Small Finance Banks

36. Small Finance Banks are required to have what minimum percentage of their branches in unbanked rural centers (population up to 9,999)?

a) 20%

b) 25%

c) 33%

d) 50%

37. What is the maximum foreign shareholding allowed in Small Finance Banks after the lock-in period of 5 years?

a) 26%

b) 49%

c) 74%

d) 100%

38. Small Finance Banks cannot invest their deposits in treasury bills.

a) True

b) False

39. Which of the following is the first Small Finance Bank to be granted an in-principle license?

a) Ujjivan Small Finance Bank

b) Equitas Small Finance Bank

c) ESAF Small Finance Bank

d) AU Small Finance Bank

40. Which of the following is not an eligible promoter for Small Finance Banks?

a) Non-resident Indians (NRIs)

b) Corporate bodies

c) Banks

d) Foreign investors