Q.1 To be a promoter in , resident individuals/professionals should have how many years of experience in banking and finance? 1. 10 Years 2. 14 Years 3. 12 Years 4. 15 Years 5. 20 Years Ans.1 Q.2 What is the Capital Adequacy Ratio (CAR) for Small Finance Banks? 1. 14% 2. 10% 3. 12% 4. 11% 5. 15% Ans.5 Q.3 What is the FDI Limit in Small Finance Bank? 1. 26% 2. 74% 3. 100% 4. 49% 5. 20% Ans.2 Q.4 What is the minimum paid-up equity capital for Small Finance Bank? 1. 500 Cr 2. 200 Cr 3. 100 Cr 4. 300 Cr 5. 400 Cr Ans.2 Q.5 The promoter’s minimum initial contribution to the paid-up equity capital of small finance bank shall at least be ____ per cent. 1. 40% 2. 30% 3. 15% 4. 55% 5. 60% Ans.1

Daily Current Affairs Class at 7:00 AM Mon to Sat @ Adda247 Youtube Channel Q.6 Small Finance Bank must extend _____ per cent of its Adjusted Net Bank Credit (ANBC) to priority sector lending (PSL). 1. 40% 2. 75% 3. 18% 4. 12% 5. 15% Ans.2 Q.7 For Small Finance Bank, ____ of its loan portfolio should constitute loans and advances of upto Rs. 25 lakh. 1. 20% 2. 30% 3. 40% 4. 50% 5. 10% Ans.4 Q.8 Which of the following is not a regulatory body? 1. RBI 2. NPCI 3. PFRDA 4. SEBI 5. IRDAI Ans.2 Q.9 What is the Accounting Year of Reserve ? 1. April- March 2. June-May 3. Jan-Dec 4. July- June 5. August-July Ans.1 Q.10 can apply for conversion to Small Finance Bank after how many years of operation? 1. 2 years 2. 5 years 3. 3 years 4. 4 years 5. 7 years Ans.2 Q.11 After how many years of operations does a Small Finance Bank gets the status of scheduled bank? 1. 1 Years 2. Immediately upon commencement of operations 3. 2 Years 4. 5 Years 5. 10 Years Ans.2 Q.12 The minimum deposit at any one time shall be ______of raw gold (bars, coins, jewellery excluding stones and other metals) under Gold Monetization Scheme (GMS) 2015. 1. 30 Grams 2. 20 Grams 3. 14 Grams 4. 10 Grams 5. 40 Grams Ans.4 Q.13 What is the maximum limit for deposit under Gold Monetization Scheme (GMS) 2015? 1. 30 grams 2. 20 grams 3. 14 grams 4. 10 grams 5. No limit Ans.5 Q.14 Which of the following is not a part of foreign exchange reserves of RBI? 1. Foreign currency assets 2. Gold 3. Special Drawing Rights 4. Silver 5. None of the above Ans.4 Q.15 How many batches are in National Electronic Funds Transfer (NEFT) System? 1. 30 2. 24 3. 48 4. 12 5. 10

Daily Current Affairs Class at 7:00 AM Mon to Sat @ Adda247 Youtube Channel Ans.3 Q.16 Central Government determines the inflation target once in how many years? 1. 4 2. 5 3. 2 4. 3 5. 6 Ans.2 Q.17 What is the priority sector lending target for Regional Rural Banks? 1. 12% 2. 75% 3. 40% 4. 15% 5. 18% Ans.2 Q.18 In which year, The first ATM in India was set up by HSBC in Mumbai? 1. 1980 2. 1983 3. 1992 4. 1987 5. 1988 Ans.4 Q.19 Reserve Bank can have maximum of how many Deputy Governors? 1. 2 2. 4 3. 5 4. 8 5. 6 Ans.2 Q.20 RBI has how many fully owned subsidiaries? 1. 3 2. 2 3. 4 4. 1 5. None of these Ans.3

Q.21 Which of the following system is available on 24×7 basis? 1. NEFT 2. RTGS 3. IMPS 4. NACH 5. All of the above Ans.5 Q.21 Education loans upto ______as eligible for priority sector lending. 1. 12 Lakh 2. 20 Lakh 3. 25 Lakh 4. 30 Lakh 5. 34 Lakh Ans.2 Q.23 What does C stand for in ECB? 1. Counter 2. Credit 3. Commercial 4. Clearing 5. Cash Ans.3 Q.24 Unique Transaction Reference (UTR) number is a ______code used to uniquely identify a transaction in RTGS system. 1. 16 character 2. 15 character 3. 10 character 4. 14 character 5. 22 character Ans.3 Q.25 What does the First 4 characters of a SWIFT code represent? 1. Bank Code 2. Country Code 3. City Code

Daily Current Affairs Class at 7:00 AM Mon to Sat @ Adda247 Youtube Channel 4. Branch Code 5. None of these Ans.1 Q.26 Which of the following is not a valid Treasury Bills (T-Bills)? 1. 91 Days 2. 182 Days 3. 364 Days 4. 14 Days 5. None of these Ans.4 Q.27 The definition of MSME is based on 1. Only Investment 2. Investment And Annual Turnover 3. Only Annual Turnover 4. Investment in Plant & Machinery 5. Investment in equipment Ans.2 Q.28 In which year was Export-Import Bank of India (EXIM) Bank established? 1. 1980 2. 1982 3. 1981 4. 1984 5. 1985 Ans.2 Q.29 How many digits are there in Mobile Money Identifier (MMID)? 1. 11 2. 9 3. 7 4. 20 5. 21 Ans.3 Q.30 How many category are under Priority Sector Lending? 1. 5 2. 3 3. 7 4. 8 5. 10 Ans.4 Q.31 World Bank Group comprises of how many institutions? 1. 2 2. 5 3. 4 4. 6 5. 8 Ans.2 Q.32 Payment Bridge System (APBS) is a part of ______. 1. BHIM 2. AEPS 3. BHIM Aadhar Pay 4. NACH 5. NETC Ans.4 Q.33 What is the maximum compensation under the NBFC Ombudsman Scheme? 1. 10 Lakh 2. 20 Lakh 3. 30 Lakh 4. 15 Lakh 5. 25 Lakh Ans.1 Q.34 What is Name of the rate charged to a merchant for payment processing services on debit / credit card transactions? 1. GDR 2. ADR 3. MDR 4. IDR 5. None of these Ans.3 Q.35 BHIM App was developed by? 1. NBBL 2. SEBI 3. NPCI

Daily Current Affairs Class at 7:00 AM Mon to Sat @ Adda247 Youtube Channel 4. RBI 5. NIPL Ans.3 Q.36 On which denomination bank note has motif of Ellora Caves? 1. Rs 20 2. Rs 10 3. Rs 50 4. Rs 100 5. Rs 200 Ans.1 Q.37 How many types of Priority Sector Lending Certificates are there in India? 1. 2 2. 4 3. 5 4. 6 5. 7 Ans.2 Q.38 “Virtual Payment Address” is a feature in which of the following? 1. NEFT 2. RTGS 3. UPI 4. AEPS 5. None of these Ans.3 Q.39 How many digits are there in a Legal Entity Identifier (LEI)? 1. 20 2. 25 3. 30 4. 15 5. 10 Ans.1 Q.40 (BBB) has how many members? 1. 2 2. 7 3. 4 4. 3 5. 8 Ans.2

Daily Current Affairs Class at 7:00 AM Mon to Sat @ Adda247 Youtube Channel

Daily Current Affairs Class at 7:00 AM Mon to Sat @ Adda247 Youtube Channel