46. What is the maximum shareholding allowed by a single promoter in a Small Finance Bank?
a) 5%
b) 10%
c) 15%
d) 20%
Answer: c) 15%
47. Small Finance Banks are required to have what percentage of their loan portfolio in the priority sector category?
a) 25%
b) 40%
c) 50%
d) 75%
Answer: c) 50%
48. What is the maximum age limit for directors of a Small Finance Bank?
a) 60 years
b) 65 years
c) 70 years
d) No age limit
Answer: d) No age limit
49. Small Finance Banks are not allowed to set up subsidiaries for providing financial services.
a) True
b) False
Answer: a) True
50. Which of the following is not an eligible sector for priority sector lending by Small Finance Banks?
a) Agriculture
b) Retail trade
c) Education loans
d) Housing loans
Answer: b) Retail trade