Small Finance Banks

31. Which of the following is not an objective of Small Finance Banks?

a) Provision of basic banking facilities

b) Microfinance

c) Priority sector lending

d) Maximizing shareholder profits

32. Small Finance Banks can accept deposits up to what amount per account?

a) Rs. 1 lakh

b) Rs. 5 lakh

c) Rs. 10 lakh

d) Rs. 25 lakh

33. Which of the following is not an eligible activity for Small Finance Banks?

a) Insurance broking

b) Portfolio management

c) Infrastructure financing

d) Education loans

34. Small Finance Banks cannot provide services in which region?

a) Urban

b) Rural

c) Metropolitan

d) Semi-urban

35. What is the mandatory conversion timeline for payments banks into Small Finance Banks?

a) 1 year

b) 3 years

c) 5 years

d) 7 years