Interest is paid on current accounts at the same rate as term deposit accounts
The rate of interest on current account and savings account are the same
No interest is paid on current & saving deposits by the bank
Normally no interest is paid on current account deposits
Savings deposits are the same as current deposits
Questão 2
Questão
Banks in India normally offers additional interest rate is allowed on retail domestic term deposits of _________
Responda
Minors
Students
Senior Citizens
Persons with disability
Agricultural Labour
Questão 3
Questão
The “Banking Ombudsman” may award compensation not exceeding ₹ __________ to the complainant only in the case of complaints relating to credit card operations.
Responda
₹ 50,000
₹ 1 lakh
₹ 2 lakh
₹ 3 lakh
₹ 5 lakh
Questão 4
Questão
A banking service provided by a group of networked bank branches where customer may access his/her bank account & perform basic banking transactions from any of the member branch offices is called as __________
Responda
Premier Banking
Core Banking
Mainframe Banking
Narrow Banking
Para Banking
Questão 5
Questão
When rate of “Inflation” Increases __________
Responda
Purchasing power of money increases
Purchasing power of money decreases
Value of money increases
Purchasing power of money remains unaffected
Amount of money in circulation decreases
Questão 6
Questão
Distribution of insurance products by Banks as corporate agent is known as ______________
Responda
General Insurance
Re – Insurance
Bancassurance
Insurance Banking
Deposit Insurance
Questão 7
Questão
Upper Limit Prescribed for RTGS (Real Time Gross Settlement) transaction is ₹ ____________
Responda
₹ 1 Lakh
₹ 2 Lakh
₹ 5 Lakh
₹ 50 Lakh
No Upper Limit is prescribed
Questão 8
Questão
“Mortgage” is a ___________
Responda
Security on movable property for a loan given by a bank
Security on immovable property for a loan given by a bank
Concession on immovable property for a loan given by a bank
Facility on immovable property for a loan given by a bank
Security on immovable property for a deposit received by a bank
Questão 9
Questão
All commercial banks are required to provide ______% of their Adjusted Net Bank Credit to Priority Sectors.
Responda
15%
18%
25%
30%
40%
Questão 10
Questão
“Fixed Deposits” and “Recurrent Deposits” are also called as ______________
Responda
Demand Deposits
Flexible Deposits
Lump Sum Deposits
Term Deposits
Persistent Deposits
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