08 - Types of Banking

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Types of Banking for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

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1).
What is the type of banking where banks operate only from a single branch called as?
2).
What do we call the type of banking carried out by the non-bank financial intermediaries which provide services similar to those of traditional commercial banks?
3).
What is Islamic Banking?
4).
What is the banking, where all banking operations are online, known as?
5).
What do we call the banking oriented towards mass welfare and financial inclusion of the poor?
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