Q.1) Consider the following statements about:
- Digital Banking Units (DBUs) includes rural banks, payment banks and local area banks
- Neobanks offer digital banking services in partnership with NBFCs.
Which of the statements given above is/are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Q.2) With reference to ‘Quantum Computing’, which of the following is/are correct?
- It uses ones and zeroes to store information.
- It is based on entanglement and superposition.
- It can be used to send sensitive information through encryption.
Select the correct answer using the codes given below.
- 2 and 3 only
- 3 only
- 1 and 2 only
- 1, 2 and 3
Q.3) The terms ‘Jupiter, Fi Money, Niyo,’ sometimes mentioned in the news recently are related to
- Digital Banking Units
- Cryptocurrency
- Cyber attacks
- Neobanks
Comment the answers to the above questions in the comment section below!!
ANSWERS FOR ’17th October 2022 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.