Basics of Banking and Insurance MCQs

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Mr. Dubey • 51.43K Points
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Q 41. RTGS stands for.........

(A) rural transactions of government services
(B) real time gross settlement
(C) recurring and term gross savings
(D) real time government service
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Mr. Dubey • 51.43K Points
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Q 42. In banking, EFT stands for......

(A) economic fund transfer
(B) electronic fund transfer
(C) economic and financial transaction
(D) entries of fund transfer
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Mr. Dubey • 51.43K Points
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Q 43. “Either of Survivor” account in a bank is............account

(A) minors account
(B) joint account
(C) saving account
(D) double account
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Mr. Dubey • 51.43K Points
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Q 44. Credit card was first time launched in the world by..........

(A) british bank
(B) bank of america
(C) hsbc
(D) sbi
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Mr. Dubey • 51.43K Points
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Q 45. Another name of credit card is.......

(A) debit card
(B) money card
(C) plastic money
(D) card money
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Mr. Dubey • 51.43K Points
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Q 46. Banking Ombudsman was established in...........

(A) 1993
(B) 1997
(C) 1995
(D) 1987
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Mr. Dubey • 51.43K Points
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Q 47. ............ is “Pay now product”

(A) debit card
(B) atm card
(C) credit card
(D) charge card
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Mr. Dubey • 51.43K Points
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Q 48. ............ is “Pay later product”

(A) debit card
(B) atm card
(C) credit card
(D) both a&b
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Mr. Dubey • 51.43K Points
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Q 49. Industrial Reconstruction Bank of India(IRBI) was established in the year

(A) 1961
(B) 1960
(C) 1985
(D) 1975
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Mr. Dubey • 51.43K Points
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Q 50. The present Governor of RBI is

(A) bimal jalan
(B) subba rao
(C) raghuram rajan
(D) rangarajan
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