Q. RTGS stands for.........
✅ Correct Answer: (B)
real time gross settlement
Basics of Banking and Insurance MCQs and Notes
Q. In banking, EFT stands for......
✅ Correct Answer: (B)
electronic fund transfer
Q. “Either of Survivor” account in a bank is............account
✅ Correct Answer: (B)
joint account
Q. Credit card was first time launched in the world by..........
✅ Correct Answer: (B)
bank of america
Q. Another name of credit card is.......
✅ Correct Answer: (C)
plastic money
Q. Banking Ombudsman was established in...........
✅ Correct Answer: (C)
1995
Q. ............ is “Pay now product”
✅ Correct Answer: (A)
debit card
Q. ............ is “Pay later product”
✅ Correct Answer: (C)
credit card
Q. Industrial Reconstruction Bank of India(IRBI) was established in the year
✅ Correct Answer: (C)
1985
Q. The present Governor of RBI is
✅ Correct Answer: (C)
raghuram rajan