EASY
SBI PO Mains
IMPORTANT
Earn 100

Which committee mooted the idea of payments banks?
(a)Bimal Jalan Committee
(b)Nachiket Mor Committee
(c)P J Nayak Committee
(d)YV Reddy Committee
(e)None of the above

50% studentsanswered this correctly

Important Questions on Banking Awareness
EASY
SBI PO Mains
IMPORTANT
What is the minimum capital required to set up a payments bank?

HARD
SBI PO Mains
IMPORTANT
How much percentage of its funds is required to be invested by payments banks in Government securities or T-bills with maturity up to 1 year?

MEDIUM
SBI PO Mains
IMPORTANT
How much paid-up equity capital needs to be maintained by promoters in payments bank for the first five years?

HARD
SBI PO Mains
IMPORTANT
How many applicants had been granted in-principle approval by the RBI to start payments banks?

MEDIUM
SBI PO Mains
IMPORTANT
How many payments banks have actually started operations since the RBI has granted the in-principle approval?

HARD
SBI PO Mains
IMPORTANT
How much percentage of its funds can be held by payments banks in current and time deposit with the scheduled commercial bank?

MEDIUM
SBI PO Mains
IMPORTANT
Which of the following categories is/are covered under priority sector?

HARD
SBI PO Mains
IMPORTANT
What is the bank loan per borrower limit for building social infrastructure under priority sector?
