Banking Technology Quiz
Practice quiz on Banking Technology (General Knowledge). 10 exam-style questions with explanations.
About This Quiz
Banking Technology Quiz — Questions with Solutions
All 10 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.UPI was launched by
- A.SEBI
- B.NPCI
- C.NABARD
- D.RBI
Show answer
Answer: B. NPCI
NPCI.
Q2.IMPS stands for
- A.Indian Mobile Payment Service
- B.Instant Money Payment System
- C.Internet Money Payment Service
- D.Immediate Payment Service
Show answer
Answer: D. Immediate Payment Service
IMPS.
Q3.RTGS is used for large-value transfers; the minimum amount is
- A.Rs 1,000
- B.Rs 2 lakh
- C.Rs 10,000
- D.Rs 50,000
Show answer
Answer: B. Rs 2 lakh
Rs 2 lakh minimum.
Q4.Core Banking Solution (CBS) allows customers to
- A.Access accounts from any branch
- B.Only deposit cash
- C.Only buy shares
- D.Only take loans
Show answer
Answer: A. Access accounts from any branch
Anywhere banking.
Q5.Mobile banking primarily uses
- A.Telegram
- B.Radio
- C.Fax
- D.Mobile phones
Show answer
Answer: D. Mobile phones
Mobile phones.
Q6.The RuPay card was launched by
- A.Mastercard
- B.Visa
- C.NPCI
- D.SBI
Show answer
Answer: C. NPCI
NPCI.
Q7.A PIN stands for
- A.Public Index Number
- B.Personal Identification Number
- C.Personal Index Name
- D.Private Identity Name
Show answer
Answer: B. Personal Identification Number
PIN.
Q8.The full form of NPCI is
- A.National Payments Corporation of India
- B.New Payment Company of India
- C.National Bank Payment Council
- D.National Payment Council of India
Show answer
Answer: A. National Payments Corporation of India
NPCI.
Q9.Aadhaar-enabled Payment System (AePS) uses
- A.Biometric authentication
- B.Cheque
- C.Cash only
- D.Passbook
Show answer
Answer: A. Biometric authentication
Fingerprint/biometric.
Q10.आयड़ स्थापत्य कला देख सकते हैं –
- A.उदयपुर में
- B.जोधपुर में
- C.अजमेर में
- D.बीकानेर में
Show answer
Answer: A. उदयपुर में
Frequently Asked Questions
Is Banking Technology Quiz free to attempt on AajExam?
Yes. Banking Technology Quiz is completely free. You only need a free AajExam account to track your score, view detailed solutions and unlock cross-attempt analytics.
How long does it take to complete Banking Technology Quiz?
Banking Technology Quiz runs on a 10-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
Are detailed solutions provided?
Yes. Every question on Banking Technology Quiz ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt Banking Technology Quiz multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Digital Banking & Payments questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.