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Online Exam Test Demo Bank Loan Questions MCQs Solved With Answers
1. Currency notes are issued by
A. RBI (Answer)
B. NABARD
C. Public sector banks
D. Central Government
2. Coins are issued by
A. Government of India (Answer)
B. NABARD
C. Public sector banks
D. State Bank of India
3. Bank Pass Book is
A. Issued by Bank
B. Contains transaction details of Bank account
C. Shows balance in account
D. All of above (Answer)
4. Banks pays interest on
A. Deposits (Answer)
B. Loans
C. Both A & B
D. None of above
5. Bank charges interest on
A. Deposits
B. Loans (Answer)
C. Both A & B
D. None of above
6. Education Loans
A. Cover tuition fee & expenses
B. Are repayable after completion of course
C. Granted for studies in India & abroad
D. All of above (Answer)
7. Business Correspondent means
A. An agent who provides banking services (Answer)
B. An agent of business house
C. A type of money lender
D. None of above
8. Internet banking refers to
A. Operation of account through internet (Answer)
B. Opening of account through ATM
C. Both A & B
D. None of above
9. Nomination once done can
A. Not be cancelled
B. Be cancelled (Answer)
C. Not be changed
D. None of above
10. Who can open bank account ?
A. Indian citizen
B. Non Resident Indian
C. Illiterate
D. All of above (Answer)
