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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is a demand draft?
💡 Hint: Think about how it is different from a personal check.
Question 2
Easy
What is a locker facility in banks?
💡 Hint: Consider why someone might want to use this service.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the purpose of a demand draft?
- To give cash directly
- To guarantee payment
- To open a savings account
💡 Hint: Consider its prepaid nature.
Question 2
True or False: Bank lockers are not a secure way to store valuables.
- True
- False
💡 Hint: Think about bank security measures.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Analyze how the functions of banks can influence customer loyalty. Give examples.
💡 Hint: Consider the relationship between satisfaction and services offered.
Question 2
Critically evaluate the role of technology in enhancing the General Utility Functions of banks.
💡 Hint: Think about everyday banking experiences.
Challenge and get performance evaluation