Banking Awareness Questions and Answers

Lean Banking Awareness with Questions and Answers. Which are more useful for all competitive exams like Bankings IBPS, SBI, SSC CGL, Railways and more.

Banking Awareness Questions and Answers:

Banking Awareness Topics

14. What is the Full form of IBPS?

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Ans: A
IBPS Founded in 1975

13. What is the full form of IMPS?
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Ans: IMPS: Immediate Payment Service.
is an Inter-Bank Electronic Fund Transfer Service by 24/7. This was founded in 22-Nov-2010 by NPCI. Today's We are Using UPI transactions alternatively to IMPS.

11. What is the full form of UPI?
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Ans: UPI: Unified Payment Interface.
UPI instant payment system developed by National Payments Corporation of India(NPCI). This is alternative to IMPS. By Using UPI we can send and receive money easily by using upi id without IFSC code and Account Number.

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