Top 250+ Solved Basics of Banking and Insurance MCQ Questions Answer
Q. Area of operation of RRB comprises of
a. one or more district
b. a state
c. two or more states
d. taluk
Q. LAB stands for......
a. lead area bank
b. local area bank
c. lending and borrowing
d. leading and banking
Q. Largest bank in the world (asset wise) is.......
a. bnp paribus
b. sbi
c. german bank
d. british bank of middle east
Q. Industrial Reconstruction Bank of India(IRBI) was established in the year
a. 1961
b. 1960
c. 1985
d. 1975
Q. Credit card was first time launched in the world by..........
a. british bank
b. bank of america
c. hsbc
d. sbi
Q. “Either of Survivor” account in a bank is............account
a. minors account
b. joint account
c. saving account
d. double account
Q. In banking, EFT stands for......
a. economic fund transfer
b. electronic fund transfer
c. economic and financial transaction
d. entries of fund transfer
Q. RTGS stands for.........
a. rural transactions of government services
b. real time gross settlement
c. recurring and term gross savings
d. real time government service