Banking Pathway: General Awareness Quiz

1. MUDRA bank launched by PM on 27 June 2015 with a corpus of ........... and credit guarantee of Rs.3,000 crore.

1) Rs.10,000 crore

2) Rs.70,000 crore

3) Rs.20,000 crore

4) Rs.40,000 crore

5) None

2. MUDRA stands for ........

1) Mind Units Development and Refinance Agency

2) Minimum Units Development and Refinance Agency

3) Micro Units Development and Refinance Agency

4) More Units Development and Refinance Agency

5) None

3. Which bank is now under the obligation of refinancing micro-finance institutions in the business of lending to small entities?

1) RBI

2) SBI

3) MUDRA Bank

4) Corporation Bank

5) BMB

4. The role of MUDRA bank is .....

1) laying down policy guidelines for micro enterprise financing business, registration, accreditation and rating of MFI entities.

2) lay down responsible financing practices to ward off over-indebtedness and ensure proper client protection principles and methods of recovery.

3) to provide the finance to Non - Corporate Small Business Sector (NCSBS).

4) it would partner with state / regional level financial intermediaries to provide finance to last mile financier of small / micro business enterprises.

5) All of above

5. One of the product of MUDRA bank is Shishu. Shishu covers the loan up to .....

1) Rs.1,50,000

2) Rs.40,000

3) Rs.70,000

4) Rs.20,000

5) Rs.50,000

6. Kishor, one of the product of MUDRA bank provide the loan of ..........

1) Rs.50,000 to Rs.5 lakh

2) Rs.1,50,000 to Rs.5 lakh

3) Rs.20,000 to Rs.5 lakh

4) Rs.50,000 to Rs.15 lakh

5) None

7. Tarun, the product of MUDRA bank provides the loan of .......

1) Rs.5 lakh to Rs.7 lakh

2) Rs.3 lakh to Rs.10 lakh

3) Rs.5 lakh to Rs.15 lakh

4) Rs.1 lakh to Rs.10 lakh

5) Rs.5 lakh to Rs.10 lakh

8. Which of the following barrower is eligible to barrow from MUDRA bank?

1) Small manufacturing unit

2) Shopkeepers

3) Fruits / vegetable vendors

4) Artisans

5) All of above

9. Till a separate legislation made, MUDRA bank run as subsidiary of ......

1) SBI

2) NABARD

3) RBI

4) NHB

5) SIDBI

10. Which is the first bank launched Mudra Card under Pradhan Mantri Mudra Yojana based on the RuPay platform on 4 July 2015?

1) Axis Bank

2) SBI

3) Corporation Bank

4) Kotak Mahindra Bank

5) Canara Bank

Answers:

1-3

2-3

3-3

4-5

5-5

6-1

7-5

8-5

9-5

10-3