NEW
Font size
WorksheetsMoney Matrix
Total questions: 20
Worksheet time: 10mins
What to do to get your money back if you are doing an ATM transaction and money did not came out but it is debited from your account??
Start kicking the ATM machine
Take a photograph of the receipt showing failed transaction and complain it to the bank
Complain your bank about the issue without any proof of failed transaction
Start complaining about the difficulties of life
What is the best practice in a bank to avoid any problem while withdrawing currency?
Take time and check your notes on the counter itself
Take your notes outside the bank and check it
Don't check it at all, trust the bank afterall there is no chance of error as they use hightech machines to ensure no error
Take your notes and hide in any corner of the bank and then check your notes
What is the minimum prescribed percentage of the Capital Adequacy Ratio (CAR) to be maintained by Indian Banks?
8%
9%
10%
3.5%
Is it possible to redeem a mutilated cheque, if its possible then whose consent is required?
Mutilated Cheques are useless so throw them in dustbin
Yes, but banker intimation is must
No, ask the Drawer to re-use cheque
Fight with the bank staff and force them to pass your mutilated Cheque
Which of these assets can not be used as collateral for taking a loan??
All type of insurance policies, General and Life insurance policies included
Fixed return generating insurance policies like Money back plans, ULIPs, etc...
Equity Shares, land and machines
Fixed Deposits, Mutual funds, Gold, and Bonds
Which scheme was launched by the Indian government to solve problems of Indian consumers related to services rendered by banks?
Pradhan Mantri Suraksha yojana
Jan Vikaas Yojana
Banking Ombudsman Scheme
SARFAESI Act
The maximum amount that is exempted for an individual under the 80C section in case of buying life insurance is
Rs 2,00,000
Rs 1,50,000
Rs 1,00,000
Zero
In case of over-subscription of an IPO, shares are allotted on the basis of
First come, first serve
Lottery
Proportionate distribution
Bidding is done
Which of the following is the safest asset for making long-term investments?
Futures and Option
Penny Stock
Gold
Cryptocurrency
Can multiple currency notes have the same number?
No
Can't say
Yes
Why should I care?
Minimum Investment in Sovereign Gold Bonds (SGBs) is equivalent to how much weight of physical gold?
1gm
2.5gm
10gm
100gm
What is/are safe practices (s) while using UPI?
Never share your pin to anyone, even to banks and never click on suspicious links
Share your details to people who claims to be bank employee and lure you by some prize amount
Never use UPI
None
The official symbol of the Reserve Bank of India consists of
Banyan tree
Palm tree
Pipal tree
None
Credit and Debit cards are examples of which type of money?
Electronic Money
Plastic Money
Commercial Bank Money
Credit Money
Who is the lender of last resort for the Indian banks?
Ministry of Finance
RBI
World Bank
IMF
SBI is a
Nationalised and public bank
Cooperative bank
Private bank
Non-schedule bank
Which organization is the apex body for monitoring and controlling rural and agricultural development in India?
NABARD
NHB
SIDBI
RBDI
Which of these are types of cheques?
Stale Cheque
Blond Cheque
Bearer Cheque
A & C
Which of these is/are a credit rating agency?
NSE
Nifty 50
CIBIL
Sensex
Can we reduce the net taxable income if in the last financial year my overall income was in negative but this year, I made a huge profit?
I am not sure
Yes
Why should I care?
No
