Banking & Finance MCQ

Correct answer: Enhanced due diligence. Politically exposed persons carry elevated risk — deeper checks, ongoing monitoring.

Correct answer: Never tells anyone an OTP — bank staff never ask. The OTP is the transaction's signature; education is the bank's defence.

Correct answer: Electronic account-to-account payment rails. Modern rails settle retail payments without cheques or cash.

Correct answer: After completing all ten lessons. Earned certification: complete the learning, then prove it under exam conditions.

Correct answer: The calculated floor below which banks may not lend. Loan pricing builds premium above the NRB-mandated base rate.

Banking system, NRB regulation, financial products and banking exam preparation.

Q21. A PEP customer requires: Medium

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Q22. An OTP-sharing scam is defeated when the customer: Medium

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Q23. connectIPS and QR payments are examples of: Medium

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Q24. This program's final exam becomes available: Medium

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Q25. The base rate in Nepali banking is: Medium

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Q26. CRR (cash reserve ratio) requires banks to: Medium

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Q27. A post-dated cheque presented today should be: Medium

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Q28. Deposit insurance in Nepal protects: Medium

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Q29. A loan's moratorium period means: Medium

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Q30. An unusually large cash deposit inconsistent with a customer's profile triggers: Medium

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