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GK
GK Set-1
Economics
Banking System
121

Banking System MCQ (GK Set-1) with Answers

121) What is the maximum value to be stored in a prepaid card?

No limit

Rs. 10,000

Rs. 5,000

Rs. 50,000

Answer is:

Rs. 50,000

Banking System MCQ (GK Set-1) with Answers

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Related Banking System MCQ (GK Set-1) with Answers

122) Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population. The committee will be headed by ____.

Nachiket Mor

KC Chakraborty

Anand Siha

Deepak Mohanty

Answer is:

Deepak Mohanty

123) Money lent for one day is called

Call money

Notice money

Term Money

All of the above

Answer is:

Call money

124) Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ____

Reserve Bank of India

Individual Banks

Government of India

IRDA

Answer is:

Government of India

125) India’s first International Financial Services Centre opened at _____

Gujarat

West Bengal

Maharashtra

Rajasthan

Answer is:

Gujarat

Banking System MCQ (GK Set-1) with Answers

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