A Small Finance Bank has to allocate what per cent of its Adjusted Net Bank Credit (ANBC) should be advanced to Priority Sector as categorized by RBI?
Answer
50%
65%
60%
70%
75%
Question 2
Question
“SMERA Ratings Limited” is an initiative of which of the following organization?
Answer
RBI
SBI
SIDBI
MUDRA
NABARD
Question 3
Question
Unified Payment Interface enables bank account holders to send and receive money using a VPA without entering additional bank information like account number & IFSC number. “VPA” stands for __________
Answer
Value Payment Address
Virtual Payment Address
Virtual Payment Amount
Verified Payment Address
Verified Payment Amount
Question 4
Question
Which among the following is the first "Small Finance Bank" established in India?
Answer
Equitas Small Finance Bank
Ujjivan Small Finance Bank
Capital Small Finance Bank
ESAF Small Finance Bank
Suryoday Small Finance Bank
Question 5
Question
The “Banking Ombudsman Scheme” was introduced under Sec 35A of ______________ by Reserve Bank of India in 1995.
Answer
Banking Regulation Act
Negotiable Instruments Act
Reserve Bank of India Act
Prevention of Money Laundering Act
Payment & Settlement System Act
Question 6
Question
"National Payments Corporation of India" (NPCI) founded in 2008 by Reserve Bank of India. And its headquarters established in which city?
Answer
Hyderabad
Bengaluru
Mumbai
Pune
New Delhi
Question 7
Question
As per RBI guidelines, what is the maximum withdrawal limit at “Micro-ATMs” per day?
Answer
₹ 2,000
₹ 4,000
₹ 5,000
₹ 8,000
₹ 10,000
Question 8
Question
“The Society for Worldwide Interbank Financial Telecommunication” (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions. It headquartered at ________
Answer
La Hulpe (Belgium)
Basel (Switzerland)
Oslo (Norway)
Frankfurt (Germany)
Tokyo (Japan)
Question 9
Question
“Universal Account Number” (UAN) is a 12-digit code. And it will be allocated by __________
Answer
Securities & Exchange Board of India
Pension Fund Regulatory & Development Authority
Insurance Regulatory & Development Authority of India
Employees Provident Fund Organization
Credit Information Bureau of India Limited.
Question 10
Question
Which of the following NOT considered as collateral for avail a loan from Bank through charging security method called “Pledge”?
Answer
Gold
Share
Goods
Life Insurance Policy
All are considered as collateral / security through Pledge.