Banking Awareness 2 | Banking Awareness Free Online Tests | 20 MCQs with Answers

The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the.

Crossing on a cheque can be cancelled by the ________ of the cheque, under his full signature.

Bank branches which can undertake foreign exchange business directly are known as in foreign exchange.

Insurance cover for bank deposits in our country is provided by.

Loan of very small amounts given to low income groups is called.

When a banker talks about CDR, what is he talking about?

Expand the term ALM as used in Banking/Finance sector ?

Cash Reserve Ratio (CRR) and Statutory’ Liquidity Ratio (SLR) are terms most closely related to which of the following industries/ markets?

What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

What does the letter ‘L’ stands for in the term LAF commonly used in financial/economic news?

Interest payable on savings bank accounts is.

Fixed deposits and recurring deposits are.

When a bank returns a cheque unpaid, it is called.

Which of the following states became the first state in the country to launch RBI’s e-payment system for commercial tax payers?

NEFT means –

Largest shareholder (in percentage shareholding) of a nationalized bank is.

Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of.

A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as.

With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country–

What is money laundering?