Overview of Banking Business

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Which of the following is the feature of the commercial paper?

It is an additional instrument to the investing community.

It is an unsecured instrument issued in the form of promissory note.

The highly rated corporate borrowers can raise short term funds through this instrument.

All of the above

Which of the following is used for International Monetary Transfer?

RTGS

NEFT

SWIFT

None of these

Which of the following items is not related with e-banking?

Demand draft

ECS

SPMS

ATM

What is OTP in credit card transaction?

Odd Transaction Password

Owner is Trading Pass code

One Time Password

One Time Pincode

Which of the following is not the fund based business of commercial banks?

D.P. Operation

Loans

Deposits

Depositing Bills