Banking Awareness MCQs for Banking exams, IBPS, SBI

If the customer can do all transactions only in a branch and the branch has no online access, it is called

As a part of financial inclusion, Bank on Wheels is a banking kiosk in a mobile van which goes to various rural villages as per the predetermined schedule to provide the banking services to the rural Indians. This Vehicle Tracking through GPRS. GPRS stands for

A collection of investment tools such as stocks, shares, mutual funds, bonds, cash and so on depending on the investor's income, budget and convenient time frame. The art of selecting the right investment policy for the individuals in terms of minimum risk and maximum return is called as

Which bank has launched the country's first contact less debit and credit cards on 7 January 2015?

On 7 May 2015, RBI said with effect from September 1, 2015 all new cards issued - debit and credit, domestic and international - by banks shall be EMV chip and pin based cards. EMV stands for

Which is the first bank to get ISO certificate?

Kisan Credit Card (KCC) scheme introduced in .................. has emerged as an innovative credit delivery mechanism to meet the production credit requirements of the farmers in a timely and hassle - free manner.

To make KCC a Smart Card cum Debit Card, Government of India had constituted a Working Group under the Chairmanship of

In 2014, Competition Commission of India probed the merger between regional rural banks sponsored by Punjab National Bank and

A personal loan is a kind of unsecured loan which can be used for any purpose that the borrower deems necessary. The loan backed only by promise to repay, and for this reason the personal loan also called