Banking Testing | Question and Answers

Banking Testing | Mock Test

In this Banking testing Quiz, we wil cover these topics such as banking testing, online banking testing, bank domain testing, banking domain testing interview questions, test cases for bank loan application and so on.

1
An inactive account moves into which status when there are no customer transactions
a. Active
b. Inactive
c. Blocked
d. Dormant

Answer : Dormant

2
Bank requires a facility to send swift message to their corresponding bank in case of
a. Local DD issuance
b. Foreign DD issuance
c. Both A and B
d. Only A
Answer : Foreign DD issuance

3
BPD environment is defined under which of the environments
a. Testing
b. Training
c. Production
d. Development
Answer : Development

4
CASA stands for
a. Charges Applied for Services availed
b. Current account Savings account
c. Channels Application and Smart Application
d. Customer Appreciation for Standards Aimed
Answer : Current account Savings account

5
CIF stands for
a. Customer identification File number
b. Consumer Identification File number
c. Customer Indemnity file number
d. Corporate identification file number
Answer : Customer identification File number

6
Bill payable after stipulated period or bill after period
a. Document against payment
b. Document against acceptance
c. Option A and Option B
d. s
Answer : Document against payment

7
Bill payable immediately on demand or bill at sight
a. Document against bill
b. Document against acceptance
c. Option A and Option B
d. Option A or Option B
Answer : Document against acceptance

8
Which method is opted for one time scale
a. Open account
b. Cash in advance
c. Letter of credit
d. Bills of goods
Answer : Cash in advance

9
Customer can cancel the forward contract made with bank
a. On due date
b. After due date
c. Before due date
d. All
Answer : All

10
FOB stands for
a. Free of board
b. Free to Board
c. Free on board
d. Free on bridge
Answer : Free on board