1. On 16 September 2015, RBI in-principle granted licenses to how many applicants among 72 applicants to set up small finances banks that are all mainly microfinance and small finance companies?
1) 27
2) 19
3) 14
4) 6
5) 10
2. Which among the following entities did not get license to start the small finance banks?
1) Au Financiers (India) Ltd - Jaipur
2) Capital Local Area Bank - Jalandhar
3) SKS Micro Finance
4) Disha Microfin Private Ltd - Ahmedabad
5) Equitas Holdings - Chennai
3. Which among the following entities did not get license to start the small finance banks?
1) ESAF Microfinance and Investments Private Ltd - Chennai
2) Janalakshmi Financial Services Private Limited - Bengaluru
3) Suryoday Micro Finance Private Ltd - Navi Mumbai
4) Ujjivan Financial Services Private Ltd - Bengaluru
5) All of the above entities got permission to start small finance banks
4. Which of the following activities cannot be done by the new small finance banks as per RBI order?
1) Take small deposits and provide loans
2) Distribute mutual funds and other simple third-party financial products
3) Can be a business correspondent of any other bank
4) Distribute insurance products
5) All of the activities can be done by Small Finance Banks
5. Small Finance Banks must disburse ........ of their total adjusted net bank credit to priority sector.
1) 35%
2) 25%
3) 50%
4) 75%
5) 45%
6. The Small Finance Banks maximum loan size would be ......... of capital funds to single borrower and 15% to a group as per the present RBI rules.
1) 20%
2) 25%
3) 40%
4) 50%
5) 10%
7. Minimum 50% total loans of Small Finance Banks should be up to Rs. ........
1) 10 lakh
2) 75 lakh
3) 25 lakh
4) 5 lakh
5) 15 lakh
8. Which of the following activity the Small Finance Bank cannot do?
1) They can't lend to big corporate houses.
2) They can't lend to big groups.
3) Cannot set up subsidiaries to undertake non-banking financial services activities.
4) Other financial activities of the promoter must not mingle with the bank.
5) All of the above activities cannot be done by Small Finance Banks.
9. In the Small Finance Banks, promoter's minimum initial contribution to the paid-up equity capital shall be at least .........
1) 10%
2) 20%
3) 25%
4) 40%
5) 74%
10. Small Finance Banks minimum paid-up capital would be .........
1) Rs.200 cr
2) Rs.50 cr
3) Rs.10 cr
4) Rs.100 cr
5) Rs.1000 cr
ANSWERS:
1 - 5
2 - 3
3 - 5
4 - 3
5 - 4
6 - 5
7 - 3
8 - 5
9 - 4
10 - 4