Exam 4: Banking Terminology and Functions

Tele-Banking services function is available with bank computers , based on

EMI stands for ………………………………………………

Two parallel transfers lines across the cheque is called --------------.

Acts done honestly is called the acts done

Accepting deposits and lending money is the ………………………………………….function of commercial banks

When a cheque is drawn on a bank, the banker is called the___________

Banking regulation act was passed in ………………….

Benefits of e-banking to consumer

Mere signature of the payee on the reverse of the instrument is called ___________endorsement

" Sans resource" means________________

How many banks were nationalized in 1969

Banking companies are licensed by _______________

A cheque is payable on-----------------

Mandate is-----------------

The crossing ina crossed cheque can be cancelled by--------------------------

CRR stands for ……………………………………………….

Which of the following limits the power of credit creation by commercial banks

Garnishee order is issued by__________

E banking customers need not visit the bank , to meet cash requirement of self through

The banks which are owned and controlled by government