Exam bachao

video 15 Answer any 3 out of the given 5 questions in 20 – 30 words each (2 x 3 = 6 marks) Q. 12 Nowadays a single-window system is adopted, and check-drop boxes are maintained in bank branches. Explain these and discuss their significance.  Q. 13 Distinguish between a debit card and a credit card.  Q. 14 List the functions of the front office of a bank.  Q. 15 Write a short note on the reverse repo rate.  Q. 16 State two points of difference between BR and MIBOR.  Q.12 Single window system and cheque‑drop boxes Answer: The single window system allows customers to complete multiple banking services at one counter. Cheque‑drop boxes save time, reduce queues, and ensure faster processing. Q.13 Distinguish between Debit card and Credit card Answer: A debit card withdraws money directly from the customer’s account. A credit card allows borrowing from the bank up to a limit, repayable later with interest. Q.14 Functions of Front office of bank Answer: The fr...

video 13 i. Banker Lockers are not used for keeping Question: Banker Lockers are not used for keeping  a) Cash  b) Jewellery  c) Stock certificates  d) Home Deeds Explanations: Cash : Incorrect. Cash is not recommended to be kept in lockers because lockers are meant for valuables and documents, not for storing liquid money. Jewellery : Correct usage. People commonly keep gold, diamonds, and other jewellery in lockers for safety. Stock certificates : Correct usage. Important financial papers like stock certificates can be safely stored in lockers. Home deeds : Correct usage. Property papers and deeds are often kept in lockers for security. Right Answer: a) Cash ii. State the full form WAP. Question: State the full form WAP. Explanations: WAP stands for Wireless Application Protocol . It is a standard that allows mobile devices to access information over a wireless network. Right Answer: Wireless Application Protocol iii. Upon detection of a counterfeit note a...

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 ...

    Banking class 12 (2021-2022) Answer Key - 1. C. Zoom bar 2.A.  Self management 3. B.  nodding while listening  4. B. Motivation   5. A. Recycle Bin 6.D. Writing 7. B. Letter of Credit 8.A. Phishing 9.A. Custodian 10.A 11.D.D irect selling agent 12.A. Cheque 13.B.Service 14.A.Manager 15.C. mutual fund 16.C.Bank Office  17.C. Stocks 18.A.Cashiers 19.C. National Electronic Funds Transfer 20. B. 3  months from date of the issue 21.B. Credit card 22.D 23.B 24.D. keyboard 25.A. Operation of account through internet  26.C. 27.A 28.C 29.A 30.B 31.C 32.D 33.C 34.D 35.B 36.B 37.A 38.A