Banking Awareness Quiz Set 40

Dear candidates, you can check out the Questions And Answers of Banking Awareness in the form of Quiz. Aspirants can practice these Questions and Answers and also we have provided with an explanation of each Question.

Banking Awareness Quiz Set 40

1. What is the initial capital amount to start Small Finance Banks?
 
 
 
 

2. If a promoter setting up a small finance bank desires to set up a Payments Bank, the firm should set up both types of banks under a _______ structure
 
 
 
 

3. What is the initial stake of promoters in the paid-up equity capital of Small Finance Banks?
 
 
 
 
 

4. The promoters of Small Finance Banks should have _______ experience in banking and finance?
 
 
 
 

5. How much percentage of the net credits of Small Finance Banks should be in priority sector lending?
 
 
 
 
 

6. The small finance bank cannot be a _______ for another bank.
 
 
 
 
 

7. In Payment Banks, the stake of the promoter should be 40% minimum for ______ years
 
 
 
 
 

8. The small finance bank shall be registered as a _________company under the Companies Act, 2013.
 
 
 
 
 

9. In Payment Banks, the voting right of any shareholder is capped at 10%, which can be raised to __ ___by Reserve Bank of India.
 
 
 
 
 

10. The minimum capital requirement Payment Banks is Rs.________
 
 
 
 

11. Which of the following committee recommended the establishment of IRDAI as an autonomous body to regulate and develop the insurance sector?
 
 
 
 
 

12. Which of the following committee recommended the establishment of NABARD?
 
 
 
 
 

13. RBI was setup on the basis of the recommendations of? setup on the basis of the recommendations of?
 
 
 
 
 

14. Which of the following committee recommended the formation of a new category of bank called payments bank?
 
 
 
 
 

15. The Kisan Vikas Patra(KVP) was discontinued on the recommendations of which committee in November 2011?
 
 
 
 
 

16. Bankers have to maintain secrecy of customer accounts as per the provisions of _______
 
 
 
 
 

17. When was the currency system in India converted into the decimal system?
 
 
 
 

18. The Nippon Ginko is the central bank of:
 
 
 
 

19. Which of the following can not be called as a Debt Instrument?
 
 
 
 

20. Which of the following committee has given its recommendations on “Financial Inclusion”?
 
 
 
 
 

21. Which of the following is not regulated by Reserve Bank of India unlike other banks in India?
 
 
 
 
 

22. As of 2016-2017, State Bank of Sikkim(SBS) has expanded to _______in Sikkim.
 
 
 
 
 

23. The Reserve Bank will shortly issue Rs. _____ denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels.
 
 
 
 
 

24. The State Bank of Sikkim is headquartered in ______
 
 
 
 
 

25. Which of the following is the first Regional Rural Bank of India?
 
 
 
 

26. India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with _______ equity.
 
 
 
 

27. India Post Payments Bank(IPPB) will offer demand deposits such as savings and current accounts upto a balance of Rs. ____
 
 
 
 

28. India Post Payments Bank(IPPB) will offer _______
 
 
 
 
 

29. Which of the following is the sponsor of Prathama Bank?
 
 
 
 
 

30. The Reserve Bank of India will shortly issue Rs ______ denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels.
 
 
 
 
 


 

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