Q. E-payments are increased due to on line shopping.
✅ Correct Answer: (A)
True
Banking and Finance MCQs and Notes
Q. Cash which is stored electronically on a microchip is called Credit Card
✅ Correct Answer: (A)
True
Q. RBI was introduced first ATM machine in India?
✅ Correct Answer: (B)
False
Q. …………………….is the fastest possible money transfer system through banking channel
✅ Correct Answer: (A)
RTGS
Q. Reserve bank is the central bank of USA
✅ Correct Answer: (A)
True
Q. E-banking will lead to new type of job opportunity
✅ Correct Answer: (A)
True
Q. There is no competition between traditional banking and e- banking
✅ Correct Answer: (B)
False
Q. Electronic money is called as E-cash money
✅ Correct Answer: (B)
False