Banking Awareness Quiz Set 35

Contenders can see the Banking Awareness Questions And Answers with a detailed explanation in this article. So practice these questions and answers for getting good marks in any competitive exam.

Banking Awareness Quiz Set 35

1. The banks will be licensed as payments banks under ______ of the Banking Regulation Act, 1949.
 
 
 
 

2. Payment Banks can not issue ________
 
 
 
 
 

3. Any acquisition by the Payment Banks that are more than ____ will require approval of the RBI.
 
 
 
 

4. Payment banks can accept a restricted deposit which is currently limited to _______ per customer account.
 
 
 
 

5. Which of the following services can be offered by Payment Banks?
 
 
 
 

6. Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by ________ recommended the formation of a new category of
bank called payments bank.
 
 
 
 

7. Reserve Bank of India gave “in-principle” licences to _______ entities to launch payments banks.
 
 
 
 

8. Which of the following surrendered their “in-principle” to launch payments banks?
 
 
 
 

9. The “in-principle” license is valid for _____months within which the entities must fulfil the requirements.
 
 
 
 

10. _______ percentage of Payment Bank’s branches must be in the unbanked rural area.
 
 
 
 

11. SEBI is a/an ________
 
 
 
 

12. Which of the following is the Regulator of the credit rating agencies in India ?
 
 
 
 

13. Securities Appellate Tribunal is a/an __________ established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992
 
 
 
 

14. Which of the following policies is known as Annual Policy Statement?
 
 
 
 

15. The Monetary Authority in India, viz Reserve Bank of India is bound to maintain a reserve against the notes issued, Whatever may be the mount. This system is called as viz Reserve Bank of India is bound to maintain a reserve against the notes issued, Whatever may be the mount. This system is called as
__________
 
 
 
 

16. Which of the following services is NOT provided by the post offices in India ?
 
 
 
 

17. Which of the following is a function of SEBI?
 
 
 
 
 

18. Credit rating _______
 
 
 
 

19. The section 4 of the Negotiable Instruments Act, 1881 deals with ________
 
 
 
 

20. Which of the following section of Negotiable Instruments Act, 1881 deals with Cheques?
 
 
 
 

21. Which of the following service(s) is/are available in small finance banks?
 
 
 
 

22. Small finance banks are a type of ______ banks in our country.
 
 
 
 

23. According to RBI Regulations, which of the following are allowed to set up small finance banks?
 
 
 
 

24. Reserve Bank of India gave provisional licences to _______ entities to launch small finance banks.
 
 
 
 

25. The small finance banks will be licensed under ______ of the Banking Regulation Act, 1949.
 
 
 
 

26. An external advisory committee headed by _______ evaluated the license applications for small finance banks.
 
 
 
 

27. ______ Percentage of Foreign shareholding will be allowed in small finance banks as per the rules for FDI in private banks in India
 
 
 
 

28. Minimum paid-up capital of small finance banks is _______
 
 
 
 

29. Which of the following can be provided by small finance banks
 
 
 
 

30. Maximum loan size to a single person cannot exceed ________ of total capital funds.
 
 
 
 


 

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