Banking Terms Abbreviations Quiz | Practice

What does ATM stand for?

A Automatic Transfer Machine B Automated Transfer Method C Advanced Teller Machine D Automated Teller Machine

What does NEFT stand for?

A Network Electronic Fund Transfer B National Electronic Funds Transfer C National Exchange Fund Transfer D National Electronic Financial Transaction

What does RTGS stand for?

A Rapid Transfer Global System B Real Time Gross Settlement C Real Transfer Gross System D Real Time Global Settlement

What does IMPS stand for?

A Immediate Processing Service B Instant Payment Solution C Instant Money Payment System D Immediate Payment Service

What does ECS stand for?

A Electronic Clearing Service B Electronic Clearing System C Electronic Cash Service D Electronic Credit System

What does UPI stand for?

A Universal Payment Interface B Unified Payments Interface C Unified Payment Integration D Universal Processing Interface

What does IFSC stand for?

A Indian Finance Security Code B Indian Financial System Code C International Financial System Code D International Finance Security Code

What does MICR stand for?

A Magnetic Ink Code Recognition B Magnetic Ink Character Recognition C Machine Ink Character Recognition D Magnetic Identification Code Reader

What does KYC stand for?

A Know Your Customer B Know Your Card C Know Your Credit D Know Your Client

What does OTP stand for?

A One Time Passcode B One Time Password C Online Transaction Password D Online Transfer Password

What does POS stand for?

A Place of Sale B Point of Sale C Position of Sale D Point of Service

What does EFT stand for?

A Exchange Fund Transfer B Electronic Finance Transfer C Electronic Funds Transfer D Electronic Financial Transaction

What does SWIFT stand for?

A Society for Worldwide Interbank Financial Telecommunication B Standard Worldwide Interbank Financial Telecommunication C System Worldwide Interbank Financial Transfer D Secure Worldwide Interbank Financial Transfer

What does NACH stand for?

A National Automated Cash House B National Automatic Clearing Hub C National Automatic Credit Hub D National Automated Clearing House

What does AEPS stand for?

A Aadhaar Enabled Payment System B Aadhaar Enabled Processing System C Aadhaar Electronic Payment Service D Aadhaar Electronic Processing System

What does CBS stand for?

A Central Bank System B Core Banking System C Central Banking Service D Core Banking Solution

What does CTS stand for?

A Central Transaction System B Cheque Transfer Service C Cheque Truncation System D Credit Transfer System

What does BBPS stand for?

A Bharat Bill Payment System B Bharat Banking Payment System C Bharat Bank Payment Service D Banking Bill Payment Service

What does NPCI stand for?

A National Payment Commission of India B National Public Corporation of India C National Payment Council of India D National Payments Corporation of India

What does IBAN stand for?

A Internal Bank Account Number B International Banking Access Number C International Banking Account Network D International Bank Account Number

What does FD stand for?

A Financial Deposit B Fixed Deposit C Finance Deposit D Fund Deposit

What does RD stand for?

A Reserve Deposit B Regular Deposit C Repeated Deposit D Recurring Deposit

What does NPA stand for?

A Non Productive Asset B Non Performing Asset C Non Performing Account D New Performing Asset

What does CRR stand for?

A Central Reserve Ratio B Credit Reserve Ratio C Cash Reserve Ratio D Cash Regulation Ratio

What does SLR stand for?

A State Liquidity Ratio B Standard Liquidity Ratio C Statutory Loan Ratio D Statutory Liquidity Ratio

What does EMI stand for?

A Equated Monthly Installment B Equity Monthly Installment C Estimated Monthly Installment D Equal Monthly Installment

What does LTV stand for?

A Limit Transfer Value B Loan to Value C Loan Term Value D Loan Transfer Value

What does APR stand for?

A Annual Payment Rate B Average Payment Rate C Average Percentage Rate D Annual Percentage Rate

What does EFTPOS stand for?

A Electronic Fund Transfer Payment of Sale B Electronic Funds Transaction at Point of Sale C Electronic Funds Transfer at Point of Sale D Electronic Financial Transfer at Point of Sale

What does NBFC stand for?

A New Banking Finance Corporation B Non Bank Finance Corporation C National Banking Finance Company D Non Banking Financial Company