6999+ IBPS RRB PO Previous Year Question Paper Pdf - 1

Question: 1

The amount of instantly credited to the account of the customer in

(A) CDM

(B) ATM

(C) EFT

(D) NAC

Ans: A

CDM

Question: 2

EFT stands for

(A) Electronic Feature Transfer

(B) Electronic Fund Transmission

(C) Electronic Fund Transfer

(D) None of these

Ans: C

Electronic Fund Transfer

Question: 3

Which one is generally used in banks to process the Cheques?

(A) OMR

(B) OCR

(C) MIC

(D) MICR

Ans: D

Magnetic Ink Character Recognition (MICR)

Question: 4

_____ is the fastest possible money transfer system through banking channel.

(A) ATM

(B) EFT

(C) RTGS

(D) None of these

Ans: C

RTGS

Question: 5

A barcode is _____ code that represents data with bars of varying widths or heights.

(A) magnetic

(B) laser

(C) optical

(D) read/write

Ans: C

optical

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