Current Banking Awareness Quiz – Set 36
Target- RBI Assistant Mains and SBI Clerk Mains
Months Covered- October 2019, November 2019 and December 2019
- Which bank had crossed the milestone of issuing 2 million FASTag?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) State Bank of India
- What was India’s contribution in global wealth rise in 2019 as per the Global Wealth Report?
A) 2%
B) 3%
C) 7%
D) 10%
- Who has launched the “Team Cashless India” campaign?
A) NPCI
B) VISA
C) RBI
D) Mastercard
- The internal ombudsman scheme for non-Bank PPI issuers will cover those which have more than _____ pre-paid payment instruments outstanding?
A) 10
B) 15
C) 20
D) 25
- India had pledged what amount of contribution to UN Palestine Refugee Agency in 2020?
A) $10 Million
B) $15 Million
C) $1 Million
D) $5 Million
- What is the theme of first cohort under the Regulatory Sandbox by RBI?
A) Retail Payments
B) Digital Payments
C) Less Cash Society
D) Doubling Farmers income by 2022
- Name of India’s first corporate bond exchange-traded fund (ETF)?
A) India Bond ETF
B) Simple Bond ETF
C) Bharat Bond ETF
D) Regular Bond ETF
- Mastercard has tied up with which bank for Mastercard Identity Check?
A) Indian Bank
B) IndusInd Bank
C) Axis Bank
D) Federal Bank
- What is the minimum paid up capital requirement for Primary (Urban) Co-operative Banks (UCBs) to become Small Finance Bank?
A) Rs 100 crore
B) Rs 50 crore
C) Rs 150 crore
D) Rs 200 crore
- Now after NEFT has been made available on 24*7 basis, the first settlement of NEFT will take place after ________ hours.
A) 00:00
B) 00:30
C) 01:00
D) 01:30
What is the minimum paid up capital requirement for Primary (Urban) Co-operative Banks (UCBs) to become Small Finance Bank?
Ans is 200 corre not 100
Hi good observation. But the question does not asks “What is the minimum paid up capital requirement for Primary (Urban) Co-operative Banks (UCBs)”. In this case the answer would have been Rs 200 crore.
Rather it is saying what is the minimum paid up capital so that UCBs can convert in SFBs?
Hence as per RBIs guideline…
for Primary (Urban) Co-operative Banks (UCBs), desirous of voluntarily transiting into Small Finance Banks (SFBs) initial requirement of net worth shall be at ₹ 100 crore, which will have to be increased to ₹ 200 crore within five years from the date of commencement of business.