quiz

Banking Basics Trivia

Difficulty Level :
10 Questions

Popular Questions In Banking Basics Trivia

  • Which of the following accounts usually earns the highest interest rate?

  • What does KYC stand for in banking?

  • Which bank service allows money to be transferred electronically between banks in India?

  • A current account is mainly opened by:

  • What happens when a loan is not repaid on time?

  • Which of the following is a function of the Reserve Bank of India (RBI)?

  • What does a credit card mainly allow you to do?

  • Which of the following instruments is used for short-term credit to businesses?

  • What does CRR (Cash Reserve Ratio) mean?

  • What is the main purpose of repo rate?