Banking Awareness Quiz: Set 292

Banking Awareness Quiz

Dear Readers, Welcome to the 2021 Daily Banking Awareness Quiz Question & Answers Section of ExamsCart. Banking Awareness Quiz will Boost Your Banking Awareness Section.

The Banking Awareness Section of Banking Exams covers various segments in it like Banking Awareness, Static GK, In any case, the most imperative thing that you may have seen is that both the Banking Awareness and Static Awareness questions asked in the Banking Awareness Section depend on Current Banking Affairs as it were.

Here is a test on Banking Awareness to give you a chance to survey your Banking Awareness Knowledge. This post contains important Banking Awareness Quiz. A brief explanation of every Quiz is provided to further enhance your general knowledge. 

Banking Awareness Quiz: Set 292

1. To be a promoter in Small Finance Bank, resident individuals/professionals should have __ years of experience in banking and finance

1. 15
2. 10
3. 7
4. 5
5. 3

2. The promoter’s minimum initial contribution to the paid-up equity capital of small finance bank shall at least be __ per cent.

1. 10%
2. 20%
3. 40%
4. 50%
5. None of these

3. Small Finance Bank must extend ___ per cent of its Adjusted Net Bank Credit (ANBC) to priority sector lending (PSL).

1. 10
2. 25
3. 50
4. 75
5. None of these

4.What is the FDI Limit in Small Finance Bank?

1. 25%
2. 50%
3. 75%
4. 100%
5. 74%

5. What is the minimum paid-up equity capital for Small Finance Bank?

1. Rs 100 crore
2. Rs 200 crore
3. Rs 500 crore
4. Rs 1000 crore
5. None of the above

6. Which of the following statement is wrong about Small Finance Banks?

1. It can be Business Correspondent (BC) for another bank
2. Large public sector entities and industrial and business houses cannot open Small Finance Bank
3. SFBs are encouraged to lend to SHGs
4. SFBs will be covered by the Banking Ombudsman (BO) Scheme
5. None of the above

7. Small Finance Banks are registered under which Act?

1. Banking Regulation Act, 1949
2. Reserve Bank of India Act, 1934
3. Payment and Settlement Systems Act, 2007
4. Companies Act, 2013
5. None of the above

8. Small Finance Bank are licensed under which Act?

1. Banking Regulation Act, 1949
2. Reserve Bank of India Act, 1934
3. Payment and Settlement Systems Act, 2007
4. Companies Act, 2013
5. None of the above

9. The voting rights of shareholder in Small Finance Bank are capped at __ per cent.

1. 10
2. 20
3. 25
4. 35
5. 50

10. Small Finance Banks and Payments Bank are a type of ___.

1. Shadow Bank
2. Differentiated Bank
3. Universal Bank
4. Delivery Bank
5. None of the above

Read More:

Thank You.

By TEAM ExamsCart.com   

(Government Exams ? Crack with Us…)