Payment Bank Guidelines and Regulations

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Questions and Answers

Who is responsible for maintaining the database on SHGs currently?

  • Government of India
  • NABARD (correct)
  • Banks
  • RBI

What is the potential long-term requirement for the sustainability of the SHG model?

  • Independent regulatory body
  • Federal structure (correct)
  • Government subsidies
  • Autonomous bank branches

What is the focus of the annual handbook published by NABARD?

  • Rural development in India
  • SHG Bank linkage programme (correct)
  • Microfinance in India
  • Banking regulations in India

What is the suggested role of NABARD in terms of data collection?

<p>Collecting and compiling data on the entire microfinance sector (C)</p> Signup and view all the answers

What is the regulatory framework for MFIs in India currently?

<p>No distinctive regulatory framework (D)</p> Signup and view all the answers

What is the suggestion for building the corpus of the MFDEF?

<p>A portion of profits from banks (D)</p> Signup and view all the answers

What is the incentive suggested for banks to contribute to the MFDEF?

<p>Tax relief (B)</p> Signup and view all the answers

Who are the main promoters of the SHG programme?

<p>Banks and NABARD (C)</p> Signup and view all the answers

What is the potential benefit of a federal structure for SHGs?

<p>Long-term sustainability (D)</p> Signup and view all the answers

What is the role of the RBI and the Government in the SHG programme?

<p>Development role (B)</p> Signup and view all the answers

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