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  • N. R. Institute of Business Management - NRPGDM Quiz 1 Semester VI Marks-20 Subject: Banking & Insurance (Minor Finance)

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    An exam document assessing knowledge of banking and insurance terms. Students are asked to define escrow accounts, RTGS, and NEFT in 2 marks each and explain bank services and the evolution of rural banking in India in 7 marks responses. Key terms include escrow accounts, real-time gross settlement (RTGS), national electronic funds transfer (NEFT), and various roles of the Reserve Bank of India in rural banking development.

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    Banking and Insurance

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    Quiz 1_B&I

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    An exam document assessing knowledge of banking and insurance terms. Students are asked to define escrow accounts, RTGS, and NEFT in 2 marks each and explain bank services and the evolution of rural banking in India in 7 marks responses. Key terms include escrow accounts, real-time gross settlement (RTGS), national electronic funds transfer (NEFT), and various roles of the Reserve Bank of India in rural banking development.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    28 views1 page

    N. R. Institute of Business Management - NRPGDM Quiz 1 Semester VI Marks-20 Subject: Banking & Insurance (Minor Finance)

    Uploaded by

    hiteksha
    An exam document assessing knowledge of banking and insurance terms. Students are asked to define escrow accounts, RTGS, and NEFT in 2 marks each and explain bank services and the evolution of rural banking in India in 7 marks responses. Key terms include escrow accounts, real-time gross settlement (RTGS), national electronic funds transfer (NEFT), and various roles of the Reserve Bank of India in rural banking development.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    N. R.

    institute of Business Management - NRPGDM


    Quiz 1

    Semester VI

    Marks-20

    Subject: Banking & Insurance (Minor Finance)

    Explain the following terms: (2 marks each)


    1. Escrow Account
    2. RTGS & NEFT
    3. Mention various roles of RBI.

    Explain in detail: (7 marks each)


    1. Explain various types of services provided by bank.
    2. Give the glimpse of the evolution of Rural Banking in India and also give the details about
    various groups supporting the development of rural banking.

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