In context with the various negotiable instruments in India, the bank drafts are valid for a period of __: [A]3 Months [B]6 Months [C]12 Months [D]15 Months Show...
In context with banking, the Average daily balance is a term related to__: [A]Fixed Deposits [B]Loans [C]Credit Cards [D]Current and Saving Accounts Show Answer Current and Saving Accounts...
In Banking terminology, which among the following refers to “Available credit”? [A]Total Credit limit available to a customer [B]Total Credit limit available to a customer minus current balance...
Which among the following is an asset for a bank? [A]Cash Deposits of Customers [B]Investments made by Bank’s customers in its financial Products [C]The loans disbursed by Bank...
In terms with Banking Sector, Anywhere Banking refers to __: [A]The customer can deposit/ withdraw cash at any branch other than the branch in which he holds the...
The Annual percentage yield (APY) reflecting the total amount of interest paid on __: 1. Current Account 2. Saving Account 3. Certificates of Deposits Which among the above...
In context with Banking, which among the following is the nearest meaning of Amortization? [A]Repayment of Principal and Interest [B]Repayment of Principal [C]Repayment of loan in one lump...
In terms of Banking Terminology, Affinity Card refers to __: [A]The Credit Cards that are linked to special organizations [B]The Credit Cards with zero interest rate on repayments...
In terms of lending operations of the banks, what does the acceptance letter signify? [A]That a loan has been approved by the Bank [B]That a loan has been...
In context with banking, a dormant account is a bank account in which there have not been any transactions for __: [A]1 year [B]2 years [C]3 years [D]5...
