Banking General knowledge for Kotak Mahindra Bank [TEST-3]

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G.K. Questions on Banking

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Question 6381 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Which of the following is not a source of Islamic Ethics?

A
Al-Quran
B
Qiyas
C
Sad Al Dhariah
D
Riba & Gharar
Question 6382 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
You don't have to look far for opportunities for small acts of-
A
appreciation
B
commitments
C
kindness
D
confidence
Question 6383 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Does lending make more money available to spend?

A
Yes
B
No
Question 6384 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A box - usually located inside a bank - which is used to store valuables, is rented from the institution and can be accessed with keys, pin numbers or some other security pass.
A
bond
B
safe-deposit box
C
stock
D
savings account
Question 6385 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Commercial bank create money by way of:
A
a) Time deposits
B
b) Demand deposits
C
c) Treasury bills
D
d) Bill of exchange
Question 6386 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is the best explanation of 'standard for deferred payment'as a function of money?

A
Money can be used for a long period of time
B
Money can be used for future payments
C
Money can measure good's value
D
Money can be used to buy goods
Question 6387 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

From a bank's point of view, deposits received from customers are treated as which of the following accounting elements?

A
Income
B
Expenses
C
Assets
D
Liabilities
Question 6388 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is an interest rate?Bank exam interview questions answers
A
Rate of inflation
B
Rate at which the bank gets new accounts
C
Fees for using the ATM
D
The amount you pay to borrow money
Question 6389 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

A financial institution that handles money for its customers by offering checking accounts, savings accounts, and other financial services. A for profit company that is owned by investors.

A
Bank
B
Credit Union
C
Pawn shop
D
Rent-a-Center
Question 6390 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is inflation?
A
rise in all prices
B
rise in most prices
C
rise in some prices
D
rise in general prices
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