BANK MCQ Quiz Hub

E-Banking MCQ Set 1

Choose a topic to test your knowledge and improve your BANK skills

1. A cheque dated subsequent to the date of its issue is ___________.




2. A cheque date before the date of its issue is ___________.




3. A drawer can also be a _________.




4. The rate at which RBI discounts approved bill of exchange is ___________.




5. __ headed the committee on Computerization in Indian banks (1988)




6. The Word Bank has been derived from a Latin word which means _______.




7. A company who accepts demand deposit is called ___________.




8. The lien is __________.




9. One rupee notes bear the signature of ______.




10. . Small coin depot is the property of _____.




11. A Banking company whose license is cancelled may appeal to the ___.




12. Who controls credit in India?




13. RBI grants for agricultural purposes _____.




14. The apex institution in agricultural finance is______.




15. Development banks are institutions which _____.




16. IFCI was established in _____.




17. IFCI has its registered office in _______.




18. National industrial development corporation Ltd, was established in _____.




19. LIC was set up in _______.




20. ICICI was incorporated in ______.




21. Negotiable instruments are defined under ______.




22. Who is primarily liable on a promissory note?




23. A Cheque is always payable on _______.




24. A promissory note _____..




25. In a promissory note the words or order are ______.




26. Bill of exchange can be drawn payable _______.




27. Until a bill of exchange is accepted, primary liability there on is that of _____.




28. A bill of exchange is drawn for a maximum period of ____.




29. Expansion of HDFC ___________.




30. Negotiable gives to the transferee _____.




31. ________ is a dead cheque.




32. RBI refers to _________.




33. Name the person to whom the amount of the cheque is payable?




34. Which is a private bank?




35. The best suited deposit for trading community is _____.




36. A pledge can be made in respect of _____.




37. A collecting banker is given the statutory protection only when he acts as ___.




38. The law of limitation applies to a saving deposit account from the date of _____.




39. The most liquid asset is ______.




40. According to IBA the maximum period for which fixed deposits can be obtained is ______.




41. The right of set – off is nothing but a ______.




42. Discounting of bills of exchange is ____.




43. Expansion of SWIFT is ______.




44. Expansion of NEFT_______.




45. Expansion of EFT_________.




46. RTGS system works _________ days in a year




47. KYC means________.KYC means________.




48. The first bank in India to be given an ISO certificate _________.




49. The first Indian bank to open branch outside India ______.




50. RTGS means _______.




51. The committee was set up to study bank computerization under ______.




52. In which system computers are based on the centralized processing concept?




53. Customer interface is maximum at the _______ level.




54. The head office of a bank is responsible for_________.




55. The head office of a bank is responsible for_________.




56. Core banking is a __________ branch computerization model.




57. The objective of computerization in India is to _____.




58. ATMs are primarily used for performing the __________ functions.




59. In the early 1990s, which type of ATMs makes their appearance in India?




60. Expansion of ECS_________.




61. EFT is introduced by




62. How many public sector banks have EFT facility available?




63. How many scheduled commercial banks have EFT facility available?




64. How many scheduled commercial banks have EFT facility available?




65. How many centers have EFT facility available?




66. Any EFT limit on the amount of individual transaction?




67. _______ is a technology that allows you to access your bank account from a mobile device.