Banking and Finance (Bank-PO General-Awareness): Questions 228 - 234 of 620

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Question number: 228

» Banking and Finance

Appeared in Year: 2014

MCQ▾

Question

What is Bank Card?

Choices

Choice (4) Response
a.

Plastic card

b.

Debit Cards

c.

Credit Cards

d.

Prepaid Cards

Question number: 229

» Banking and Finance

MCQ▾

Question

RBI has notified the increase in deposit money under PPF to ________ lakh rupees from 1 lakh rupees.

Choices

Choice (4) Response
a.

1.7 lakh

b.

2.5 lakh

c.

1.5 lakh

d.

3.5 lakh

Question number: 230

» Banking and Finance

Appeared in Year: 2014

MCQ▾

Question

Finance Ministry is planning to double the Banks’ commission for DBT scheme from 1 % to ________.

Choices

Choice (4) Response
a.

1.5%

b.

3%

c.

6%

d.

2%

Question number: 231

» Banking and Finance

MCQ▾

Question

Which among the following statements is incorrect in the context of IMPS?

Choices

Choice (4) Response
a.

It’s a mobile-to-mobile fund transfer facility

b.

Both the sender and the receiver must have an account in the same bank

c.

For this facility we need a GPS-enabled mobile phone

d.

Both the customers must have an MMID (Mobile Money Identifier Number) number

Question number: 232

» Banking and Finance

MCQ▾

Question

Which of the following comes under the purview of E-banking?

Choices

Choice (4) Response
a.

All of the above

b.

Debit cards

c.

Credit cards

d.

Phone banking

Question number: 233

» Banking and Finance

MCQ▾

Question

Which of the following is a non-depository institution?

Choices

Choice (4) Response
a.

Mutual Funds

b.

Regional Rural Bank

c.

Credits Unions

d.

Commercial Banks

Question number: 234

» Banking and Finance

MCQ▾

Question

What time RTGS service window is available?

Choices

Choice (4) Response
a.

9.00 hours to 14: 00 hours on Saturdays

b.

9.00 hours to 16.30 hours on week days

c. Both a. and b. are correct
d. None of the above

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