Banking Sample Paper SBI PO (Main) Sample Test Paper-5

  • question_answer
    The RBI issued final guidelines for payment banks recently. These banks will not be allowed to conduct which of the following?

    A)  Take deposits

    B)  Lend money

    C)  Distribute financial products such as insurance and mutual funds

    D)   Offer remittances up to a small limit (Rs 1 lakh currently)

    E)  Issue debit cards

    Correct Answer: B


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