Questions on Day to Day Banking-3

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Questions on Day to Day Banking

QUESTIONS ON DAY TO DAY BANKING-3
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Hello Readers,

Banking Awareness is a important part of banking Exams. This sheet is related to Important banking Questions on day to day banking. Last year a lot of questions were asked from related topics. Do give us a review.

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1. Nomination can be given only for:
A. Individuals
B. Joint Individuals
C. Limited Companies
D. Only A, and B
E. None of the above

2. Money deposited at a bank that cannot be withdrawn for at fixed period of time is known as a _____:
A. Term deposit
B. Checking Account
C. Saving Bank deposit
D. No Frills Accounts
E. Current deposit

3. With reference to a cheque which of the following is the ‘drawee bank’?
A. The bank that collects cheque.
B. The payee’s bank.
C. The endorsee’s bank.
D. The bank of the Drawer of the Cheque
E. None of the above

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