Lakshya Education MCQs

Question: Credit risk to the bank is high from which of these cards?
Options:
A.Debit cards
B.Credit cards
C.ATM cards
D.None of these
Answer: Option B

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More Questions on This Topic :

Question 1. Which one of the following is a Credit Card Association?
  1.    India Card
  2.    Master Card
  3.    SBI Cards
  4.    City Bank Cards
Answer: Option B
Question 2. Depreciation of an asset occurs due to
  1.    Fire in the unit
  2.    Theft
  3.    Labour Trouble
  4.    Wear and tear
Answer: Option D
Question 3. Which of the following is NOT a source of funds of a commercial bank?
  1.    Capital
  2.    Borrowings from RBI
  3.    Call money borrowings
  4.    Deposits
Answer: Option A
Question 4. Many times we read the term ‘ECB’ in newspapers. What is the full form of ‘ECB’ ?
  1.    Essential Commercial Banking
  2.    European Credit Borrowing
  3.    External Credit For Business
  4.    External Commercial Borrowing
Answer: Option D
Question 5. Almost all banks in our country have introduced facility for granting crop loans to farmers.
  1.    Term Loans
  2.    Kisan Credit Cards
  3.    Bank Guarantee
  4.    Foreign Exchange
Answer: Option B
Question 6. Which of the following institutions is involved mainly in granting Housing Loans?
  1.    RBI
  2.    SBI
  3.    HDFC
  4.    ICICI
Answer: Option C

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