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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.

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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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