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Banking unit3

Authored by Pavi Thra

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University

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Banking unit3
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does CASA stand for in banking?

Credit and Saving Account

Current and Savings Account

Cash and Saving Account

Central and Savings Account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of account is suitable for businesses for frequent transactions?

Fixed Deposit

Recurring Deposit

Savings Account

Current Account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which type of deposit account is money deposited for a fixed tenure at a fixed interest rate?

Recurring Deposit

Current Account

Fixed Deposit

CASA Account

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jan Dhan Yojana was launched in which year?

2010

2012

2014

2015

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum balance limit for Jan Dhan accounts?

₹50,000

₹1,00,000

₹10,000

No limit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

KYC stands for:

Know Your Code

Know Your Credit

Know Your Customer

Know Your Currency

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which document is not typically accepted for KYC?

Aadhaar

PAN Card

Electricity Bill

Library Card

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