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28 - Overview of Banking Business
1
2
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5
1.
Which of the following is the feature of the commercial paper?
It is an additional instrument to the investing community.
It is an unsecured instrument issued in the form of promissory note.
The highly rated corporate borrowers can raise short term funds through this instrument.
All of the above
2.
Which of the following is used for International Monetary Transfer?
RTGS
NEFT
SWIFT
None of these
3.
Which of the following items is not related with e-banking?
Demand draft
ECS
SPMS
ATM
4.
What is OTP in credit card transaction?
Odd Transaction Password
Owner is Trading Pass code
One Time Password
One Time Pincode
5.
Which of the following is not the fund based business of commercial banks?
D.P. Operation
Loans
Deposits
Depositing Bills
Submit Test
These questions are 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.
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