Banking and Finance

Q 1. E-payments are increased due to on line shopping.

(A) True
(B) False
(C) all
(D) none
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Q 2. Cash which is stored electronically on a microchip is called Credit Card

(A) True
(B) False
(C) all
(D) none
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Q 3. RBI was introduced first ATM machine in India?

(A) True
(B) False
(C) all
(D) none
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Q 4. …………………….is the fastest possible money transfer system through banking channel

(A) RTGS
(B) EFT
(C) ATM
(D) None of these
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Q 5. Reserve bank is the central bank of USA

(A) True
(B) False
(C) all
(D) none
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Q 6. E-banking will lead to new type of job opportunity

(A) True
(B) False
(C) all
(D) none
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Q 7. There is risk in E-banking

(A) True
(B) False
(C) all
(D) none
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Q 8. There is no competition between traditional banking and e- banking

(A) Ture
(B) False
(C) all
(D) none
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Q 9. E-banking has no disadvantages

(A) True
(B) False
(C) all
(D) none
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Q 10. Electronic money is called as E-cash money

(A) True
(B) False
(C) all
(D) none
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