MCQ’s on Smart business CA

1. Which of the following are variants of Smart business CA?

a. Platinum
b. Gold
c. Silver
d. All of the above
Ans:d

2. Who are the eligible for opening a Smart business CA?

a. HUF
b. Partnership Firms & LLP
c. Resident individual
d. All of the above
Ans:d

3. What is the minimum balance for SBA 2.0 Gold in metro &urban?
a. 25,000
b. 10,000
c. 50,000
d. 1 Lakh
Ans: d

4. How much amount will be charged by use of neft/rtgs through SBA platinum ?
a. 1%
b. 0.5%
c. 2%
d. 0%
Ans: d

5. Which of the following is true with regards to Smart business account?

a. Zero QAB for 2 quarters
b. After 2 quarters 25,000 QAB
c. Both a &b
d. None of the above
Ans: a

6. Howmany free outward cheque Return p.m with regards to SBA gold?
a. 10
b. 2
c. 20
d. Unlimted
 Ans: a

7. What is minimum balance for SBA Silver?

a. 25k
b. 50k
c. 1lac
d. 5lac
Ans: b
8. Is there any charges applicable by using of SBA Ivy for cash withdrawal?
a. yes
b. no
Ans: b

9. How many DD/PO issuance p.m with regards to SBA Ivy?

a. 10
b. 20
c. 50
d. Unlimted
Ans: d

10. While opening the SBA Ivy account which approval to be needed?
a. Branch manager
b. Regional head
c. Deputy manager
Ans: b
11. What is the minimum balance for SBA Platinum?
a. 1 Lakh
b. 2 Lakh
c. 5 Lakh
d. 3 Laks
Ans: c
12. How much Waiver to be given to SBA gold customer in case of Auto &Mortage Loan PF?
a. 20%
b. 30%
c. 50%
d. 10%
Ans: c
13. What is the MAB transaction for SBA silver?
a. 10 times MAB
b. 20 times MAB
c. 12 times MAB
Ans: a
 14. Which of the application can be used for smart business account?
a. instabiz
b. I mobilepay
c. Both a& b
d. None of the above
Ans: a
15. to be active on Digipack ,The minimum transaction amount on each channel required
is
A.2000
B.1000
C.3000
4.5000
ans:2000

16. Cash deposit free limit for each MAB in SBA2.0

a.6 times of MAB
b.5 times of MAB
c.4 times of MAB
d.8 times of MAB.
Ans.6 times of MAB

17. Which of the Card services provided through SBA

A. Business Gold Debit card
b.business silver debit card
c.platinum card
d.none of them
Ans.A

18. Which variant applicable for mobile alert charges?

A.classic
B.Silver
C.Gold
4.platinum
Ans : classic


19. What is the limit for outward cheque return per month for SBA 2.0 Customers
A.30
b.50
C.25
D.No limit
Ans : No limit
 20.Free IMPS taxation limit for every____MAB
a.2 lacs
b.1 lac
c.4 lacs
d.5 lacs
Ans.1 lac

21.Which is not variant of SBA 2.0

a.platinum
b.silver
c.titanium
d.gold
Ans. Titanium

22.Status code for Claasic 2.0 SBA Account is ____

a.CLS 25
b.CLS 50
C.CLS 100
d.CLS 150
Ans. CLS 25

23.Max cash deposit limit for SBA platinum customer is

a,12 times MAB
b.24 times MAB
c.15 times MAB
d.30 times MAB
Ans. 12 times MAB

24.the benefits by using SBA 2.0 are in the form of

a.cash transactions
b.non cash transactions
c.both of them
d.none
Ans. C

25.QAB for Rural and Inclusive group for SBA 2.O Gold customers is

a.25000
b.30000
c.45000
d.45000
Ans.25000

26.Debit card charges are applicable in SBA 2.O___ Customers

a.platinum
b.silver
c.classic
d.gold
Ans.Classic

27.Is there any waiver applicable for SBA classic 2.0 customers in Auto and Mortgage loan PF
services
a.yes
b.no

Ans. b

28.Which of the Primary feature in SBA 2.0

a.QAB
b.MAB
c.both of them
d.either of them
Ans a.QAB

29.Standard Charges for RTGS/Neft applicable in for SBA 2.0_____Customers

a.platinum
b.silver
c.classic
d.gold
Ans.Classic

30. QAB of Rs 10,00,000 required for

A.SBA 2.O IVY

B.SBA 2.O Gold
C.SBA 2.O classic
D.SBA 2.O silver

Ans A.SBA 2.O IVY