Which of the following is not true about Small Finance Bank?
A. Maximum loan size to a single person cannot exceed 10% of total capital funds; cannot exceed 15% in the case of a group
B. At least 50% of its loans should constitute loans and advances of up to 25 lakhs
C. Minimum paid-up equity capital requirement of Small Finance Banks is Rs. 100 crores
D. They can set up subsidiaries to undertake non-banking financial service activities
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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