Banking General knowledge for AXIS Bank [TEST-9]

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G.K. Questions on Banking

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Question 3441 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Open a CD only with money you won't need immediately, because withdrawing money before the end of the term carries a penalty.
A
True
B
False
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Question 3442 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

empty space

A
vacuum
B
air
C
matter
D
particles
Bank exam Questions answers
Question 3443 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Resources that can be replaced naturally by the environment or by Man is ....

A
renewable resources
B
non-renewable resources
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Question 3444 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The kind of bank that provides services for customers and businesses and that is used by most ordinary people

Bank exam interview questions answers
A
Investment bank
B
Merchant bank
C
Commercial bank
D
Central bank
Civics Test Questions answers
Question 3445 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mortgage loans, equipment loans and crop loans are all short-term loans.
A
True
B
False
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Question 3446 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

..... is regarded as the fourth element of the financial system.

A
Financial services
B
Financial markets
C
Financial institutions
D
Financial instruments
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Question 3447 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

..... is money in the form of gold or silver coins

A
Fiat
B
Shilling
C
Specie
D
Pence
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Question 3448 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Fiat money is money which .....

A
its value is not fixed to the price of gold.
B
has a face value equals to its metallic value, as well as has full support value .
C
has no intrinsic value, such as a RM50 bill.
D
has a higher face value compared to its metallic value.
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Question 3449 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

When a check bounces, it means:

A
The check was written for a greater value than what was in the account
B
It was written incorrectly
C
It wasn't signed on the back
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Question 3450 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Benefits of Intermediation. (Check all applicable answers)

A
It facilitates the flow of funds from savers to borrowers.
B
correctchoice The pooling reduces individual's risk in the event the loan was not paid when investment was made in diversified portfolio of loans.
C
correctchoice Intermediation reduces an individual's dollar risk because of insurance coverage of some types of secondary securities.
D
correctchoice It provides economies of scale for savers and borrowers.
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