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WorksheetsFundamentals of Banking
Total questions: 20
Worksheet time: 15mins
Banks accept deposits of money and saving from their customers. They attract it by paying customers . . .
(a)
Deposits which are payable after the expiry of a fixed period are called -
time deposits.
demand deposits.
NONE
What is the name of Central Bank in India?
SBI
RBI
PNB
Which bank enjoys monopoly power of Note issue?
NABARD
Commercial Bank
Central Bank
RuPay card was developed by
National Payment Commission of India
National Physical Commission of India
Net Payment Council of India
National Payments Corporation of India
ATM stands for
Any Time Money
Automatic Teller Machine
Automated Time Money
Any Teller Money
tick any two benefits of e-banking
Time saving
increases the chance of errors
convenience
not cost effective
Anything that's accepted in exchange for goods & services.
Currency
Money
Liquidity
Deferred Payment
What does the M in M-banking stands for?
money
message
mobile
mutual fund
9. An ordinary bank cheque that any bank can refuse to encash or pay because of insufficient finances in the bank account of the drawer of cheque.
A cheque
Bounced Cheque
An overdraft
RTGS
