Banking General knowledge for LIC AAO [TEST-3]

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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.
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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
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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
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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
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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%
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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
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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."

A
had never seen
B
had never been seeing
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Question 3030 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What will happen if you withdraw a CD before maturity?

A
You pay a penalty
B
You get payed dividends
C
Your stocks get sold
D
You lose your insurance
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