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What is the full form of SWIFT?

A. Safe Window for Interbank Financial Transactions

B. Safe Window In case of Financial Transaction

C. Society for Worldwide Interbank Financial Telecommunication

D. Safe Window Institute For Transactions

Related Questions on Banking Awareness Test Questions

What does 'Nomination' for a deposit account in the bank mean?

A. Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor

B. Mandate decided by the bank to settle the death claim of its depositor

C. Mandate of the depositor in favor of one or more persons to claim the amount on death of the depositor

D. Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor