ASA Banking Basics Quiz

What is full form of RBI, SEBI?

Name 2 PSU banks

Which bank started UPI?

What is the use of a cheque?

What could Raju have done differently?

Should government give loan waiver in such cases?

How can banks help farmers in genuine situations?

What is CBS (Core Banking System)?

• Core Banking System is like a centralized computer brain for banks.

• It allows customers to access their accounts from any branch.

• It is a system that only works in the home branch.

• It is a method of calculating interest rates.

What is the role of a teller in a bank?

• The teller accepts deposits and gives cash.

• The teller manages the bank's investments.

• The teller is responsible for loan approvals.

• The teller handles customer complaints.

What is the clearing process in banking?

• Verifying a cheque and collecting money from another account.

• The process of depositing cash into an account.

• The method of calculating interest on loans.

• The procedure for closing a bank account.