Banking Awareness Based on PAYMENTS BANK IN INDIA | Daily Banking Awareness Quiz
Banking Awareness Quiz for SBI Clerk, SBI PO, RBI, IBPS PO/Clerk/RRB/SO & other Banking & competitive exams 2020-21. Banking Awareness is an important part of any banking and Financial exam. You can Attempt Banking Awareness Quiz.
Q1.What is/are objectives of payment banks?
(a)Providing free loans to BPL people
(d)Housing for all
(e)Interest free credit
Q2.Which statement is Not true for Payment Banks?
(a)Issuance of ATM/debit cards.
(b)They cannot issue credit cards.
(c)They are allowed to give loans.
(d)They cannot accept NRI deposits.
(e)A payments bank account holder would be able to deposit and withdraw money through any ATM or other service providers.
Q3.What is the minimum paid-up capital for setting payments bank?
Q4.Payments Bank can accept deposits upto?
Q5.On the recommendations of which committee payments bank were established?
(c)C Rangarajan committee
(d)Raghuram Rajan Committee
(e)Dr. Nachiket Mor Committee
Q6.The Payments Bank will be registered as a public limited company under which Act?
(a)Payment and Settlement Systems Act, 2007
(b)Reserve Bank of India Act, 1934
(c)The Companies Act, 2013
(d)Foreign Exchange Management Act 1999
(e)Banking Regulation Act 1949
Q7.Minimum initial contribution of the promoter to the paid-up equity capital shall at least be How much percent for the first five years from the commencement of its business?
Q8.What is the meaning of Paid up capital?
(a)Difference between a bank’s assets and its liabilities.
(b)Amount of money for which shares of the Company were issued to the shareholders and payment was made by the shareholders.
(c)The ratio of a bank’s capital in relation to its risk-weighted assets and current liabilities
Q9.Which is India’s First payment Bank?
(a)Fino Payments Bank
(b)Jio Payments Bank
(c)Paytm Payments Bank
(d)Airtel Payments Bank
(e)India Post Payments Bank
Q10.How much percent FDI is allowed in Payments bank?
(e)None of the above
- Computer Capsule for RBI Assistant Mains 2020 : Download PDF
- Quantitative Aptitude Topic-Wise Online Test Series 2020
- Banking Awareness (Theory+MCQ’s) Complete PDF : Download Now
2020 Preparation Kit PDF
|AATMA-NIRBHAR Series- Static GK/Awareness Practice Ebook PDF||Get PDF here|
|The Banking Awareness 500 MCQs E-book| Bilingual (Hindi + English)||Get PDF here|
|AATMA-NIRBHAR Series- Banking Awareness Practice Ebook PDF||Get PDF here|
|Computer Awareness Capsule 2.O||Get PDF here|
|AATMA-NIRBHAR Series Quantitative Aptitude Topic-Wise PDF 2020||Get PDF here|
|Memory Based Puzzle E-book | 2016-19 Exams Covered||Get PDF here|
|Caselet Data Interpretation 200 Questions||Get PDF here|
|Puzzle & Seating Arrangement E-Book for BANK PO MAINS (Vol-1)||Get PDF here|
|ARITHMETIC DATA INTERPRETATION 2.O E-book||Get PDF here|