Money and Banking in India Class 12 MCQs Quiz Multiple Choice Questions & Answers

Money and Banking in India Class 12 MCQs questions answers

Test Your Skills in Money and Banking in India Class 12 Quiz Online

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.

Money and Banking in India Class 12 Questions with Answers

1. We should keep our savings with banks because

2. Bank does not give loan against

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

4. 100/- Rupee note is signed by

5. Aadhaar is

6. Account payee cheques can be paid

7. ATM can be used for

8. ATM means

9. ATM password should be kept in

10. ATM password to be shared only with

11. Bank charges interest on

12. Bank does not provide loans for

13. Bank draft is issued by

14. Bank having maximum number of branches in India

15. Bank Pass Book is

16. Bank provides loans for

17. Banks pays interest on

18. Business Correspondent means

19. Can illiterate person be issued Debit card?

20. Coins are issued by

21. Contents of locker are

22. Currency notes are issued by

23. Defaulter of loan means

24. E or S means

25. Education Loans

26. Fixed Deposit can

27. General Insurance relates to insurance against

28. Gold and silver ornaments should be kept in bank lockers

29. Highest denomination of currency notes issued by RBI is

30. If locker rent is not paid, Bank can

31. In Recurring Deposits,

32. Interest on FDRs is compounded on

33. Interest on Savings Bank Deposits is paid

34. Internet banking refers to

35. KYC means

36. Life insurance means

37. Loans from money lenders are

38. Maximum amount of Cheque

39. Maximum tenure of Fixed Deposit is

40. MGNREGS stands for

41. Minimum age required to open SB account in the bank

42. Mutilated notes

43. Nomination can be done in

44. Nomination once done can

45. NRI means

46. PAN means

47. PAN number is required for

48. Payment of cheque can be stopped by

49. PMJDY LIC Insurance of Rs.30,000/- is available for first time accounts opened

50. PPF means


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

Money and Banking in India Class 12 Trivia Quiz

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

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