Banking General knowledge for Kotak Mahindra Bank [TEST-1]

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G.K. Questions on Banking

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Question 6361 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the equation of exchange?
A
1/RR
B
1/MPS
C
MV=PQ=GDP
D
Excess=Actual-Required
Question 6362 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where they keep the money.Bank exam interview questions answers
A
room
B
car
C
safe
D
house
Question 6363 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

An account at a bank against which checks can be drawn by the account depositor

A
Checking
B
Savings
C
Credit
D
Checkbook
Question 6364 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When opening a checking account, you need to bring at least two forms of identification. Which of the following would NOT be accepted by a bank as a form of ID?
A
Birth Certificate
B
Social Security Card
C
Library Card
D
Student ID
Question 6365 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Opening a checking account requires completing a signature card.

A
True
B
False
Question 6366 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

When you miss 3 months or more on payments.

Bank exam interview questions answers
A
Default
B
Demerit
C
Communism
D
Delinquent
Question 6367 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Timely repayment of loans means

A
Good reputation
B
No tension
C
Easily availability of loan in future
D
All of above
Question 6368 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Variable interest rates are NOT

A
low-risk
B
cheap
C
different every month
Question 6369 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Nancy just moved to town and wants to open up an account for her daughter Morgan. What type of account can be opened for her daughter?
A
Checking
B
Savings
C
Money Market Account
D
Custodial Account
Question 6370 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
to take money out of the bank
A
Deposit
B
Overdraw
C
Withdraw
D
Balance
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