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E - Banking

Covers electronic banking systems, digital payment methods, RBI regulations, and banking infrastructure including ATMs, internet banking, and credit cards

15 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

‘IMPS’ stands for

  1. Immediate Payment Service
  2. Internet Mobile Payment Service
  3. Interconnect Mobile Payment Service
  4. Internet Money Payment Service
  5. Interconnect Money Payment Service
Question 2 Multiple Choice (Single Answer)

Which of the following is a transmission protocol for banking information, which can be used by bank clients?

  1. EBIPS
  2. EBICS
  3. TCP/IP
  4. FTP
  5. None of these
Question 3 Multiple Choice (Single Answer)

ELPS is

  1. Electronic Local Payment System
  2. Electronic Ledger Posting System
  3. Electronic Local Payment Service
  4. Electronic Loan Payment Service
  5. None of these
Question 4 Multiple Choice (Single Answer)

Which of the following tasks cannot be performed by internet banking?

  1. Transferring of funds
  2. Payment of bills
  3. Investment purchase
  4. None of these
  5. All of the above
Question 5 Multiple Choice (Single Answer)

EDI is

  1. Electronic Documentary Information
  2. Electronic Data Interchange
  3. Electronic Digital Information
  4. Emergency Dialing Information
Question 6 Multiple Choice (Single Answer)

National BankNet is an exclusive web service for national banks. Which of the following operates this service?

  1. Comptroller of Currency
  2. Comptroller and Audit General of India
  3. Economic Advisor
  4. Reserve Bank of India
  5. None of these
Question 7 Multiple Choice (Single Answer)

SMART money is a term used for

  1. Internet Banking
  2. Credit card
  3. Bank cash
  4. Public cash
Question 8 Multiple Choice (Single Answer)

In February 2012, RBI had removed the transaction limit per customer per day on mobile banking transactions. What was the earlier transaction cap?

  1. Rs. 50,000
  2. Rs. 1,00,000
  3. Rs. 75,000
  4. Rs. 25,000
  5. Rs. 1,50,000
Question 9 Multiple Choice (Single Answer)

Which of the following banks was the first to provide Internet Banking in India?

  1. SBI
  2. HSBC bank
  3. ICICI bank
  4. Axis bank
Question 10 Multiple Choice (Single Answer)

Which of the following banks established the first ATM in world?

  1. Barclays Bank
  2. Citi Bank
  3. Hongkong and Shanghai Banking Corporation
  4. Di-Ichi-Kangyo Bank
Question 11 Multiple Choice (Single Answer)

Which of the following is considered as a valid address proof for opening a new account by RBI?

  1. Student ID card
  2. Marriage certificate
  3. Aadhaar card
  4. Ration card
  5. All of the above
Question 12 Multiple Choice (Single Answer)

What is the other name of Credit Card that is popular in banking world?

  1. PAN Card
  2. PIN Card
  3. Electronic Cheque
  4. Plastic Money
  5. None of these
Question 13 Multiple Choice (Single Answer)

Why are Credit Cards useful?

  1. Risk of carrying cash is very low
  2. It is helpful in case of contingent purchasing
  3. There is an increase in sales indirectly
  4. All the above
  5. None of the above
Question 14 Multiple Choice (Single Answer)

Which is the first public sector bank to provide ATM facility independently?

  1. State Bank of India
  2. Corporation Bank
  3. Dena Bank
  4. Bank of Baroda
  5. Punjab National Bank
Question 15 Multiple Choice (Single Answer)

Which ATM network is sponsored by Indian Banks' Association?

  1. ATM Net
  2. RBI Net
  3. SWADHAN
  4. Bank Net
  5. None of these
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