Banking General knowledge for Corporation Bank – IBPS [TEST-2]

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G.K. Questions on Banking

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Question 4331 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

If the value of the Dollar goes up , ..... will be happy.

A
Exporter
B
Importer
C
Individuals
D
Prashant Sir
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Question 4332 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

On 7 April 2016, you received the bank statement for month end of March and found that a $16,400 cheque, which was drawn on 2 March 2016 and paid to creditor, had not been presented to the bank.

A
Cash Book, Dr Cash Cr Creditor
B
Cash Book, Dr Creditor Cr Cash
C
Bank Rec. item, Add to bank balance
D
Bank Rec. item, less from cash book bal.
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Question 4333 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is an agreement to receive cash, goods, or services now and pay for them at a later time?

A
savings
B
interest
C
income
D
credit
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Question 4334 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the difference between a savings and checking account?Bank exam interview questions answers
A
Checking is for day to day use, savings is designed to hold money
B
Savings is for day to day use, Checking is designed to hold money
C
Savings is for paying bills only
D
Checking is for online banking only
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Question 4335 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Discrepancies between the Cash at Bank balance and the Bank Statement balance are due to:


(you may select more than 1 correct option)

A
Errors by the bank
B
correctchoice Errors by the accountant
C
Errors by the supplier
D
correctchoice Timing differences in the recording of the transactions
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Question 4336 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

How many core values do our bank have

A
6
B
5
C
7
D
4
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Question 4337 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

It is a check processed through the PCHC but dishonored by the drawee bank because the account's balance cannot cover the check.

A
DAIF Check
B
NSF Check
C
Crossed check
D
Personal check
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Question 4338 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
An item that has value in and of itself.
A
commodity
B
fiat
C
barter
D
representative money
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Question 4339 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

True of False: The Regional Food Bank is the state's largest domestic hunger-relief 501(c)(3) nonprofit that distributes food through a network of community-based partner agencies and schools.

A
True
B
False
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Question 4340 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Allowing "small" savers and borrowers to benefit from the existence of financial markets is function of

A
Financial markets
B
Capital markets
C
Money markets
D
Financial intermediaries
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