Current Banking Awareness Quiz – Set 67
Target- SBI PO Mains
Months Covered- October, November and December 2021
- What is the cap on promoters’ stake in Private sector banks in India in the long run of 15 years with respect to the paid-up voting equity share capital of the bank?
A) 15 percent
B) 26 percent
C) 21 percent
D) 25 percent
- What is the initial paid-up voting equity share capital/ net worth required to set up a new universal bank in India?
A) Rs 500 crore
B) Rs 200 crore
C) Rs 1000 crore
D) Rs 1500 crore
- What is the initial paid-up voting equity share capital/ net worth required to set up a new Small Finance Bank in India?
A) Rs 200 crore
B) Rs 250 crore
C) Rs 300 crore
D) Rs 500 crore
- What is the initial paid-up voting equity share capital/ net worth requirement for Urban Cooperative Banks to transition into Small Finance Bank?
A) Rs 100 crore
B) Rs 150 crore
C) Rs 200 crore
D) Rs 300 crore
- All the new Small Finance Banks which are setup now, should be listed (on stock exchange) within ______ years from the date of commencement of operations’
A) 5
B) 4
C) 6
D) 8
- Universal banks should be listed on the stock exchange within how many years of commencement of operations?
A) 4
B) 5
C) 6
D) 8
- Which of the following bank has topped the 2021 list of globally systemic banks (G-SIBs) released by the Financial Stability Board (FSB)?
A) JP Morgan Chase
B) BNP Paribas
C) Bank of China
D) Goldman Sachs
- Which bank has announced the launch of India’s first-ever standalone metal debit card?
A) IDBI Bank
B) HDFC Bank
C) ICICI Bank
D) IDFC First Bank
- What is the interest rate on employees’ provident fund (EPF) deposits for 2020-21?
A) 8%
B) 8.2%
C) 8.5%
D) 8.7%
- What is the authorized share capital of National Bank for Financing Infrastructure and Development (NaBFID)?
A) Rs 20,000 crore
B) Rs 1 lakh crore
C) Rs 10,000 crore
D) Rs 1.5 lakh crore