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  • Indian Money Market – Structure and Features

    Here are some MCQs on Indian Money Market – Structure and Features 1. Which of the following is not a component of the Indian money market? a) Commercial banks b)...
  • Internet & Mobile Banking

    Here are some MCQs on Internet & Mobile Banking 1. What is Internet banking? a) A branch of physical banks b) Banking services over the internet c) Banking services over...
  • BHIM and UPI

    Here are some MCQs on BHIM and UPI 1. What does BHIM stand for? a) Bharat Money b) Better Handling of Indian Money c) Bharat Interface for Money d) Bank...
  • Bharat Bill Payment System (BBPS)

    Here are some MCQs on Bharat Bill Payment System (BBPS) 1. What is the full form of BBPS? a) Bharat Bill Payment System b) Bank Bill Payment System c) Bharat...
  • NEFT, RTGS and IMPS

    Here are some MCQs on NEFT, RTGS and IMPS 1. NEFT stands for: a) National Electronic Funds Transfer b) National Electronic Financial Transaction c) National Electronic Funds Transaction d) None...
  • Payment and Settlement Systems Act, 2007

    Here are some MCQs on Payment and Settlement Systems Act, 2007 1. When did the Banking Payment and Settlement Systems Act, 2007 come into effect? a) 2005 b) 2006 c)...
  • Payment Systems

    Here are some MCQs on Payment Systems 1. Which of the following is not a type of payment system? a) E-money b) Debit card c) Credit card d) Gift card...
  • Technology in Remittance

    Here are some MCQs on Technology in Remittance 1. What is the purpose of banking technology in remittance? a) To facilitate faster and more secure international money transfers b) To...
  • Methods of Remittance

    Here are some MCQs on Methods of Remittance 1. Which of the following is NOT a banking method of remittance? a) Wire transfer b) Demand draft c) Cashier’s check d)...
  • Concepts Related to Negotiable Instruments

    Here are some MCQs on Concepts Related to Negotiable Instruments 1. Which of the following is not a negotiable instrument? a) Cheque b) Promissory Note c) Bill of Exchange d)...
  • Various Negotiable Instruments

    1. The payment made through a cheque is known as: a) Cash payment b) Online payment c) Electronic payment d) Cheque payment 2. Which of the following is not a...
  • Various Saving Schemes and Products

    Here are some MCQs on Various Saving Schemes and Products 1. Which of the following is NOT a type of savings account? a) High-yield savings account b) Certificate of deposit...
  • Banking Ombudsman Scheme

    Here are some MCQs on Banking Ombudsman Scheme 1. Who is the final authority for appointing the Banking Ombudsman in India? a) Reserve Bank of India b) Ministry of Finance...
  • ATMs

    Here are some MCQs on ATMs 1. What does ATM stand for? a. Automated Teller Machine b. Advanced Transaction Machine c. Automatic Transaction Module d. All-Time Money 2. Who is...
  • Self-Help Groups

    Here are some MCQs on Self-Help Groups 1. What is the purpose of a Self-Help Group (SHG) in the banking sector? a) To provide low-interest loans to its members b)...
  • Financial Inclusion

    Here are some MCQs on Financial Inclusion 1. What is financial inclusion? a) Providing easy access to financial services to all individuals b) Excluding certain individuals from accessing financial services...
  • Lead Bank Scheme

    Here are some MCQs on Lead Bank Scheme 1. Which agency started the Lead Bank Scheme in India? a) Reserve Bank of India b) Ministry of Finance c) Indian Banks’...
  • Payment of Pension to Government Pensioners

    Here are some MCQs on Payment of Pension to Government Pensioners 1. The payment of pension to government pensioners is governed by which act? a) Pension Act, 1871 b) Pension...
  • Credit to Micro, Small and Medium Enterprises

    Here are some MCQs on Credit to Micro, Small and Medium Enterprises 1. What is the maximum loan amount that can be availed by micro enterprises under the Credit to...
  • Micro Credit and Micro Finance

    Here are some MCQs on Micro-Credit and Micro-Finance 1. What is the main objective of micro-credit? a) To provide small loans to low-income individuals b) To promote economic development in...
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