Payment Banks

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16. Which payment bank is associated with Reliance Industries?

a) Airtel Payments Bank

b) Paytm Payments Bank

c) Fino Payments Bank

d) Jio Payments Bank

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17. UPI (Unified Payments Interface) is a system developed by:

a) Reserve Bank of India

b) National Payments Corporation of India (NPCI)

c) Ministry of Finance

d) Indian Banks’ Association

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18. Payment banks are not allowed to accept which of the following types of deposits?

a) Term deposits

b) Recurring deposits

c) Demand deposits

d) Saving deposits

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19. Which payment bank is associated with Fino Finance?

a) Airtel Payments Bank

b) Paytm Payments Bank

c) Fino Payments Bank

d) India Post Payments Bank

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20. Which payment bank introduced the concept of “Paytm Wallet” in India?

a) Airtel Payments Bank

b) Paytm Payments Bank

c) Fino Payments Bank

d) India Post Payments Bank

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