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...

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 ...

 1. ATM stands for a) Any Time Money  b) Automated Teller Machine c) Automobile Trending Machine  d) Alternating Turing Machine 2. ALU is (a) Arithmetic Logic Unit (b) Array Logic Unit (c) Application Logic Unit (d) None of these  3. Phishing a) is an electronicinstrumentfor fishing b) is related to cyber crime  c) is one of the latest forms of wishing somebody  d) None of the above  4. Currently, which bank has the highest ATMs network?  a) ICICI Bank b) SBI Bank c) HDFC Bank  d) Central Bank 5. RTGS as well as NEFT uses  a) UTR Number  b) MICR   c) IFSC  d) DNS  6. What is maximum limit for an NEFT transfer per transaction?  a) No Limit  b) 1 lakh  c) 2 lakhs  d) 3 lakhs  7. Why are pay-in-slips used in Banks? a) To deposit cash or cheques into the Bank account of the account holder b) To withdraw cash or cheques into the Bank account of the account holder  c) Both of the above d) None ...