Explore topic-wise MCQs in General Awareness.

This section includes 10 Mcqs, each offering curated multiple-choice questions to sharpen your General Awareness knowledge and support exam preparation. Choose a topic below to get started.

1.

Recently introduced by National Payments Corporation of India (NPCI), the 'NACH' is a centralised [RBI Grade B 2016]

A. application processing for banks system
B. Credit appraisal system
C. Electronic clearing system
D. Core Banking system
E. None of those given options
Answer» D. Core Banking system
Discussion
2.

The first ATM was setup in Mumbai in 1987 by  [RBI Grade B 2015]

A. ICICI Bank
B. SBI
C. HDFC Bank
D. HSBC Bank
E. Citi bank
Answer» E. Citi bank
Discussion
3.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) [RBI Grade B 2013]

A. was registered as a company in Belgium
B. is a bank owned non-profit cooperative society
C. became operational in May, 1977
D. All of the above
E. None of the above
Answer» E. None of the above
Discussion
4.

The Aadhaar Enabled Payment System (AEPS) is a bank-led model that facilitates banking facilities through banking correspondents across banks. However, Aadhaar enabled basic types of banking transactions do 'not? include [IBPS PO 2013]

A. Aadhaar to Aadhaar funds transfer
B. Small overdraft facility
C. Cash withdrawal
D. Balance enquiry
E. Cash deposit
Answer» C. Cash withdrawal
Discussion
5.

First Bank to introduce ATM in India was

A. HSBC
B. SBI
C. CBI
D. PNB
E. UCO Bank
Answer» B. SBI
Discussion
6.

In addition to cash dispensing ATMs may have many services/facilities such as I. Account information II. Cash Deposit III. Regular bills payment IV. Mini/Short Statement Codes

A. I, II and III
B. II, III and IV
C. I, II, III and IV
D. II and III
E. I and IV
Answer» D. II and III
Discussion
7.

Choose the correct statement(s) regarding bank card. I. A bank card is typically a plastic card. II. Bank card performs one or more of a number of services. III. Bank card issued by a retail chain to its clients. Codes

A. I and II
B. II and III
C. I, II and III
D. I and III
E. None of these
Answer» B. II and III
Discussion
8.

The benefit of ATMs for customers

A. Provide 24 X 7 and 365 days a year service
B. Provide error free service
C. Allow privacy in transactions
D. a and b
E. All of the above
Answer» F.
Discussion
9.

Aadhaar enabled basic types of banking transactions are

A. Cash withdrawal
B. Cash deposit
C. Balance enquiry
D. a and b
E. All of these
Answer» F.
Discussion
10.

Which of the following banks has opened the country's first, 'Cash Factory' in Lucknow which will issue currency notes to all its branches and ATM in that area?

A. Bank of India
B. Bank of Baroda
C. State Bank of India
D. Union Bank of India
E. None of these
Answer» D. Union Bank of India
Discussion