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Worksheetsuntitled
Total questions: 28
Worksheet time: 28mins
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
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Fixed deposits can be withdrawn any time, but current deposits can not
Current deposits can be withdrawn any time, but fixed deposits can not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
What were the correct locations of three presidency banks during British India?
Surat , Indore , Delhi
Madras, Bombay, Calcutta
Mysore, Nagpur, Lucknow
Dehradun, Nashik, Vishakhapatnam
RBI started working from ....... headquartered .........
6 mar 1934, calcutta
1 APR 1935 , Calcutta
6 mar 1934 Bombay
1 APR 1935 Bombay
Which of these cannot be issued by a Payment bank?
Debit Card
Credit Card
Foreign Exchange
none
Who is the chairperson of the Monetary Policy committee of India?
Finance Minister
Economic Advisor
Prime Minister
RBI Governor
Which of these accounts cannot be opened in a Payment Bank?
Recurring Deposits
Fixed Deposits
Current account
Both a and b
Which of the following is not the fund based business of commercial banks?
Loans and advances
Acceptance of Deposits
Merchant Banking
None
What is MICR?
Material Identify Clearance Recognition
Magnet Identification Characteristic Recognition
Magnetic Ink Characteristic Recognition
Magnificent Ink Characteristic Recognition
________ cheques contains a white path at the bottom in which you have various numbers
Material Identify clearance Recognition
Magnet Identified Character Recognition
Magnificent Ink Characteristic Recognition
Magnetic Ink Characteristic Recognition
Which banks do not accept deposits?
Commercial banks
Investment banks
Retail banks
None of the above
Minimum and Maximum limits for RTGS
Minimum 2 Lakhs and Maximum No limit
Minimum 1 Lakhs and Maximum 10 Lakhs
Minimum 1 Rupees and Maximum No limit
Minimum 5 Lakhs and Maximum 50Lakhs
Cheque is a ___ instrument
Paper
Money alternative
Negotiable
All the Above
Is there any minimum and maximum cash withdrawal limit per day for Saving Account Holders?
Yes
No
Maybe
All of the Above
Expand the term EMI as used in banking/finance sector?
Easy Monthly Instalment
Equal Monthly Investment
Equated Mortgage Investment
Equated Monthly Instalment
Which Bank introduced internet banking in India?
CitiBank
HDFC Bank
SBI Bank
ICICI Bank
Which Bank introduced ATM in India?
ICICI Bank
Central Bank
Standard Chartered Bank
HSBC Bank
Aadhaar Pay is a biometric-based payment system in India. Is the statement true or false?
True
False
The concept of Goods And Services Tax (GST) is originated in……
Canada
US
Britain
Germany
Which of the following Private Bank has recently announced the start of its integration with ‘payments on WhatsApp’ to enable simple and secure FASTags recharge for the Bank’s customers?
IndusInd Bank
IDFC First Bank
HDFC Bank
Kotak Mahindra Bank
