Important Banking Awareness Quizzes (Topic Wise) for Upcoming IBPS Exams 2017

Important Banking Awareness Quizzes (Topic Wise) for Upcoming IBPS Exams 2017:

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming IBPS Exams 2017 can make use of it.

Small Finance & Payment Banks Part-2

1. Small Finance Banks will be permitted to use IRF for the purpose of proprietary hedging. What does F stands for in IRF?

1).IRF- Interest Rate Futures. An interest rate future is a financial derivative (a futures contract) with an interest-bearing instrument as the underlying asset. It is a particular type of interest rate derivative. Examples include Treasury-bill futures, Treasury-bond futures.
Answer: D

2. The Minimum Capital Requirement for Small Finance Banks under the Capital adequacy framework is ________.

2).
Answer: D

3. Atleast ________ of the loan portfolio of Small Finance Banks should constitute loans and advances of upto Rs. 25 lakh.

3).
Answer: D

4. Payments Bank will be registered as a public limited company under the Companies Act, 2013, and licensed under the ________.

4). Payments Bank will be registered as a public limited company under the Companies Act, 2013, and licensed under the section 22 of Banking Regulation Act 1949.
Answer: B

5. The payments bank will be required to use the words ________ in its name in order to differentiate it from other banks.

5).
Answer: B

6. Every Payments Banks are required to invest minimum ________ of its “demand deposit balances” in Government securities with maturity up to one year.

6).
Answer: D

7. The external committee of Payment Bank was headed by ________.

7).
Answer: A

8. The Payments bank will be recognized as Systematically Important when the net worth of the bank reaches ________.

8).
Answer: C

9. The maximum balance that any account of Payments Bank can hold is Rs ________.

9).
Answer: B

10. The voting right of any shareholder is capped at ________, which can be raised to 26% by Reserve Bank of India.

10). The voting right of any shareholder is capped at 10%, which can be raised to 26% by Reserve Bank of India.
Answer: C

11. Still now how many Payment Banks started its business in India ________.

11). Still now Airtel Payment Bank, Paytm Payment Bank and India Post Payment Bank
Answer: B

12. The first opened Small Finance Bank “Capital Local Area Bank” located in ________.

12). Capital Local Area Bank headquarters is Jalandhar, Punjab.
Answer: A

13. The NBFC, Disha Microfin Private Ltd started its Small Finance Bank in Ahmadabad. What is the name of this Bank?

13). Headquarters of Small Finance Bank is Ahmadabad, Gujarat.
Answer: E

14. Where is the headquarters of ESAF Small Finance Bank located?

14). ESAF Microfinance and Investments Private Ltd.- Thrissur, Kerala.
Answer: D

15. The North East Small Finance Bank is the first small bank of North East India, headquarterd in Guwahati was started by ________ Microfinance Limited.

15).
Answer: C

16. Where is the headquarters of Equitas Small Finance Bank located?

16).
Answer: A

17. The headquarters of AU Small Finance Bank is ________.

17).
Answer: E

18. The headquarters of Ujjivan Small Finance Bank located in ________.

18).
Answer: C

19. Where is the headquarters of Jana Small Finance Bank located?

19). Janalakshmi Financial Services Private Limited started the Small Finance Bank Jana Small Finance Bank in Bengalore.
Answer: C

20. The headquarters of Suryoday Small Finance Bank Ltd located in ________.

20). Suryoday Small Finance Bank Ltd located in Navi Mumbai.
Answer: B