BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Rs 300 crore and Rs 100 crore
|
|
|
Rs 350 crore and Rs 50 crore
|
|
|
Rs 200 crore and Rs 100 crore
|
|
|
Rs 100 crore and Rs 50 crore
|
Detailed explanation-1: -The NPCI was incorporated in December 2008 and the Certificate of Commencement of Business was issued in April 2009. The authorised capital has been pegged at ₹3 billion (US$38 million) and paid-up capital is ₹1 billion (US$13 million). Initially, there were ten promoter banks viz.
Detailed explanation-2: -Features of Payment Banks It needs to have a minimum paid-up capital of Rs. 100, 00, 00, 000. Minimum initial contribution of the promoter to the Payment Bank to the paid-up equity capital shall at least be 40% for the first five years from the commencement of its business.
Detailed explanation-3: -BHIM (Bharat Interface for Money) is an Indian mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI).
Detailed explanation-4: -Bharat Bill Payment System: The Bharat Bill Payment System is an initiative taken by NPCI along with the Reserve Bank of India (RBI) for payment of all bills which will provide an interoperable and accessible bill payment service to its customers.