121.
PAN means
A
None of above
B
A kind of utensil
C
Primary Account Number
D
Permanent Account Number
Answer and explanation
Correct Answer: D — Permanent Account Number
Permanent Account Number
ObjectiveMcq
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PAN means
None of above
A kind of utensil
Primary Account Number
Permanent Account Number
Permanent Account Number
NRI means
Non Resident Indian
Non Rural Immigrants
None of above
Non Rural Individuals
Non Resident Indian
Nomination once done can
Be cancelled
Not be changed
None of above
Not be cancelled
Be cancelled
Nomination can be done in
All of above
Recurring Deposit account
Savings Bank account
Fixed Deposit account
All of above
Mutilated notes
Can be exchanged at Bank
None of above
Should be thrown away
Should be burnt away
can be exchanged at Bank
Minimum age required to open SB account in the bank
12 years
None of above
8 years
10 years
10 years
MGNREGS stands for
None of above
Mahatma Gandhi National Rural Employment Generation Scheme
Mahatma Gandhi Nutrition and Rural Employment Generation Scheme
Mahatma Gandhi National Rural Employment Guarantee Scheme
Mahatma Gandhi National Rural Employment Guarantee Scheme
Maximum tenure of Fixed Deposit is
7 years
8 years
10 years
5 years
10 years
Maximum amount of Cheque
None of above
Rs.100 crore
Rs.1 crore
No limit
No limit
Loans from money lenders are
With High rate of interest
No proper accounting
All of above
No transparency
All of above
Life insurance means
Insurance of human
All of above
Insurance of Life of Machines
Insurance of life of human and Cattle
Insurance of human
KYC means
Know your customer
None of above
Both of above
Know your character
Know your customer
Internet banking refers to
Opening of account through ATM
Operation of account through internet
None of above
Both a and b
Operation of account through internet
Interest on Savings Bank Deposits is paid
Half yearly
Quarterly
Every month
Yearly
Half yearly
Interest on FDRs is compounded on
Half yearly basis
Quarterly basis
Yearly basis
Monthly basis
Quarterly basis
In Recurring Deposits,
A fixed sum is deposited every month
Interest is paid at FDR rate
Period of deposit is a fixed tenure
All of above
All of above
If locker rent is not paid, Bank can
All of above
stop operation of locker
seal the locker
break open the locker
after giving suitable notice
All of above
Highest denomination of currency notes issued by RBI is
Rs.500/-
Rs.1,000/-
Rs.100/-
Rs.10,000/-
Rs.1,000/-
Gold and silver ornaments should be kept in bank lockers
Both a and b
None of above
No risk of theft
It is safe
Both a and b