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MCQs Banking, E. Banking

A unique effort by “zeatutor”

For the first time   , MCQs of  Banking & Finance

The multiple-choice questions of banking and finance are not regularly available on any channel or any site for which the students feel a lot of trouble. We decided to take the time out of our busy schedule to try to make it easier for the students as well as to secure their future.

Encourage us to share, like, follow and subscribe to all our channels. Thanks.

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Banking & Finance

ELECTRONIC BANKING

·        Electronic Banking refers to

Internet Banking

E. Banking

Online Banking

all

·        We can withdraw money by using:

ATM Card

Debit Card

Both

None

 ·        ATM stands for

All Time Money

Auto Teller Money

Automated Teller Machine

Automatic Teller Machine

·        These are instruments of E. Banking:

ATM

Credit Card

Debit Card

all

·         E. Banking saves our:

Time

Labour

Both

none

 ·        For E. Banking, we can use:

PC

Mobile

Laptop

all

 ·        E. Banking has made easy

Transactions

Transfer of funds

Both

none

·        We have to line up to withdraw money in:

Online Banking System

Old Banking System

 

Both

none

·        We can pay our utility bills at home because of

Internet

Mobile

laptop

none

·        This is the disadvantage of electronic banking.

Fraud

Rediscounting of bill 

More expenses

all

·        There are more chances in E. Banking of

Theft

Fraud

Leakage of information

all 

·        What is need to sue ATM machine?

PIN code

Mobile

Both

none 

 ·        We can withdraw money by using:

ATM card

Debit Card

none

both

·        It is used to withdraw money only

ATM card

Debit Card

Credit card

all

·        It is used for withdrawing money and pay our bill through:

ATM card

Debit Card

 

Credit card

all

 

 

·        ATM card is used to

Draw money

Deposit money 

Use money

Increase money

·        Debit card is used to

Draw money

Pay bills 

Transfer money

all

·        E. Banking is

bank

system

information

all 

·        We can now withdraw money

At any time

At any where

From any city

all

·        E. Banking system is run by

internet

World bank

IMF

Central bank


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