EASY
IDBI Assistant Manager
IMPORTANT
Earn 100

Which one of the following links all the ATMs in India?
(a)Indian banks' Association
(b)National Securities Depository Limited
(c)National Payments Corporation of India
(d)Reserve Bank of India

50% studentsanswered this correctly

Important Questions on Money and Banking
EASY
IDBI Assistant Manager
IMPORTANT
Which one of the following best describes the term "Merchant Discount Rate" sometimes seen in news?

MEDIUM
IDBI Assistant Manager
IMPORTANT
Which one of the following statements correctly describes the meaning of legal tender money?

EASY
IDBI Assistant Manager
IMPORTANT
Consider the following statements:
1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
2. CAR is decided by each individual bank.
Which of the statements given above is/are correct?

MEDIUM
IDBI Assistant Manager
IMPORTANT
Concerning digital payments, consider the following statements:
. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.
. While a chip-pin debit card has four factors of authentication, the BHIM app has only two factors of authentication.
Which of the statements given above is/are correct?

EASY
IDBI Assistant Manager
IMPORTANT
Which of the following is not included in the assets of a commercial bank in India?

EASY
IDBI Assistant Manager
IMPORTANT
The money multiplier in an economy increases with which one of the following?

EASY
IDBI Assistant Manager
IMPORTANT
What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?

EASY
IDBI Assistant Manager
IMPORTANT
The Service Area Approach was implemented under the purview of
