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Trends and Cases in Finance Practice Test
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Trends and Cases in Finance Practice Test
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25 Questions

1. In the self-help group, the loan and saving decisions are taken by
2. In the Open System PPIs, the outstanding amount should not exceed______________ at any point.
3. For first five years how much paid-up equity capital needs to be maintained by promoters in payments bank?
4. Entrepreneurs are best as ________________
5. In july 2020 which of the following payment bank has launched a “Bhavishya” saving account for minors?
6. Small Finance Banks are registered under which Act?
7. Who is eligible to be a promoter of small finance banks?
8. In which year the Regional Rural Banks Act was passed?
9. Smart Card is ______
10. What is the maximum validity period of a PPI?
11. A small loan amount given to low-income households or groups is known as ________ .
12. Venture capital is concerned with:
13. What is the minimum capital required to set up payments bank?
14. What is not a mechanism that contributes to the success of Micro- credits?
15. What does it mean for microfinance institution (MFI) to be financially sustainable?
16. Which of the following takes the decisions regarding loans and savings in a self-help group (SHG)?
17. Which of the following is not one of the types of PPIs issued?
18. What is the rate of interest offered on PPI balance?
19. Who is the founder of Grameen Bank?
20. Self Help Group involves
21. In …………………..type of payment system customer is allowed to spend only up to the amount that have pre deposited into account.
22. What is NOT a potential limit of group lending?
23. What is TRUE of group lending clause?
24. How many payments banks have actually started operations since RBI has granted the in-principle approval?
25. Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28th June 2013 ?

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