Banking class 12 Sample question paper 2025-26 mcq
banking class 12 mcq Q.2 (i) Which mode of Funds transfer takes longest time to transfer money to the payee? a. Cheque b. NEFT c. RTGS d. ECS Answer: a. Cheque Explanation of Options: Cheque: Takes the longest time because it requires physical clearing. Correct answer. NEFT: Electronic transfer, usually within hours. RTGS: Real-time transfer, immediate settlement. ECS: Electronic Clearing System, faster than cheque. Q.2 (ii) _____ is the name of process of converting black money to white money. a. Foreign exchange b. Laundering c. Money laundering d. Demonetization Answer: c. Money laundering Explanation of Options: Foreign exchange: Currency conversion, not related to black money. Laundering: General cleaning process, incomplete term. Money laundering: Correct answer, process of making illegal money appear legal. Demonetization: Withdrawal of currency notes, not conversion of black money. Q.2 Q.2 (iii) The _____ cabin has to be as far away as ...