# Banking General knowledge for LIC AAO [TEST-3]

## G.K. Questions on Banking

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 Question 3021 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A financial account a person has with the bank
 A Bank Account B Checking Account C Savings Account D Credit Card
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 Question 3022 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is the RULE OF 72?

 A The number of years it takes for a certain amount to double in value is equal to 72 divided by its annual rate of interest. B The number of years it takes for a certain amount of interest to accrue. It is 72 multiplied by its annual rate of interest.
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 Question 3023 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

(8152) Joggles in removed rivet shanks would indicate partial

 A a. bearing failure. B b. torsion failure. C c. shear failure.
 Question 3024 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

How often should you typically monitor your checking account?

 A Monthly B Yearly C Daily D Every three months
 Question 3025 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The primary difference between commercial banks and credit unions is that commercial banks operate to make a profit.
 A True B False
 Question 3026 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

How do you "send" someone money in a bank?

 A you borrow money B you wire it C you pay your bills
 Question 3027 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

In 2019, the Regional Food Bank depended upon food donations for ..... of its food inventory.

 A 50.50% B 91.5% C 75.50% D 20.50%
 Question 3028 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Most distant galaxies show a red shift. This is considered evidence that the universe is .....

 A getting cooler B expanding C condensing into a small point D swirling around
 Question 3029 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Past Perfect Simple or Continuous?

"I was amazed because I ..... such an enormous plane before."