MCQ quiz on Money and Banking in India Class 12 multiple choice questions and answers on Money and Banking MCQ questions on Money and Banking in India Class 12 objectives questions with answer test pdf for interview preparations, freshers jobs and competitive exams. Professionals, Teachers, Students and Kids Trivia Quizzes to test your knowledge on the subject.

Money and Banking in India Class 12 Quiz Question with Answer

1. We should keep our savings with banks because

  1. It is safe
  2. Earns interest
  3. Can be withdrawn anytime
  4. All of above

2. Bank does not give loan against

  1. Gold Ornaments
  2. LIC policy
  3. Lottery ticket
  4. NSC

3. ..............are not covered under PMJDY Life Insurance Scheme of Rs.30,000/-

  1. Employees of Central / State Govt. / Public Sector Undertakings / Banks
  2. Income Tax Payee
  3. Aam Aadmi Bima Yojana beneficiaries
  4. All of above

4. 100/- Rupee note is signed by

  1. Prime Minister
  2. Finance Minister
  3. RBI Governor
  4. None of above

5. Aadhaar is

  1. 12 digit number card
  2. Identity proof issued by UIDAI
  3. Both a and b
  4. None of above

6. Account payee cheques can be paid

  1. At cash counter of Bank
  2. At ATM
  3. By deposit in Bank account
  4. None of above

7. ATM can be used for

  1. Cash withdrawal
  2. Account enquiry
  3. Statement of account
  4. All of above

8. ATM means

  1. Any Time Money
  2. Auto Truck of Mahindra
  3. Automated Teller Machine
  4. None of above

9. ATM password should be kept in

  1. Personal diary
  2. Office diary
  3. Memory
  4. All of above

10. ATM password to be shared only with

  1. Spouse
  2. Obedient son
  3. Obedient daughter
  4. None of above

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Multiple Choice Questions and Answers on Money and Banking in India Class 12

Money and Banking in India Class 12 Multiple Choice Questions and Answers

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Money and Banking in India Class 12 Question and Answer PDF Online

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