Banking Relations

Q.

E-banking is also known as

1. ATMs

2. Net banking

3. Traditional banking

4. None of these

Q.

What does UPI stand for? Find the Answer at BYJUS

Q. Which type of relationship defines the relation between a bank and its customers?

1. General
2. Special
3. Primary
4. Subsidiary

Q. What are the two different types of relationships that are categorised under general relationships?

1. Special
2. Primary
3. General
4. Subsidiary

Q. Which of the following relationships of banks refers to the relation between trustees and beneficiaries?

1. General
2. Subsidiary
3. Secret
4. Special

Q. Find the correct pair for each of the following types of bank relationships.

1. Bank & customers
2. Debtors & creditors
3. Trust & beneficiary

Q. What is the name of the facility given to the investors by the bank where investors can perform smooth transactions through the internet?

1. Internet banking
2. Electronic banking
3. Investment banking
4. Financial banking

Q. What is the name of the facility provided by banks for smooth transactions through the use of internet services?

1. Banking
2. E-banking
3. I-banking
4. Mutual funds

Q. Primary relationship refers to the relationship of trustees and beneficiaries, i.e, the bank and the customers.

1. False
2. True

Q. Which of the following is correct for special relationships?

(i) A special relationship is the one between bankers and customers.
(ii) Under it, the two categories are primary and subsidiary relationships.
(iii) It a special relationship because the banks maintain secrecy of the accounts of their customers.

1. (i) and (ii) are correct
2. (ii) and (iii) are correct
3. (i) and (iii) are correct
4. All are correct

Q. Banks offer as an investment option to the customers.

1. e-banking
2. bill discounting
3. mutual funds
4. bank funds

Q. What is the name of the pool of funds in which investors handover investments to the institution to invest in profitable businesses?

1. Loans
2. Mutual funds
3. E-banking
4. Trustee

Q. What are the two broad categories of relationships that banks have with the general public?

1. Special
2. General
3. E-banking
4. Subsidiary

Q. Which of these is a type of general relationship for banks?

1. Special
2. Optional
3. Subsidiary
4. Secret

Q. What do we call any individual or a group of people who is given control or powers of administration of property?

1. Mutual fund
2. Bank
3. Trustee
4. E-banking