Bank Flashcard

Front

What is the primary function of a bank?

Back

Providing loans and accepting deposits

Front

What does RBI stand for in the banking sector of India?

Back

Reserve Bank of India

Front

Which type of bank primarily serves rural and agricultural needs? A) Commercial Banks, B) Cooperative Banks, C) Investment Banks, D) Foreign Banks

Back

Cooperative Banks

Front

What is the full form of ATM in banking?

Back

Automated Teller Machine

Front

Which of the following is NOT a function of a commercial bank? A) Accepting deposits, B) Issuing currency notes, C) Providing loans, D) Facilitating online transactions

Back

Issuing currency notes

Front

Which banking service do you use the most?

Back

Online Banking, ATM Withdrawals, UPI Payments, Visiting the Bank Branch

Front

What is the most important factor when choosing a bank?

Back

Interest Rates on Savings, Customer Service, Online & Mobile Banking Features, Loan & Credit Card Offers