Home
Class 14
GENERAL KNOWLEDGE
A traveller's cheque is...

A traveller's cheque is

A

a supplementary credit card.

B

a cheque issued by a bank or financial institution which functions as capital

C

a certificate issued by a bank or financial institution in lieu of cash.

D

a prepaid instrument issued by a bank or finance institution which can be substitute of cash.

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Topper's Solved these Questions

  • BANKING PRODUCTS

    IBPS & SBI PREVIOUS YEAR PAPER|Exercise MCQ|54 Videos

  • BANKING SYSTEM IN INDIA & WORLD

    IBPS & SBI PREVIOUS YEAR PAPER|Exercise MCQs|84 Videos
IBPS & SBI PREVIOUS YEAR PAPER-BANKING STRUCTURE & INSTRUMENT-MCQs
  1. If a cheque is postdated, the bank on which it is drawn

    Text Solution

    |

  2. In which of the following accounts is operation by cheques permitted?

    Text Solution

    |

  3. A traveller's cheque is

    Text Solution

    |

  4. If a crossed cheque is presented for payment

    Text Solution

    |

  5. Which of the following is not a salient feature of debit card?

    Text Solution

    |

  6. What is a stale cheque?

    Text Solution

    |

  7. Which of the following is not an electronic banking delivery channel?

    Text Solution

    |

  8. Savings bank accounts are opened by

    Text Solution

    |

  9. What does the letter 'L' stands for in the term LAF commonly used in f...

    Text Solution

    |

  10. Which of the following terms is NOT used in baking/finance?

    Text Solution

    |

  11. A type of fraud where in criminals use an innocent person's details to...

    Text Solution

    |

  12. What does the letter 'L' stands for in the term LAF commonly used in f...

    Text Solution

    |

  13. Bank branches which can undertake foreign exchange business directly a...

    Text Solution

    |

  14. Which of the following types of accounts are known as 'Demat Accounts'...

    Text Solution

    |

  15. With a view to facilitate payment of balance in the deposit account to...

    Text Solution

    |

  16. The ministry of Finance recently released a comprehensive paper on Gov...

    Text Solution

    |

  17. Which one of the following is not a 'Money Market Instrument'?

    Text Solution

    |

  18. Base Rate is the rate below which no Bank can allow their lending to a...

    Text Solution

    |

  19. Finance Ministry has asked the Reserve Bank of India to allow common A...

    Text Solution

    |

  20. Interest below which a bank is not expected to lend to customers is kn...

    Text Solution

    |