Small Finance Banks

Here are some MCQs on Small Finance Banks

1. Which year was the Small Finance Banks (SFBs) established in India?

a) 2010

b) 2015

c) 2005

d) 2000

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2. What is the minimum paid-up capital requirement for Small Finance Banks?

a) Rs. 100 crore

b) Rs. 200 crore

c) Rs. 300 crore

d) Rs. 500 crore

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3. Which organization regulates the Small Finance Banks in India?

a) Reserve Bank of India (RBI)

b) Securities and Exchange Board of India (SEBI)

c) Ministry of Finance

d) Small Industries Development Bank of India (SIDBI)

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4. What is the maximum loan amount that can be given by Small Finance Banks to a single borrower?

a) Rs. 5 lakh

b) Rs. 10 lakh

c) Rs. 15 lakh

d) Rs. 20 lakh

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5. Which committee recommended the establishment of Small Finance Banks in India?

a) Raghuram Rajan Committee

b) Nachiket Mor Committee

c) YV Reddy Committee

d) Urjit Patel Committee

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