16. Small Finance Banks are allowed to participate in which payment systems?
c) Cheque clearing
d) All of the above
Answer: d) All of the above
17. Small Finance Banks can issue credit cards to their customers.
a) True
b) False
Answer: a) True
18. Which of the following organizations is not eligible to convert into a Small Finance Bank?
a) Microfinance institutions
b) Non-Banking Financial Companies
d) Cooperative Banks
Answer: c) Regional Rural Banks
19. Small Finance Banks need to have a minimum of what percentage of their lending to priority sectors?
a) 20%
b) 30%
c) 40%
d) 50%
Answer: b) 30%
20. What is the maximum foreign shareholding allowed in a Small Finance Bank?
a) 26%
b) 49%
c) 74%
d) 100%
Answer: b) 49%
