MCQOPTIONS
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MCQOPTIONS
This section includes 4 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under microfinance is/are:1. Credit facilities2. Savings facilities3. Insurance facilities4. Fund Transfer facilitiesSelect the correct answer using the codes given below the lists: |
| A. | 1 only |
| B. | 1 and 4 only |
| C. | 2 and 3 only |
| D. | 1, 2, 3 and 4 |
| Answer» E. | |
| 2. |
In July 2020, which of the following payment banks has launched a 'Bhavishya' savings account for minors? |
| A. | Airtel Payments Bank |
| B. | India Post Payments Bank |
| C. | Fino Payments Bank |
| D. | Paytm Payments Bank |
| E. | NSDL Payment Bank |
| Answer» D. Paytm Payments Bank | |
| 3. |
In which year did the National Payments Corporation of India (NPCI) launch the RuPay Card? |
| A. | 2014 |
| B. | 2013 |
| C. | 2015 |
| D. | 2012 |
| Answer» E. | |
| 4. |
Headquarter of Madhya Pradesh Finance Corporation is |
| A. | Indore |
| B. | Bhopal |
| C. | Jabalpur |
| D. | Ujjain |
| Answer» B. Bhopal | |