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General Knowledge :: Banking Awareness

  1. Any note, which is wholly or partially, obliterated, shrunk, washed, altered or indecipherable is a/an

  2. A.

     Mutilated note

    B.

     Imperfect note

    C.

     Soiled note

    D.

     Mismatched note


  3. In India, which among the following is/are a part of Legal Tender Money?

  4. A.

     Both coins and currency notes

    B.

     Both coins and bank drafts

    C.

     Both currency notes and SDRs

    D.

     Only currency notes issued by RBI


  5. Tele banking is attracting the fancy of urban customer due to

  6. A.

     Non-availability of time to visit bank branches

    B.

     Transport bottlenecks

    C.

     Traffic Jams

    D.

     All of the above


  7. Which of the following was set up as a exclusive data communication network for banks in terms of recommendations of committee on communication network of banks?

  8. A.

     BANKNET

    B.

     SWIFT

    C.

     MICR

    D.

     None of these


  9. What is international banking?

  10. A.

     Providing of variety of financial services to the customers who are living outside their home country

    B.

     Providing of financial services to the customers who are living in home country

    C.

     Banking between two countries

    D.

     All of the above


  11. Which of the following are intermediaries are not working for Banks?

  12. A.

     Direct sales agents

    B.

     Automatic dealers

    C.

     Whole sellers

    D.

     Merchant establishments


  13. In banking services, which are the major characteristics affecting the channel selection

  14. A.

     Intangibility

    B.

     Inseparability

    C.

     Perish ability

    D.

     All of the above


  15. CBS stands for

  16. A.

     Core Banking solution

    B.

     Centralized based system

    C.

     Computer based system

    D.

     None of these


  17. What are the various facilities offered by banks through Tele banking?

  18. A.

     Balance enquiries and Transfer of funds

    B.

     Enquiries about collection or specific credits/debits transaction

    C.

     Request for statement of accounts

    D.

     All of the above


  19. What do you mean by home banking?

  20. A.

     Home banking is an extended version of tele banking.

    B.

     in home banking the customer is able to access his personal account from his home for availing a variety of services which is made available.

    C.

     home banking is availed through the customer’s personal computer attached to a telephone line and modem

    D.

     All of the above