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 |
|
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 |
|
PC |
Mobile |
|
Laptop |
all |
|
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 |
|
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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