BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following terms is NOT used in Banking/Finance-related matters?
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Discount Rate
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Letter of Credit
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Cheque Clearing
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Law of Motion
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Explanation:
Detailed explanation-1: -The term Zero hour is NOT used in the banking field.
Detailed explanation-2: -Apartheid refers to the discrimination on the ground of race. It is widely practiced in South Africa. Thus it is social term and has not used in banking and finance.
Detailed explanation-3: -So the Radiation is the term which is not related to banking items.
Detailed explanation-4: -Detailed Solution. The correct answer is BCCI. BCCI is not a financial institution.
Detailed explanation-5: -Consolidation term is not related to Banking/Finance operations.
There is 1 question to complete.