31. Payment banks cannot undertake which of the following activities?
a) Accepting demand deposits
b) Online and mobile banking
c) Issuing debit cards
d) Providing overdraft facilities
32. Which of the following entities is not eligible to apply for a payment bank license in India?
a) Non-Banking Financial Companies (NBFCs)
b) Public sector undertakings (PSUs)
c) Companies with foreign ownership
d) Cooperative banks
33. Which payment bank formed a strategic partnership with ICICI Bank to leverage its vast network of branches?
a) Airtel Payments Bank
b) Paytm Payments Bank
c) Fino Payments Bank
d) India Post Payments Bank
34. What is the maximum amount that can be deposited in a payment bank account?
a) Rs. 10,000
b) Rs. 50,000
c) Rs. 1 lakh
d) Rs. 2 lakh
35. Payment banks in India can offer interest rates on savings accounts up to what percentage?
a) 1%
b) 2%
c) 3%
d) 4%
