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11th Standard Commerce Functions of Commercial banks English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Electronic banking can be done through

    (a)

    Computers

    (b)

    Mobile Phones

    (c)

    ATM

    (d)

    All of the above

  2. The largest commercial bank of India.

    (a)

    ICICI

    (b)

    SBI

    (c)

    PNB

    (d)

    RBI

  3. Which of the following is not a type of advance provided by the commercial bank?

    (a)

    Collection and Supplying Business information

    (b)

    Overdraft

    (c)

    Cash Credit

    (d)

    Discounting of Bills

  4. Time Deposits are also called as

    (a)

    Demand Deposits

    (b)

    Term Deposits

    (c)

    Government Deposits

    (d)

    Bank Deposits

  5. Current Account is normally opened by

    (a)

    Salaried People

    (b)

    Business People

    (c)

    Students

    (d)

    All of these

  6. A customer can withdraw money through cheque at any branch of the bank throughout the world is.

    (a)

    Mobile Banking

    (b)

    CORE Banking

    (c)

    Electronic Clearing Services

    (d)

    All of them

  7. Pre - mature withdrawal of cash allowed only for.

    (a)

    Fixed Deposit Account

    (b)

    Recurring Deposit Account

    (c)

    Both (a) & (b)

    (d)

    None

  8. _______ Documents have been notified by the Government of India as 'Officially Valid Documents' for proof of identity

    (a)

    Four

    (b)

    Five

    (c)

    Six

    (d)

    Seven

  9. To identify the bank branch banks use______ digit alphanumeric code

    (a)

    11

    (b)

    12

    (c)

    10

  10. ________ cards services were launched in March 2012 by the National Payments Corporation of India.

    (a)

    VISA

    (b)

    Maestro

    (c)

    Credit

    (d)

    RuPay

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