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Quiz On Finance

FOR BEGINNERS

Multiple Choice— Select the option that best completes the sentence or provides the answer to the question.

PAN means
1. A kind of utensil
2. Primary Account Number
3. Permanent Account Number
4. None of above


Education Loans
1. Cover tuition fee & expenses
2. Are repayable after completion of course
3. Granted for studies in India & abroad
4. All of above


Can illiterate person be issued Debit card?
1. No
2. Only in case of joint account
3. Only in case he is head of family
4. Yes


NEFT stands for
1. National Electric Fund Transfer
2. National Electronic Fund Transfer
3. National Electrical Fund Transfer
4. None of Above


RTGS stands for
1. Real Time Gross Settlement
2. Ready Time Gross Settlement
3. Ready Time Grocery Settlement
4. None of Above


KYC means
1. Know your customer
2. Know your character
3. Both of above
4. None of above


What is RuPay Debit Card?
1. Domestic debit card
2. Introduced by National Payments Corporation of India
3. Accepted at all ATMs & PoS machines
4. All of above


ATM password to be shared only with
1. Spouse
2. Obedient son
3. Obedient daughter
4. None of above


Internet banking refers to
1. Operation of account through internet
2. Opening of account through ATM
3. Both (1) & (2)
4. None of above


In Recurring Deposits,
1. a fixed sum is deposited every month
2. period of deposit is a fixed tenure
3. interest is paid at FDR rate
4. All of above

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