E-Banking and Banking Services Concepts

E-Banking and Banking Services Concepts

Assessment

Interactive Video

Created by

Amelia Wright

Business

9th - 12th Grade

Hard

18:56

10 questions

Show answers

1.

Multiple Choice

30 sec

1 pt

What is a key characteristic of business services?

They are intangible and provide satisfaction.

They are standardized.

They provide physical products.

They are tangible.

2.

Multiple Choice

30 sec

1 pt

How do banks support business operations?

By offering legal advice.

By providing loans and managing deposits.

By manufacturing goods.

By selling insurance policies.

3.

Multiple Choice

30 sec

1 pt

Which type of bank is governed by the Indian Banking Regulation Act 1949?

Investment banks

Private banks

Commercial banks

Foreign banks

4.

Multiple Choice

30 sec

1 pt

What is the role of the Reserve Bank of India?

To manage international trade

To manufacture currency

To supervise all banks in India

To provide loans to individuals

5.

Multiple Choice

30 sec

1 pt

What is the primary function of a commercial bank?

Accepting deposits and lending money

Providing entertainment services

Manufacturing products

Offering travel services

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