quiz

True or False: Banking Quiz!

Difficulty Level :
10 Questions

Popular Questions In True or False: Banking Quiz!

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

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

  • The full form of NEFT is National Electronic Funds Transfer.

  • Banks provide loans but cannot accept deposits.

  • The term “KYC” stands for Know Your Customer.

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

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

  • Credit cards help build your credit history.

  • RBI was established in 1947.

  • Fixed Deposit (FD) accounts allow unlimited withdrawals anytime.