CCC Question Answers MCQs on Financial Literacy in English Solved Sample Model Question n Paper with answers or Practice Set
- Mutilated notes
a) should be burnt away
b) should be thrown away
c) can be exchanged at Bank
d) None of above
- ATM can be used for
a) Cash withdrawal
b) Account enquiry
c) Statement of account
d) All of above
- Upon detection of a counterfeit note at the counter, Bank
a) Returns the note to the customer
b) Exchange with a genuine Note
c) Deposit in Account
d) Impound the Note and issue receipt
- Fixed Deposit can
a) not be withdrawn before maturity
b) paid only after maturity
c) withdrawn before maturity
d) All of above
- Interest on FDRs is compounded on
a) Monthly basis
b) Quarterly basis
c) Half yearly basis
d) Yearly basis
- Contents of locker are
a) only known to hirer
b) known to Bank
c) Both (a) & (b)
d) None of above
- If locker rent is not paid, Bank can
a) seal the locker
b) stop operation of locker
c) break open the locker after giving suitable notice
d) All of above
- MGNREGS stands for
a) Mahatma Gandhi National Rural Employment Generation Scheme
b) Mahatma Gandhi Nutrition & Rural Employment Generation Scheme
c) Mahatma Gandhi National Rural Employment Guarantee Scheme
d) None of above
- Maximum tenure of Fixed Deposit is
a) 5 years
b) 7 years
c) 8 years
d) 10 years
- What is RuPay Debit Card?
a) Domestic debit card
b) Introduced by National Payments Corporation of India
c) Accepted at all ATMs & PoS machines
d) All of above