If you ally craving such a referred banking awareness mcq book that will have the … Basic/Banking awareness is a part 100 random MCQs
41.Which of these DFI was primarily set up for the development of the Micro, Small and Medium Enterprise (MSME) sector?
Correct Answer: C [SIDBI]
The Small Industries Development Bank of India (SIDBI) is the principal financial institution for the promotion, financing and development of the Micro, Small and Medium Enterprise (MSME) sector. It also co-ordinates the functions of the institutions engaged in similar activities.
42.Which international organisation helped in setting up of ICICI in 1955?
[A] World Bank
[D] None of the above
Correct Answer: A [World Bank]
ICICI or Industrial Credit and Investment Corporation of India was formed in 1955 as a joint-venture of the World Bank, India’s public-sector banks and public-sector insurance companies to provide project financing to Indian industry.
43.What is the minimum paid-up capital requirements for Small Finance Banks?
[A] Rs 100 crore
[B] Rs 200 crore
[C] Rs 50 crore
[D] Rs 10 crore
Correct Answer: A [Rs 100 crore]
Small Finance Banks should have a minimum capital of Rs. 100 crore and maintain a capital adequacy of 15%
44.How much credit small finance banks has to give to priority sectors?
Correct Answer: B [75%]
The small Finance Banks have been mandated to extend 75% of their credit to priority sector lending. Further, at least half of these loans should be below Rs. 25 Lakh.
45.Which was the first small finance bank in India?
[A] Capital Small Finance Bank Limited
[B] Jana Small Finance Bank
[C] Ujjivan Financial Services Pvt Ltd
[D] AU Small Finance Bank
Correct Answer: A [Capital Small Finance Bank Limited]
Capital Small Finance Bank Limited commenced operations as India’s 1st Small Finance Bank on April 24, 2016 after conversion from Capital Local Area Bank.
46.How many branches of Payment banks must be in the unbanked rural area?
Correct Answer: A [25%]
The Reserve Bank of India mandates that atleast 25% branches of Payment banks must be in the unbanked rural area.
47.When did the RBI allowed for the first time to open ultra small branches?
Correct Answer: C 
in 2012, the Reserve Bank of India allowed banks to open ‘ultra small branches’ in rural areas of the country from where business correspondents (BCs) can conduct operations and thereby boost confidence of customers to use their financial services.
48.For which of these countries the RBI has served as the central bank in the past?
[C] Sri Lanka
[D] All of the above
Correct Answer: A [Myanmar]
The RBI has acted as Burma’s (now Myanmar) central bank until April 1947 (except during the years of Japanese occupation (1942–45)), even though Burma seceded from the Indian Union in 1937.
49.When was Deposit Insurance and Credit Guarantee Corporation established under RBI?
Correct Answer: B 
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of Reserve Bank of India. It was established on 15 July 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities.