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  • Question 1
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    A bank, which occupies a central position in the monetary and banking system of the country and has a superior financial authority, is:

  • Question 2
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    Motor insurance had its beginning in the _____________.

  • Question 3
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    The arrangement by which a bank allows his customer to borrow money up to specified limit is called as:

  • Question 4
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    Insurance is based on the principle of ______________.

  • Question 5
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    Which type of bank account is preferred by businesses for managing their daily financial transactions?

  • Question 6
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    Which banking service is a written order issued by one bank to another, directing the second bank to pay a specific sum of money to a specified beneficiary?

  • Question 7
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    Which type of digital payment allows customers to make payments directly from their bank account to the recipient's bank account electronically?

  • Question 8
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    What is the significance of E-Banking in modern banking operations?

  • Question 9
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    CWC stands for_______.

  • Question 10
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    Addition of the words___________ directs the banker to collect the cheque and credit the proceeds to the payees account.

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