Money and Banking MCQ. We covered all the Money and Banking MCQ in this post for free so that you can practice well for the exam.
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Money and Banking Objective MCQ for Students
Maintained Commercial Dealing
A) Banking
B) Commerce
C) Loan
D) Saving
Option a – Banking
Maximum ATM Cash Withdrawal
A) 2
B) 4
C) 3
D) 5
Option c – 3
Norms for Getting Loans to SHGs
A) No need for a guarantee
B) Assets should be shown as guarantee
C) Wealthy persons should act as guarantors
D) None
Option a – No need for a guarantee
Extensively Used to Withdraw and Pay Money
A) Drafts
B) Cheques
C) Debentures
D) Hundis
Option b – Cheques
Age Limit to Open a Savings Account
A) 7
B) 10
C) 15
D) 18
Option b – 10
Early Bankers in India
A) Bengal – Jagatseths
B) Patna – Shahs
C) Surat – Arunji Nathji, Madras – Chettiars
D) All the above
Option d – All the above
Main Trade Centre in Europe in 1606
A) Paris
B) Moscow
C) Amsterdam
D) Madrid
Option c – Amsterdam
Types of Silver and Gold Coins in Amsterdam (1606)
A) 840
B) 846
C) 850
D) 900
Option b – 846
We covered all the money and banking mcq above in this post for free so that you can practice well for the exam.
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