QUIZ ON : INFORMATION TECHNOLOGY TOOLS AND NETWORK BASIS - DIGITAL FINANCIAL TOOLS AND APPLICATIONS

DIGITAL FINANCIAL TOOLS AND APPLICATIONS

00:00:00

Under PMSBY, accidental death claim is available for:

Option A. Rs.1 lac
Option B. Rs.2 lac
Option C. Rs.3 lac
Option D. None of above
True Answer B

Explanation :

Under PMSBY, accidental death claim is available for:

Question No# : 01 out of 20



ATM Means.

Option A. Any time money
Option B. Auto truck of Mahindra
Option C. Automated Teller Machine
Option D. None of above
True Answer C

Explanation :

ATM Means.

Question No# : 02 out of 20



Things kept in the locker

Option A. Only the locker holder knows
Option B. The bank knows
Option C. Both (A) and (B)
Option D. None of the above
True Answer A

Explanation :

Things kept in the locker

Question No# : 03 out of 20



PAN means

Option A. A kind of utensil
Option B. Primary Account Number
Option C. Permanent Account Number
Option D. None of above
True Answer C

Explanation :

PAN means

Question No# : 04 out of 20



What does the bank take interest on?

Option A. Saving Account
Option B. Fix Deposit
Option C. Current Account
Option D. Loan
True Answer D

Explanation :

What does the bank take interest on?

Question No# : 05 out of 20



IMPS stand for Immediate Payment Service

Option A. TRUE
Option B. FALSE
Option C.
Option D.
True Answer A

Explanation :

IMPS stand for Immediate Payment Service

Question No# : 06 out of 20

PAN number is required for

Option A. Deposits less than Rs.50,000/-
Option B. Deposits in excess of Rs.1 lac
Option C. Deposits Rs.50,000/- & above
Option D. All transactions
True Answer C

Explanation :

PAN number is required for

Question No# : 07 out of 20



What is the charge for transfer between ₹ 200000 to ₹ 500000?

Option A. 25
Option B. 15
Option C. 5
Option D. 20
True Answer A

Explanation :

What is the charge for transfer between ₹ 200000 to ₹ 500000?

Question No# : 08 out of 20



Today most financial transactions involve paper documents.

Option A. TRUE
Option B. FALSE
Option C.
Option D.
True Answer B

Explanation :

Today most financial transactions involve paper documents.

Question No# : 09 out of 20



Nomination once done can

Option A. Not be cancelled
Option B. Be cancelled
Option C. Not be changed
Option D. None of above
True Answer B

Explanation :

Nomination once done can

Question No# : 10 out of 20



TDS means

Option A. Time Deposit Scheme
Option B. Total Deposit Scheme
Option C. Tax Deducted at Source
Option D. None of above
True Answer C

Explanation :

TDS means

Question No# : 11 out of 20



AEPS Full form… ?

Option A. Aadhaar Enabled Payment System
Option B. Aadhaar Electronic Payment System
Option C. Advanced Enable Payment system
Option D. None
True Answer A

Explanation :

AEPS Full form… ?

Question No# : 12 out of 20



What is the full form of KYC?

Option A. Keep your customers cool
Option B. Keep your cool
Option C. Know your customers
Option D. Know your credit
True Answer C

Explanation :

What is the full form of KYC?

Question No# : 13 out of 20



What is the full form of S in UPI reference PSP?

Option A. Service
Option B. Saving
Option C. Sending
Option D. None
True Answer A

Explanation :

What is the full form of S in UPI reference PSP?

Question No# : 14 out of 20



Internet banking refers to

Option A. Operation of account through internet
Option B. Opening of account through ATM
Option C. Both (a) & (b)
Option D. None of above
True Answer A

Explanation :

Internet banking refers to

Question No# : 15 out of 20



Currency notes are issued by

Option A. RBI
Option B. NABARD
Option C. Public sector banks
Option D. Central Government
True Answer A

Explanation :

Currency notes are issued by

Question No# : 16 out of 20



Aadhar is-

Option A. 12 digit number card
Option B. None of the options
Option C. Both 12 digit number card & Identity proof issued by UIDAI
Option D. Identity proof issued by UIDAI
True Answer C

Explanation :

Aadhar is-

Question No# : 17 out of 20



What is the full form of IMF?

Option A. Internet money fund
Option B. International Money Fund
Option C. International Monetary Fund
Option D. None of these
True Answer C

Explanation :

What is the full form of IMF?

Question No# : 18 out of 20



IFSC is an eleven digit code is mandatry for transfer of fund through NEFT & RTGS

Option A. TRUE
Option B. FALSE
Option C.
Option D.
True Answer A

Explanation :

IFSC is an eleven digit code is mandatry for transfer of fund through NEFT & RTGS

Question No# : 19 out of 20

Maximum amount of Cheque

Option A. Rs.100 crore
Option B. No limit
Option C. Rs.1 crore
Option D. None of above
True Answer B

Explanation :

Maximum amount of Cheque

Question No# : 20 out of 20




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