BANKING SERVICES

Minimum and Maximum limits for RTGS

• Minimum 2 Lakhs and Maximum No limit

• Minimum 1 Lakhs and Maximum 10 Lakhs

• Minimum 1 Rupees and Maximum No limit

• Minimum 5 Lakhs and Maximum 50Lakhs

Cheque is a ___ instrument

• Paper

• Money alternative

• Negotiable

• All the Above

Full Form of ATM

• Automatic transferring MAchine

• Automated Teling Machine

• Asynchronous Transfer Mode

• Automated Teller Machine

CRISIL is a

• Controller of all financial Institutions

• Credit Rating Agencies

• Bank Rating Agencies

• Non-Banking Institution Rating Agencies

Is there any minimum and maximum cash withdrawal limit per day for Saving Account Holders?

• Yes

• No

• Maybe

• All of the Above

Who is the governor of Reserve Bank of India

• Shaktikanta Das

• Urjit Patel

• Nirmala Sitharaman

• None of the List

Which of the following statement/statements is/are correct regarding the 'Overdraft' facility of the Banks?

• Bank provides this facility to current account holders.

• Account holder can withdraw money anytime up to the provided limit.

• Account holder needs to pay interest only on borrowed amount for the period for which he took loan.

• All are Correct

In which year was the Reserve Bank of India established ?

• 1947

• 1949

• 1935

• 1952

Expand the term EMI as used in banking/finance sector?

• Easy Monthly Instalment

• Equal Monthly Investment

• Equated Mortgage Investment

• Equated Monthly Instalment

What does M in M-Banking Facility being offered by banks to their customers, stand for?

• Money

• Message

• Marginal

• Mobile Phone