Banking System MCQ (GK Set-1) with Answers

Banking System MCQ (GK Set-1) with Answers

121) What is the maximum value to be stored in a prepaid card?

Answer is:

Rs. 50,000

122) Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population. The committee will be headed by ____.

Answer is:

Deepak Mohanty

123) Money lent for one day is called

Answer is:

Call money

124) Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ____

Answer is:

Government of India

125) India’s first International Financial Services Centre opened at _____

Answer is:

Gujarat

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