Minimum how much amount can be transferred through RTGS?

(a)

Any Amount

(b)

50,000

(c)

2 Lakhs

(d)

5 Lakhs

Overdraft facility is available for ___________

(a)

Savings Bank Account

(b)

Fixed Deposit

(c)

Current Account

(d)

Recurring Deposit

Which one of the following is not a primary function of Commercial Banks?

(a)

Accepting Deposits

(b)

Lending Money

(c)

Safety Locker Facilities

(d)

None of these

A Credit card is a _________

(a)

Bill of Exchange

(b)

Promising note

(c)

a credit instrument

(d)

a cheque

Salary account of an employee is a ____________

(a)

Saving Account

(b)

Fixed Deposit Account

(c)

Recurring Deposit Account

(d)

Current Account

Maintenance of minimum balance in Savings Acount is ____________

(a)

Compulsory

(b)

Not compulsory

(c)

Optional

(d)

None

Expand FDR______

(a)

Fixed Deposit Receipt

(b)

Flexible Deposit Receipt

(c)

Fixed Deposit Rate

(d)

Fixed Deposit Ratio

The secured credit facility given mostly to business institutions are known as______

(a)

Overdraft

(b)

Loan

(c)

Advances

(d)

Cash credit

The primary functions of a commercial bank are of ________ types.

(a)

one

(b)

two

(c)

three

(d)

four

Electronic Clearing Services (ECS) was launched by the RBI in ___________.

(a)

1995

(b)

1998

(c)

1990

(d)

1991