Top 50+ Solved Technology in Banking MCQ Questions Answer
Q. The amount is instantly credited to the account of the customer in -----
a. ATM
b. EFT
c. CDM
d. None of these
Q. Virtual banking is also called -----
a. Internet Banking
b. Home banking
c. Mobile banking
d. None of these
Q. ------- is based on the voice processing facility available with the bankcomputers.
a. Internet Banking
b. Tele Banking
c. Mobile Banking
d. All
Q. ------bank can accept deposit only ,but cannot lend .
a. Consortium Bank
b. Payment Bank
c. Small Finance Bank
d. None of these
Q. ------- Banks can issue ATM Debit cards but no Credit cards.
a. Payment Bank
b. Consortium Bank
c. Small Finance Bank
d. None of these
Q. ------- banks accept deposits but customer balance should not exceed Rs.1 lakh
a. Small Finance Bank
b. Consortium Bank
c. Payment Bank
d. None of these.
Q. ------ is to perform lending activities among weaker sections of thecommunity.
a. Small Finance Bank
b. Consortium Bank
c. Payment Bank
d. All
Q. ----- are norms for banks aimed at mitigating the risk and strengthening thecapital structure of the banks of member countries.
a. IRAC rules
b. BASEL norms
c. Capital Adequacy Norms
d. None of these
Q. To strengthen the capital base of banks RBI laid down -------
a. IRAC rules
b. BASEL norms
c. Capital Adequacy Norms
d. None of these
Q. For providing transparency in accounting and reporting procedures of banks ---- are introduced in 1992
a. IRAC rules
b. BASEL norms
c. Capital Adequacy Norms
d. None of these
Q. ------ banking refers to the use of technology and communication systems indelivering banking products and services to customers.
a. Hi-tech banking
b. Virtual banking
c. PC
d. Home banking.
Q. Which of the following is known as plastic money
a. Credit card
b. Debit card
c. None of these
d. Both of these