6999+ IBPS RRB PO Previous Year Question Paper Pdf - 2

Question: 6

Paperless banking is also known as

(A) RTGS

(B) EFT

(C) Internet banking

(D) Mobile banking

Ans: B

EFT

Question: 7

_____ banking refers to the use of technology and communication systems in delivering banking products and services to customers.

(A) Home banking

(B) Virtual banking

(C) Hi-tech banking

(D) PC

Ans: C

Hi-tech banking

Question: 8

For providing transparency in accounting and reporting procedures of banks ____ are introduced in 1992.

(A) Capital Adequacy Norms

(B) BASEL norms

(C) IRAC rules

(D) None of these

Ans: C

IRAC rules

Question: 9

_____ is to perform lending activities among weaker sections of the community.

(A) Payment Bank

(B) Consortium Bank

(C) Small Finance Bank

(D) All of these

Ans: C

Small Finance Bank

Question: 10

CTS refer to

(A) Cheque Transaction Solution

(B) Cheque Transaction Method

(C) Cheque Transaction Method

(D) Cheque Truncation Method

Ans: D

Cheque Truncation Method

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