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WorksheetsFunctions of banking
Total questions: 15
Worksheet time: 10mins
Savings Account can be opened by a minor
Yes
No
Primary function of bank is ----------------------------------------------and -------------------------------------
(a)
Current account can be opened by
Individual
Women
Businessman
Senior citizen
Current account holders can draw more than his credit balance, is known as
Withdraw
Overdraft
Encash
Endoresement
Full form of FDR --------------------------
(a)
What is clean loan ?
The loan documents are very clear
The loan given in a clean place
The loan given without any security
When loans are granted against the security of the borrower, such loan is said as----------------
(a)
In mortgage, the loan is granted against
Movable property
Vehicles
Immovable property
Full form of ATM
Any time money
All time Money
Automatic Taking machine
Automatic teller machine
Green cards are given to
NRI
Businessmam
Farmers
Politicians
Factoring was first started by which bank in India
Bank of India
State bank of india
Bank of Baroda
ICICI
medium term period under the Gold Monetization scheme is
2-3 years
4-5 years
5-7 years
6-7 years
E-Banking refers to -----------------
(a)
The card holder can purchase high value goods all over the world
VISA
MASTER
GOLD or PLATINUM
RUPAY
Full form of ECS
(a)
