BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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40000
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10000
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5000
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1000
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Detailed explanation-1: -The transaction amount has been fixed as Rs 40, 000/-. Customers can use the Green Channel Counter without queues and without taking the token. They may simply walk up to the Counter, Swipe their card and execute the transaction.
Detailed explanation-2: -On an average, you can withdraw up to Rs. 40, 000 per day with most of the bank’s ATMs. You need to check with the bank for the maximum amount that can be withdrawn on your debit card. Certain banks let you set the withdrawal limit as per your maximum limit.
Detailed explanation-3: -40, 000 (limit on Classic Debit Card. Higher value cards permit daily withdrawal limits of up to Rs. 1 lakh per day).
Detailed explanation-4: -GCC is a new technique for transferring money from one bank to another. The abbreviation GCC stands for green channel counter. SBI pioneered this, however, it is now seen in other Indian commercial banks such as Indian Overseas Bank and PNB. You do not need to fill out any forms to send money through GCC.