Challenger App

No.1 PSC Learning App

1M+ Downloads
Which entity among the following cannot accept deposits under the RBI defined norms?

ASmall Finance Bank

BPayment Bank

CLocal Area Bank

DPublic Sector Commercial Bank

Answer:

B. Payment Bank

Read Explanation:

.


Related Questions:

PSSA came into force on ----.
Under DIR scheme, assistant is provided at the rate of
In the case of ---- policy, the premium amount is payable periodically throughout the entire life of the insured.
A foreign bank operating as a legally incorporated entity in India under full domestic regulatory supervision is following which entry route?
Which authority granted licenses to LAB (Local Area Bank)s?