Computer Literacy in Banking (Chapter-14): Comprehensive 120 MCQs for Competitive Exam Preparation in India Computer AwarenessTest 1Test 2Test 3Test 4Test 5Test 60% Report a question What's wrong with this question?You cannot submit an empty report. Please add some details. Computer Literacy in Banking MCQs Test-220 MCQs20 Marks10 Minutes 1 / 20What is the purpose of a crossed Demand Draft (DD)? It cannot be used for online transactions It can only be used for international payments It cannot be cashed over the counter It can only be issued by government banks 2 / 20What is a Demand Draft (DD)? A type of credit card A type of cheque with limited validity A pre-paid instrument for making payments A draft that is only available on demand 3 / 20What is a "crossed" cheque? A cheque with two diagonal lines across it A cheque with a signature A cheque with an expiration date A cheque that cannot be cashed over the counter 4 / 20What does the "payee" on a cheque refer to? The bank that receives the cheque The person writing the cheque The bank that issued the chequebook The person to whom the payment is made 5 / 20What is the security PIN used for in an ATM card? Unlocking the ATM machine Authenticating ATM transactions Withdrawing cash from the bank Accessing the bank's website 6 / 20What type of machine is an ATM? A computer A vending machine A cash dispenser A printer 7 / 20What is the primary advantage of internet banking? Access to free movies Ability to book airline tickets Convenient access to banking services online Access to fast food delivery 8 / 20What is the fee for issuing a Demand Draft (DD)? Only applicable for international DDs Waived for senior citizens Depends on the amount of the DD Fixed and the same for all banks 9 / 20What is the purpose of an ATM (Automated Teller Machine)? To provide legal advice To provide access to internet services To issue bank loans To dispense cash and perform basic banking transactions 10 / 20What is the primary function of an ATM card? To make purchases at stores To provide access to the internet To withdraw cash from ATMs To pay utility bills online 11 / 20What is mobile banking? Banking services provided at railway stations Banking services provided at airports A bank on wheels Banking services provided on mobile phones 12 / 20What happens if you enter the wrong PIN multiple times at an ATM? Your ATM card is permanently blocked The ATM sends a signal to the bank The ATM dispenses cash without a PIN The ATM swallows your card for security reasons 13 / 20Who is the payer in a Demand Draft (DD)? The person who receives the payment The person who issues the DD The person who requests the DD The bank that issues the DD 14 / 20What is the role of a bank's customer care service? To sell products To assist customers with banking-related queries and issues To provide investment advice To promote movies 15 / 20What does ATM stand for? Automatic Transaction Mechanism Automated Telephone Machine Automated Teller Machine All-Time Money 16 / 20What is a banking delivery channel? A way through which banking services are provided to customers A type of banking instrument A type of credit card A place where banks deliver parcels 17 / 20What is the purpose of writing the date on a cheque? To indicate when the payment can be made To show the issuer's name To determine the payee To indicate the cheque number 18 / 20What is a cheque? A type of currency note A type of ATM card A legal document that promises a payment A loan provided by a bank 19 / 20What is the person who writes a cheque called? Drawee Bearer Payee Payor or drawer 20 / 20How is a Demand Draft (DD) different from a cheque? A DD is issued by a bank, while a cheque is not A DD requires a bank account, while a cheque does not A DD is a promissory note, while a cheque is not A DD is payable on demand, while a cheque is not Previous 1 2 3 4 5 6 7NextRelated Posts Basic Literacy in Cyber Security (Chapter-11): Set of 90 MCQs for Every Competitive Exam Basics of Operating Systems (Chapter-4): 130 Essential MCQs for BeginnersIndian IT Act 2008 (Chapter-13): Essential MCQs for Competitive ExamsLeave a Reply Cancel Reply Save my name, email, and website in this browser for the next time I comment. I have read and accepted the Privacy Policy * Δ
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