Banking System MCQ (GK Set-1) with Answers

Banking System MCQ (GK Set-1) with Answers

176) Which of the following is NOT a KYC requirement while opening a bank account?

Answer is:

A proof of income

177) Even if you do not have any of the documents listed by the govt to show your ’proof of identity’, you can open a bank account with a bank named

Answer is:

Small account

178) An Individual can have what number of ’Basic Savings Bank Deposit Account’ in one bank?

Answer is:

Only one

179) Which of the following institutions issues a 3-digit number ranging from 300-900 which reflects the credit profile of individuals?

Answer is:

CIBIL

180) What is the term used for a deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty?

Answer is:

Term deposit