18 - Payment Banks

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Payment Banks for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking and CAT / MBA entrance examinations of India

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1).
What is the deposit limit on saving accounts in the Payment banks?
2).
Which of these cannot be issued by a Payment bank?
3).
Who headed the committee to evaluate the license applications for Payment banks?
4).
Which of these accounts can be opened in a Payment Bank?
5).
Which is India's first Payment bank?
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