Q. CTS refers to ………..
✅ Correct Answer: (A)
Cheque Truncation System
Banking and Finance MCQs and Notes
Q. SWIFT stands for ……………..
✅ Correct Answer: (D)
Solution for Worldwide Interbank Financial Telecommunications
Q. RTGS stands for ……………
✅ Correct Answer: (A)
Real Time Gross Settlement
Q. IFSC stands for …………..
✅ Correct Answer: (A)
Indian Financial System Code
Q. ----------------- insurance policy pay the assured sum on maturity of the policy or on the death of the insured whichever is ealier
✅ Correct Answer: (D)
Life insurance
Q. -----------------------insurance is a cash value policy that provides life time protection by paying a lump sum death benefits.
✅ Correct Answer: (D)
Life insurance
Q. ----- is the deliberate attempt by the RBI to influence the volume of available in the country.
✅ Correct Answer: (B)
Open Market Operations
Q. ------- is the deliberate attempt by the central bank to influence the volume of credit available in the country.
✅ Correct Answer: (A)
OMO