EMP-CHAP-6

1.Gopi spends his salary on movies, groceries, house rent and clothes. Where can he reduce his expenses to save some money.

• Clothes
• House rent
• Movies
• Groceries

2. When a person deposits a fixed sum of money every month, it is           account

• Recurring Deposit
• Saving Account
• Current Account
• Fixed Deposit

3. Online banking is also called          .

• Home banking
• Office banking
• Net banking
• Self banking

4.Pragathi downloaded the bank app on her mobile. She should not share her           with anyone

• Password
• MPIN
• OTP
• All of them

5. Sam opened a new shop. Which of these methods can he use to receive payments into his account?

• Money order
• QR code
• Loan
• Bank deposit

6.Simon's company calculated the income tax and paid on behalf of him. This is called         .

• House rent allowance
• Interest
• TDS
• NPS

7.Abhi wants to teach his 10 yr old daughter to save money from the pocket money she receives. Which option is the best?

• RD account
• Loan
• Piggy bank
• Loan

8.Rita wants to complete her higher education from a good university. Which loan should she apply for?

• Home loan
• Personal loan
• Education loan
• Auto loan

9.RTI means

• Road transport institute
• Right to Insurance
• Right to inform
• Right to Information

10.Online portal set up by the government to make any government related complaints is       .

• Public grievances portal
• Place grievances portal
• Public informing portal
• Public information portal