banking gk Practice Question and Answer

Q:

When was the currency system in India converted into decimal system?

1627 0

  • 1
    1st April 1949
    Correct
    Wrong
  • 2
    1st April 1959
    Correct
    Wrong
  • 3
    1st April 1957
    Correct
    Wrong
  • 4
    1st April 1969
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "1st April 1957"

Q:

The process of remitting foreign money to a country is called ______

829 0

  • 1
    Inward Remittance
    Correct
    Wrong
  • 2
    Foreign Remittance
    Correct
    Wrong
  • 3
    Commercial banking
    Correct
    Wrong
  • 4
    Wholesale banking
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Inward Remittance"

Q:

If a cheque is presented for payment after six months from the date of the cheque it is called ______

914 0

  • 1
    Bearer Cheque
    Correct
    Wrong
  • 2
    Order Cheque
    Correct
    Wrong
  • 3
    Open Cheque
    Correct
    Wrong
  • 4
    Stale Cheque
    Correct
    Wrong
  • 5
    Mutilated Cheque
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Stale Cheque"

Q:

_________ is a cheque written by the drawer(payer) for a date in the future.

934 0

  • 1
    Bearer Cheque
    Correct
    Wrong
  • 2
    Anti-Dated Cheque
    Correct
    Wrong
  • 3
    Open Cheque
    Correct
    Wrong
  • 4
    Post-Dated Cheque
    Correct
    Wrong
  • 5
    Crossed Cheque
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Post-Dated Cheque"

Q:

Which of the following is a fraud investigating agency in India?

914 0

  • 1
    NEFT
    Correct
    Wrong
  • 2
    IMPS
    Correct
    Wrong
  • 3
    SWIFT
    Correct
    Wrong
  • 4
    MZM
    Correct
    Wrong
  • 5
    SFIO
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 5. "SFIO"

Q:

The upper limit per UPI transaction is __________.

867 0

  • 1
    10000
    Correct
    Wrong
  • 2
    20000
    Correct
    Wrong
  • 3
    50000
    Correct
    Wrong
  • 4
    1 lakh
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "1 lakh"

Q:

BHIM Stands for _______

1076 0

  • 1
    Bharat Interface for Money
    Correct
    Wrong
  • 2
    Bharat Heavy Interface for Money
    Correct
    Wrong
  • 3
    Bharat Heavy Interface Money
    Correct
    Wrong
  • 4
    Bharat High Interface for Money
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Bharat Interface for Money"

Q:

Which of the following is an example of Representative Money?

798 0

  • 1
    Gold
    Correct
    Wrong
  • 2
    Silver
    Correct
    Wrong
  • 3
    Tobacco
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
  • 5
    All of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 5. "All of these"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully