Banking awareness quiz 17

Banking awareness quiz
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Q 1)CORE Banking Solution enables Customers to operate their accounts, and avail banking services from any branch of the Bank ,What is the full form of CORE ?

Centalized online rate exchange

Centralised online real time exchange

Core online real time exchange

Centalized onnet real time exchange

Q 2)In banking business ,when the borrowers avail a term loan ,initially they given repayment holiday it is known as _________ ?

Amortization
mortgauge
moratorium
teaser time

Q 3) Choose the different from the following ?

agricultural Loan
overdraft
cash credit
credit cards

Q 4)Which of the following is false ?

The selling of life insurance and other insurance products and services by banks is known as Bancassurance

Repo rate always less than reverse repo rate

The rate at which Commerical banks lends money to RBI is known as Reverse repo rate

Repo rate always greater than reverse repo rate

Q 5) Which bank has introduced first talking ATM in india ?

United Bank of India
State bank of inida
Union Bank of India
Andhra bank

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