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The movement of funds by electronic means

• EFT (Electric Funds Transfer)
• ATM (Automated Teller Machine)
• PIN (Personal Identification Number
• POS (Point of Sale transaction)

What's Gross Income?

• What you earn before taxes
• What you earn after taxes
• Amount of taxes you pay
• Disgusting money

A cheque becomes invalid after 6 months - true or false?

• True

• False

Bank rate is decided by which of the following?

• Reserve Bank of India

• Government of India

• State bank of India

• SEBI

Which of the following is not a regulatory institution in the Indian Financial System?

• RBI

• SEBI

• CIBIL

• IRDA

Taking more money out of your account than is available​ is called?

• Overdraw
• Deposit
• Withdraw
• Balance

What is the name of a legal document that functions like cash?

• Check
• ATM
• Deposit slip
• PIN

Liam wants cash from his bank, but it is closed, He will use the ATM.

• credit card
• debit card
• savings account

What is the difference between current and fixed deposit?

• Current deposit is only for small sums of money

• Fixed deposits can be withdrawn any time, but current deposits can not

• Current deposits can be withdrawn any time, but fixed deposits can not

When writing a check, it is a good idea to use

• pencil

• erasable pen

• blue or black ink pen

• red pen