26. What is the minimum capital requirement to set up a payment bank in India?
a) Rs. 100 crore
b) Rs. 200 crore
c) Rs. 300 crore
d) Rs. 500 crore
27. Which of the following payment banks was first granted a license to operate in India?
a) Paytm Payments Bank
b) Airtel Payments Bank
c) Fino Payments Bank
d) India Post Payments Bank
28. Payment banks are required to maintain which of the following ratios at all times?
a) Capital Adequacy Ratio (CAR)
b) Cash Reserve Ratio (CRR)
c) Statutory Liquidity Ratio (SLR)
d) Loan-to-Deposit Ratio (LTD)
29. Which of the following activities are payment banks not allowed to undertake?
a) Fiduciary services
b) Issuing and operating ATM/debit/prepaid cards
c) Underwriting insurance products
d) Distributing mutual funds
30. Which of the following is not a payment bank in India?
a) Airtel Payments Bank
b) Paytm Payments Bank
c) Fino Payments Bank
d) IndusInd Payments Bank
