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- The Rupay card launch has made Saudi Arabia the third nation in West Asia to initiate India’s digital payment system. Which was the first foreign nation to launch the RuPay card?
1) Maldives
2) Bhutan
3) Pakistan
4) Sri Lanka
5) None of these
- Recently, on which bank the Reserve Bank of India (RBI) imposed a penalty of Rs. 1 crore for not bringing down the promoter shareholding to 40 percent?
1) YES Bank
2) ICICI Bank
3) Kotak Mahindra Bank
4) Bandhan Bank
5) Indian Bankit
- Where is the headquarters of BIMSTEC located?
1) Bangladesh
2) Nepal
3) India
4) Indonesia
5) Sri Lanka
- As per section 17 of Banking Regulation Act 1949, every banking company incorporated in India is required to transfer to statutory reserve at least:
1) 50% of profit after dividend
2) 20% of profit before dividend
3) 15% of total profits
4) 20% of total profits
5) None of the above
- Which of the following act gives legal status to a digital signature?
1) Income Tax Act 1961
2) Right to Information Act 2005
3) RBI Act 1934
4) Information Technology Act 2000
5) None of the above
- What is the minimum paid-up equity capital for small finance banks?
(1) Rs 100 crore
(2) Rs 500 crore
(3) Rs 10 crore
(4) Rs 200 crore
(5) Rs 1000 crore
- Which of the following payment technology company, has signed up the world badminton champion Pusarla Venkata Sindhu as its brand ambassador for two years?
(1) Master Card
(2) Rupay Card
(3) Visa Card
(4) Maestro Card
(5) None of these
- SBI Card launched ‘SBI Card Pay’. It is based on which technology?
(1) Hide Card Emulation
(2) Host Credit Emulation
(3) Hide Credit EEmulatio
(4) Host Card Emulation
(5) None of these
- What is the full form of FATF?
(1) Financial Action Task Force
(2) Freedom Action Task Force
(3) Financial Act Task Force
(4) Freedom Act Task Force
(5) None of the above
- RBI has recently expanded the scope of SNRR Account by permitting person resident outside India to open such account. What does SNRR Account denotes?
(1) Secure Non-Resident Rupee Account
(2) Social Non-Resident Rupee Account
(3) Standard Non-Resident Rupee Account
(4) Sovereign Non-Resident Rupee Account
(5) Special Non-Resident Rupee Account