CUET 2025 MCQ Quiz on Banking Apps – Objective Question Answers on Banking Apps

Banking Apps MCQs – Get MCQ Quiz on Banking Apps. Multiple Choice Questions (MCQs) Questions on Banking Awareness are asked in many competitive exams in their General Knowledge Section. Here we have compiled the MCQ Question on Banking Apps launched by various banks. Practice MCQ Quiz on Banking Apps

1. For credit cards, the MDR varies between
a.
b.
c.
d.

2. A 'Debit Card' is issued by a bank to
a.
b.
c.
d.

3. The ATMs which are set up, owned and operated by non-banks are called
a.
b.
c.
d.

4. KYC means
a.
b.
c.
d.

5. Bank does not provide loans for
a.
b.
c.
d.

6. Can an illiterate person be issued a debit card?
a.
b.
c.
d.

7. ATM password should be kept in
a.
b.
c.
d.

8. What is the name given to the online payment services that all internet banking customers can use?
a.
b.
c.
d.

9. Banks and other institutions have issued debt and credit cards, the purpose of both are
a.
b.
c.
d.

10. What amount does a bank have to pay to customers for delays in re-crediting the amount beyond 7 working days in case of a failed ATM transaction?
a.
b.
c.
d.

11. E-commerce is increasingly becoming a popular mode of doing business. What is this way of operating?
a.
b.
c.
d.

12. Which payment mode is used for making bulk payment of amounts?
a.
b.
c.
d.

13. Real time gross settlement benefits
a.
b.
c.
d.

14. All Inter-Bank Funds Transfer System, where funds are transferred as and when the transactions are triggered, is called
a.
b.
c.
d.

15. The best alternative banking service to branch banking to be the part of financial inclusion?
a.
b.
c.
d.

16. Who can open a bank account?
a.
b.
c.
d.

17. Which is the card that looks like any other plastic card or an ATM card with Integrated Circuit (IC chip)?
a.
b.
c.
d.

18. In E-commerce what is meant by B2B?
a.
b.
c.
d.

19. Opening of maximum number of ATMs is an example of
a.
b.
c.
d.

20. Internet banking refers to
a.
b.
c.
d.

21. 'Smart Money' is a term used for
a.
b.
c.
d.

22. Bank draft is issued by
a.
b.
c.
d.

23. Which cryptocurrency has hit its highest level in 3 years following India's demonetisation?
a.
b.
c.
d.

24. Interest on Savings Bank Deposits is paid
a.
b.
c.
d.

25. Telebanking service is based on
a.
b.
c.
d.