Payment Banks in India

1.

What is the deposit limit on saving accounts in the Payment banks?

Rs 2 lakh

Rs 50000

Rs 5 lakhs

Rs 10 lakhs

2.

Which of these cannot be issued by a Payment bank?

ATM card

Debit card

Credit card

All of the above

3.

Who headed the committee to evaluate the license applications for Payment banks?

C Rangarajan

Usha Thorat

Nachiket Mor

B S Mehta

4.

Which of these accounts can be opened in a Payment Bank?

Savings Account

Current Account

Both a and b

None

5.

Which is India's first Payment bank?

PayTM Payments Bank

JIO Payments Bank

Airtel Payments Bank

Fino Payments Bank