Computer Literacy in Banking (Chapter-14): Comprehensive 120 MCQs for Competitive Exam Preparation in India

August 9, 2023 Computer Awareness

Boost your competitive exams- Banking, IBPS-PO, IBPS Clerk, ICAR Exams, readiness with a diverse set of 250 multiple-choice questions covering Computer Literacy in Banking and Other Social Schemes Run by Govt of India. From financial literacy in banking schemes to cyber security essentials, these thoughtfully curated questions offer valuable practice for aspiring candidates.

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Computer Literacy in Banking MCQs Test-1

20 MCQs
20 Marks
10 Minutes

1 / 20

What should bank customers do to stay safe while using online banking services?

2 / 20

How does computer literacy help customers in accessing their accounts?

3 / 20

What is the primary purpose of saving?

4 / 20

What is the significance of computer literacy in addressing rural banking challenges?

5 / 20

Which type of attack involves tricking individuals into revealing their confidential information?

6 / 20

What is the advantage of having savings?

7 / 20

Which technology is commonly used in banks to verify the authenticity of customers?

8 / 20

Why is saving money important?

9 / 20

What is the main objective of promoting computer literacy in the banking sector?

10 / 20

How does computer literacy impact the accessibility of banking services?

11 / 20

Which of the following is a common way to provide customer support in online banking?

12 / 20

What is a key benefit of saving in a bank?

13 / 20

What is the main goal of banks with regards to your savings?

14 / 20

What is the primary function of a bank?

15 / 20

Which of the following is NOT a benefit of computer literacy in banking?

16 / 20

Which of the following is NOT a reason to save?

17 / 20

What does a bank provide for money savings?

18 / 20

What is an emergency fund?

19 / 20

Why is saving in a bank considered safe?

20 / 20

What is the purpose of online banking?

Topics/Syllabus covered in this Chapter’s Mock Test Series

Financial Literacy for Banking Scheme and Applications: Why savings are needed, Why save in a bank, Banking products-ATM card, Banking Instruments-Cheque, Demand Draft (DD), Banking Services Delivery Channels, Know Your Customer (KYC), Opening of bank account and documents required, Types of bank accounts, Bank’s services including remittances, loan, mobile banking, Overdraft, Pension etc., Pradhan Mantri Jan Dhan Yojana (PMJDY), password security and ATM withdrawal, Insurance, Social Security Schemes-Atal Pension Yojana (APY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Mudra Yojana (PMMY).

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