Top 80+ Solved Trends and Cases in Finance MCQ Questions Answer

From 31 to 45 of 89

Q. Which of the following is not the part of organized sector of Indian MoneyMarket?

a. Chit Funds

b. Mutual Funds

c. Non-Banking Financial Companies

d. Reserve Bank of India

  • a. Chit Funds

Q. What is the minimum paid up capital requirement of small finance Banks?

a. 100 crore

b. 200 crore

c. 50 crore

d. 10 crore

  • a. 100 crore

Q. Which of the following operations are undertaken by small finance banks?

a. Accepting deposits

b. Disbursing small loans

c. Sell insurance products

d. All of the above

  • d. All of the above

Q. Who is eligible to be a promoter of small finance banks?

a. Individuals

b. Corporates

c. Trusts

d. All of the above

  • d. All of the above

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

a. 26%

b. 49%

c. 74%

d. 100%

  • c. 74%

Q. Small Finance Banks are registered under which Act?

a. Companies Act, 2013

b. Banking Regulation Act, 1949

c. Reserve Bank of India Act, 1934

d. Credit Information Companies (Regulation) Act, 2005

  • a. Companies Act, 2013

Q. Small Finance Bank are licensed under which Act?

a. Banking Regulation Act, 1949

b. Reserve Bank of India Act, 1934

c. Payment and Settlement Systems Act, 2007

d. Companies Act, 2013

  • a. Banking Regulation Act, 1949

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

a. It can be Business Correspondent (BC) for another bank

b. Large public sector entities and industrial and business houses cannot open Small Finance Bank

c. SFBs are encouraged to lend to SHGs

d. SFBs will be covered by the Banking Ombudsman (BO) Scheme

  • a. It can be Business Correspondent (BC) for another bank
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