True or False: Banking Quiz!

True or False: Banking Quiz!

Difficulty Level: Easy
10 Questions
2 Plays
SSarthaks2

Popular Questions InTrue or False: Banking Quiz!

1

The Reserve Bank of India (RBI) is the central bank of India.

2

ATMs can be used to withdraw money only during bank working hours.

3

The full form of NEFT is National Electronic Funds Transfer.

4

Banks provide loans but cannot accept deposits.

5

The term “KYC” stands for Know Your Customer.

6

Internet banking is also known as e-banking or online banking.

7

RTGS is used for large-value money transfers in real time.

8

Credit cards help build your credit history.

9

RBI was established in 1947.

10

Fixed Deposit (FD) accounts allow unlimited withdrawals anytime.