear
  C)
   I,II, III, IV and V           done clear
  D)
   I, II, III, IV and VII done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer68)
  Small banks can undertake financial services like

  I. distribution of mutual fund units

  II. Insurance products

  III. Pension products

  Codes
  A)
   Only III            done clear
  B)
   I and III done clear
  C)
   I, II and III                    done clear
  D)
   I and II done clear
  E)
   II and III done clear
  View Solution play_arrow

• question_answer69)
  Select the important feature of UPI from the following

  I. All UPI-enabled banks will allow their apps to be consolidated.

  II. The service is available 24 x 7.

  III. Charges can be applied depending on the amount of money transferred.

  Codes
  A)
   Only I             done clear
  B)
   I, II and III done clear
  C)
   I and III                        done clear
  D)
   II and III done clear
  E)
   Only III done clear
  View Solution play_arrow

• question_answer70)
  IPPB services will be linked to post offices and alternative channels riding on modern technology including

  I. ATMs

  II. Mobiles

  III. simple digital payments

  IV. PoS/m-PoS devices

  Codes
  A)
   I and IV                        done clear
  B)
   I, II and III done clear
  C)
   I, II, III and IV               done clear
  D)
   II, III and IV done clear
  E)
   III and IV done clear
  View Solution play_arrow

• question_answer71)
  Choose the correct statement(s).

  I. Banks Board Bureau (BBB) is an autonomous body of Union Government of India.

  II. Former Comptroller and Auditor General (CAG) Vinod Rai has been appointed as the last Chairman of BBB.

  III. BBB is a part of a seven-pronged plan for PSBs dubbed as Indradhanush (rainbow) plan.

  Which of the above statements is/are correct?
  A)
   I and II            done clear
  B)
   II and III done clear
  C)
   I and III                        done clear
  D)
   I, II and III done clear
  E)
   Only III                                   done clear
  View Solution play_arrow

• question_answer72)
  Small Bank can accept any deposit      

  I. Savings deposits

  II. Current deposits

  III. Fixed deposits

  IV. Recurring deposits

  Codes                                     
  A)
   I, II and IV                    done clear
  B)
   II and IV           done clear
  C)
   I, II, III and IV               done clear
  D)
   II, III and IV        done clear
  E)
   I and IV                                done clear
  View Solution play_arrow

• question_answer73)
  Payments banks can issue             

  I. ATM/debit cards

  II. Credit cards

  III. other prepaid payment instruments

  Codes
  A)
   I and III                        done clear
  B)
   Only I              done clear
  C)
   II and III                       done clear
  D)
   Only III done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer74)
  The key Reforms under Indradhanush mission is/are

  I. Appointments

  II. Bank Board Bureau

  III. Capitalization

  IV. De-stressing PSBs

  V. Empowerment

  Codes
  A)
   I, II and V done clear
  B)
   I, II, III and IV done clear
  C)
   I, II, III, IV and V done clear
  D)
   III, IV and V done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer75)
  According to Reserve Bank of India (RBI) guidelines, payment banks are not permitted to     [RBI Grade B 2015]
  A)
  setup branches/ATMs done clear
  B)
  undertake utility bill payment services done clear
  C)
  issue debit cards                              done clear
  D)
  distribute insurance/mutual fund/pension  products                                  done clear
  E)
  undertake non-banking financial through subsidies                                  done clear
  View Solution play_arrow

• question_answer76)
  National Automated clearing house is a centralised clearing system launched by               [SBI Clerk 2015]
  A)
   National Payments Mouse done clear
  B)
   Indian Payments House done clear
  C)
   Indian Payments get way done clear
  D)
   National Payments Corporation or India done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer77)
  Maximum Loan that can be taken from a small finance bank                                               [SBI Clerk 2015]
  A)
  Rs. 5 lakh                      done clear
  B)
  Rs. 10 lakh done clear
  C)
  Rs. 15 lakh                     done clear
  D)
  Rs. 20 lakh done clear
  E)
  Rs. 25 lakh done clear
  View Solution play_arrow

• question_answer78)
  Small finance banks will also have to ensure that 50% of their loan portfolio constitutes advances of upto            [SBI PO 2016]
  A)
  Rs. 5 lakh                      done clear
  B)
  Rs. 10 lakh done clear
  C)
  Rs. 20 lakh                     done clear
  D)
  Rs. 25 lakh done clear
  E)
  Rs. 30 lakh done clear
  View Solution play_arrow

• question_answer79)
  NACH was launched by                                                                                                   [SBI PO 2016]
  A)
   NPI                              done clear
  B)
   NCI done clear
  C)
   NPCI                            done clear
  D)
   MPCI done clear
  E)
   MPCII done clear
  View Solution play_arrow

• question_answer80)
  Capital small finance bank limited has its headquarter at                                          [SBI PO 2016]
  A)
   Jalandhar                     done clear
  B)
   Dehradun done clear
  C)
   Patna              done clear
  D)
   Jaipur done clear
  E)
   Bengaluru done clear
  View Solution play_arrow

• question_answer81)
  Non-farm micro units are eligible for how much loan under Mudra scheme?                [SBI PO 2016]
  A)
  Rs. 5 lakh                      done clear
  B)
  Rs. 10 lakh done clear
  C)
  Rs. 20 lakh                     done clear
  D)
  Rs. 25 lakh done clear
  E)
  Rs. 30 lakh done clear
  View Solution play_arrow

• question_answer82)
  Fino pay tech is which type of bank?                                                                     [SBI PO 2016]
  A)
   micro bank                    done clear
  B)
   small bank done clear
  C)
   payment bank   done clear
  D)
   digi bank done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer83)
  Maximum amount in Mudra scheme is                                                                  [SBI Clerk 2016]
  A)
  Rs. 5 lakh                      done clear
  B)
  Rs. 10 lakh done clear
  C)
  Rs. 15 lakh                     done clear
  D)
  Rs. 20 lakh done clear
  E)
  Rs. 25 lakh done clear
  View Solution play_arrow

• question_answer84)
  MUDRA is the subsidiary of                                                          [Bank of Maharastra PO 2016]
  A)
   RBI                              done clear
  B)
   SBI done clear
  C)
   SIDBI                           done clear
  D)
   NABARD done clear
  E)
   IDFC done clear
  View Solution play_arrow

• question_answer85)
  What does I stand for in UPI                                            [Bank of Maharastra PO 2016]
  A)
   India                done clear
  B)
   Interface done clear
  C)
   International                  done clear
  D)
   Institution done clear
  E)
   Ink done clear
  View Solution play_arrow

• question_answer86)
  NACH debit is the product of                                                        [Bank of Maharastra 2016]
  A)
   NPCI                            done clear
  B)
   NFS done clear
  C)
   AEPS                           done clear
  D)
   ANBC done clear
  E)
   SBI done clear
  View Solution play_arrow

• question_answer87)
  Which organisation is an umbrella organisation for all retail payments system in India      [Bank of Maharastra PO 2016]
  A)
   RBI                              done clear
  B)
   SBI done clear
  C)
   NPCI                            done clear
  D)
   ANBC done clear
  E)
   NFS done clear
  View Solution play_arrow