Small Finance Banks

6. What is the objective of Small Finance Banks in India?

a) Financial inclusion of unbanked and underbanked sections of the society

b) Profit maximization for shareholders

c) Provision of capital for large industries

d) Promoting foreign investment in India

View Answer >

7. Which of the following services are provided by Small Finance Banks?

a) Accepting deposits

b) Providing credit facilities

c) Remittance services

d) All of the above

View Answer >

8. Small Finance Banks are not allowed to provide which of the following services?

a) Insurance products

b) Mutual fund schemes

c) Credit cards

d) Online banking facilities

View Answer >

9. How many Small Finance Banks were granted licenses in the first phase of their establishment?

a) 10

b) 12

c) 15

d) 20

View Answer >

10. The first Small Finance Bank to start its operations in India was:

a) Ujjivan Small Finance Bank

b) Equitas Small Finance Bank

c) Fincare Small Finance Bank

d) Suryoday Small Finance Bank

View Answer >

Leave a Comment

Note:- All Study Material Job Notice/Results/Exams/Marks/Admit Card published on this website is only for immediate information purpose. This information is not to be a Legal Document/Information. If in case any mistake, error and maybe wrong, then this website is not responsible. WE DONT HAVE ANY YOUTUBE CHANNEL.