Essential Banking Abbreviations Quiz

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Essential Banking Abbreviations: a General level Bank Exam Prep quiz. Test your knowledge with 5 questions!
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Questions

Question 1
What is an APR?
A Annual Percentage Rate
B Account Processing Rule
C Average Price Ratio
D Annual Payment Receipt
Question 2
What does KYC stand for?
A Key Yield Calculation
B Keep Your Cash
C Know Your Customer
D Known Yearly Credit
Question 3
What does EFT stand for?
A Extra Fee Tariff
B Economy Finance Term
C Easy Financial Transaction
D Electronic Funds Transfer
Question 4
What does NRE stand for in banking?
A National Rate Exchange
B Net Reserve Equity
C New Revenue Entry
D Non-Resident External
Question 5
What does PAN stand for?
A Public Access Network
B Personal Asset Note
C Payment Approval Number
D Permanent Account Number

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