Classical

Banking and Financial Institutions - Banking and Financial Institutions Questions Multiple Choice Questions

1:  

The features of the commercial paper are

A.
It is an unsecured instrument issued in the form of promissory note.
B.
The highly rated corporate borrowers can raise short term funds through this instrument.
C.
It is an additional instrument to the investing community.
D.

All of the above

 
 

Option: D

Explanation :


2:  
Which of the following is used for International Monetary Transfer?
A.

RTGS

B.

NEFT

C.

SWIFT

D.

None of these

 
 

Option: C

Explanation :


3:  

One of the items is not related with e-banking

A.

Demand draft

B.

SPMS

C.

ECS

D.

ATM

 
 

Option: A

Explanation :


4:  

What is OTP in credit card transaction?

A.

Odd Transaction Password

B.

Owner is Trading Pass code

C.

One Time Password

D.

One Time Pincode

 
 

Option: C

Explanation :


5:  

Banking ombudsman may reject the complaint

A.

immediately after receipt

B.

after hearing both parties

C.

at any stage

D.

None of the above

 
 

Option: C

Explanation :




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