FinO Magnet

In which year did the first internet banking service become available in India? And which bank offered it?

• 2005 - Citibank

• 2000 - HDFC Bank

• 2002 - SBI

• 1996 - ICICI Bank

What term refers to the use of blockchain technology in financial transactions?

• Cryptocurrency

• Smart contracts

• Decentralised finance (DeFi)

• All of the above

What does the term “bull market” signify in the stock market?

• A market with declining prices

• A market with increasing prices

• A market with no significant price changes

• A market with high volatility

What is the purpose of a stop-loss order?

• To buy a stock at a lower price than the current market value.

• To limit losses by selling a stock if its price drops to a specified level.

• To take advantage of potential price increases in a volatile market.

• To purchase a stock automatically when it reaches a certain price level.

Which bank has the highest Market Cap, in the global market?

• Bank of America

• JPMorgan Chase & Co

• HSBC

• Industrial and Commercial Bank of China