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What is the full form of an ATM?

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Important Questions on Money and Banking

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What does EXT indicator on status bar of MS-Word indicate?
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Human Development Report is published by:
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............ may be defined as range of frequencies assigned to a channel.
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Which is considered to be one of the most important attributes for comparing the development of countries?
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Social Science>Economics>Money and Banking>Modern Forms of Money
Average income is:
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Social Science>Economics>Money and Banking>Modern Forms of Money
Siddhik issues a cheque of Rs 19,000 in favor of Hanush. What happens when the cheque is received and processed in Hanush’s bank?
 I. There is no change in their bank accounts.
 II. Both their bank balances increase by Rs 19,000.
 III. Siddhik’s bank balance decreases by Rs 19,000 and Hanush’s bank balance increases by the same amount.
 IV. There is no change in Siddhik’s bank balance although Hanush’s bank balance sees an increase.
 Based on the above statements which option is correct?
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Social Science>Economics>Money and Banking>Modern Forms of Money
The branch address with _____ code is printed on top of the cheque.
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Besides the size of per capita income, what other property of income is important in comparing two or more societies?
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Social Science>Economics>Money and Banking>Modern Forms of Money
_____ is medium of exchange that measures and store value.
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Social Science>Economics>Money and Banking>Modern Forms of Money
According to Economic Survey 2019, since mid-2018, what happened to rural wage growth?
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Social Science>Economics>Money and Banking>Modern Forms of Money
Name three fields where computer is used.
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Social Science>Economics>Money and Banking>Modern Forms of Money
_____(average income/disposable income) which is the total income of the country divided by its total population.
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Social Science>Economics>Money and Banking>Modern Forms of Money

Find out the per capita income level of low-income countries as per World Development Reports.

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Social Science>Economics>Money and Banking>Modern Forms of Money
Define a Cheque.
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Social Science>Economics>Money and Banking>Modern Forms of Money

A shoe manufacturer, M. Salim has to make a payment to the leather supplier and writes a cheque for a specific amount. This means that the shoe manufacturer instructs his bank to pay this amount to the leather supplier. The leather supplier takes this cheque, and deposits it in his own account in the bank. The money is transferred from one bank account to another bank account in a couple of days. The transaction is complete without any payment of cash.

Choose the correct answer.

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Social Science>Economics>Money and Banking>Modern Forms of Money
The quickest way to withdraw money from savings account is through a cheque.
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Social Science>Economics>Money and Banking>Modern Forms of Money
Fifth generation computer has _____ intelligence.
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Social Science>Economics>Money and Banking>Modern Forms of Money
The development rate of a country can be measured by which of the following parameter?
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Social Science>Economics>Money and Banking>Modern Forms of Money
A _____(cheque/demand draft) is a paper commanding the bank to pay a specific amount from the person’s account to the person in whose name it has been made.
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Social Science>Economics>Money and Banking>Modern Forms of Money
_____(Per-capita income/Disposable income) is the total income of the country divided by its total population.