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WorksheetsGeneral Banking Awareness
Total questions: 31
Worksheet time: 16mins
Which payment interface launched by RBI enables interoperability of wallets with UPI?
Bharat Bill Payment System
Central Bank Digital Currency
Unified Payments Interface Lite (UPI Lite)
Card-on-File Tokenisation
Prepaid Payment Instruments Interoperability
Which global financial messaging system is experimenting with CBDC interoperability across borders?
RippleNet
SWIFT
PayPal Xoom
Western Union
NPCI International
What is the maximum limit for UPI Lite single payment transaction as per latest RBI guidelines?
₹500
₹200
₹250
₹1000
₹2000
The RBI has introduced 'Digital Rupee'. It is classified under which category of currency?
Stablecoin
Cryptocurrency
Central Bank Digital Currency (CBDC)
Utility Token
Virtual Asset
Which new framework did SEBI recently introduce to regulate financial influencers (‘finfluencers’)?
Investment Advisory Guidelines 2024
Digital Finfluencer Compliance Code
SEBI Advertisement Code
Research Analyst and IAs Amendment
Online Financial Content Guidelines
What is the main objective of RBI’s Account Aggregator framework?
To merge all bank accounts into one
To provide consolidated view and consent-based data sharing
To link PAN with Aadhaar
To prevent money laundering
To regulate NBFC operations
Which public sector bank launched the ‘Union Vyom’ super app integrating multiple digital services?
State Bank of India
Union Bank of India
Punjab National Bank
Bank of Baroda
Indian Bank
The term 'Tokenisation' in digital payments refers to:
Replacing card details with a unique code for secure transactions
Conversion of crypto tokens into fiat currency
Linking PAN and Aadhaar for compliance
Splitting UPI payments across multiple accounts
Issuing prepaid cards via fintech apps
Which Indian initiative is working towards internationalisation of UPI and RuPay cards?
Fintech India Mission
RBI Payments Vision 2025
NPCI International Payments Limited (NIPL)
Digital India 2.0
IndiaStack Global
What is the key feature of RBI’s new ‘Omnibus Framework for Self-Regulatory Organisations (SROs)’ in fintech?
Direct regulation of all fintech startups
Industry-led regulation under RBI oversight
Complete deregulation of fintech activities
Ban on digital lending apps
Merging NBFCs with banks
Which Indian bank became the first to launch a Digital Banking Unit (DBU)?
State Bank of India
Union Bank of India
ICICI Bank
Punjab National Bank
Bank of Baroda
12) The platform that introduced the UPI credit card linking feature is:
Google Pay
PhonePe
Paytm
BHIM
All of the above
Which RBI initiative focuses on financial inclusion through small ticket digital payments offline?
CBDC-Pilot
UPI123Pay
RuPay Credit on UPI
Offline Digital Payments Pilot
BBPS
Which digital platform integrates government benefits, UPI, and Aadhaar authentication?
DigiLocker
India Stack
e-Shram
PMJDY
JAM Trinity
Which regulator announced guidelines for digital lending platforms in India?
SEBI
IRDAI
RBI
NPCI
NABARD
The RBI Innovation Hub (RBIH) was set up to:
Promote fintech collaboration and innovation
Regulate cryptocurrency
Replace NPCI
Introduce UPI abroad
Act as a digital bank
Which Indian government-backed platform facilitates Open Credit Enablement Network (OCEN)?
India Stack
Open Network for Digital Commerce (ONDC)
UPI
GeM
Jan Samarth
Which new feature allows UPI users to make payments without internet connectivity?
UPI AutoPay
UPI123Pay
UPI Lite
UPI NowPay
UPI Assist
Which entity governs RuPay card operations in India?
Visa
NPCI
Mastercard
RBI
SEBI
Which organization launched the Unified Payments Interface (UPI)?
RBI
NPCI
NABARD
SIDBI
SEBI
What is the minimum lock-in period for investments in the Sovereign Gold Bond (SGB) scheme?
3 years
5 years
7 years
8 years
10 years
Which country was the first to adopt UPI for payments outside India?
Nepal
Bhutan
Singapore
UAE
Sri Lanka
What is the transaction limit per day for UPI AutoPay mandates for recurring payments without additional authentication?
₹1000
₹2000
₹5000
₹10000
₹15000
Which mobile app launched by NPCI enables digital RuPay credit card usage and UPI Lite payments?
Paytm
BHIM
YONO
Vyom
Which RBI initiative allows linking FASTag with UPI for toll payments?
UPI AutoPay
UPI123Pay
UPI 2.0
National Electronic Toll Collection
BBPS
In 2024, RBI permitted scheduled commercial banks to offer which new investment product via mobile apps?
Sovereign Gold Bonds
Crypto ETFs
Digital Rupee Wallets
PPF via UPI
Insurance-linked deposits
Which Indian fintech company became the first to launch UPI-based credit line facility?
Paytm
PhonePe
Slice
Cred
BharatPe
What does RBI’s PIDF (Payments Infrastructure Development Fund) scheme support?
Crypto exchanges
Rural and semi-urban acceptance infrastructure for digital payments
Foreign remittances
Digital lending apps
Finfluencers regulation
Which Indian initiative focuses on real-time monitoring of digital lending apps for fraud detection?
Operation Clean App
Project Sashakt
Digital Lending Supervision Cell
Cyber Swachhta Kendra
Project Nishant
Which feature was introduced in UPI to allow payments using mobile numbers only (without UPI ID)?
UPI Pay-to-Contact
UPI123Pay
UPI Lite X
UPI PhonePay
UPI ID-less Transfer
Which year did RBI launch the first pilot for its Digital Rupee (CBDC)?
2019
2020
2021
2022
2023
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