Home › Banking › Structure of Indian Banking System

Structure of Indian Banking System — Banking Questions & Practice

Practise 1 Structure of Indian Banking System questions from Banking for competitive exams such as UPSC, Banking, SSC and Railway. Read the worked questions below, check every answer with an explanation, and track what you get wrong.

Practise this topic

1 question · 0 quizzes · free to start

Practice questions on Structure of Indian Banking System — with answers

Try each question first, then open the answer. Explanations are included.

1. What is the maximum balance limit per individual customer allowed in a Payment Bank account?

A₹2,000,000 (₹2 Lakh)
B₹1,000,000 (₹1 Lakh)
C₹500,000 (₹5 Lakh)
DNo limit

Show answer

Answer: A

RBI enhanced the maximum end-of-day balance limit for Payment Bank customers to ₹2 lakh.

Practise more Structure of Indian Banking System questions

More Banking topics

Numerical Ability - Simple Interest (Find Rate) (700)Numerical Ability - Simple Interest (Find Time) (700)Banking Abbreviations (174)Numerical Ability - Compound Interest (100)Banking Abbreviations & Terminology (81)Numerical Ability - Simple Interest (69)Miscellaneous Banking Awareness (66)RBI - Governors (50)Capital Markets (47)RBI - Structure & Monetary Policy (47)Banking Instruments & Services (43)Banking History & Evolution (38)Types of Banks & Structure (38)Banking Technology & Digital Payments (37)NPA, Basel Norms & Risk Management (33)Banking Regulations & Acts (29)Banking Terms (29)Insurance & Financial Institutions (27)All Banking →