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GK MCQs Section
Q. What is the full form of EMI?
Answer: Equated Monthly Installment
Notes: EMI stands for equated monthly installment. It is one part of the equally divided monthly outgoes to clear off an outstanding loan within a stipulated time frame.
This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations.
📌 Question Number: 1 in 80-Personal Loans in the above course in App.