Banking General knowledge for AXIS Bank [TEST-11]

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G.K. Questions on Banking

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Question 3461 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
You inherited $300,000 from a long lost uncle. You would like to put the money in a savings account to earn interest. How can you ensure you will access to all of your money if the bank goes out of business?
A
Keep your money in two financial institutions.
B
Keep your money in a savings account with a good interest rate.
C
Keep your money under the mattress; it is safer.
D
Keep $200,000 in a checking account and $100,000 under your matress.
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Question 3462 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A savings account not only keeps your money safe but also adds to it by paying
A
taxes
B
interest
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Question 3463 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

A collection of funds from many individuals and invested in stocks, bonds, and other assets

A
Mutual Fund
B
Stock
C
Stock Split
D
Diversification
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Question 3464 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is $100,000

A
BROKE
B
rich
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Question 3465 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is heterogeneous mixture?Bank exam interview questions answers
A
A
B
B
C
C
D
D
Latest Current affairs Questions answers
Question 3466 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Role of merchant banking is Innovation.

A
False
B
True
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Question 3467 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is the minimum age to open an account without needing an co-signer?

A
16
B
18
C
21
D
no minimum age required
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Question 3468 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Banks control the money supply by

A
restricting the amount of money in circulation
B
lending
C
borrowing
D
printing more money
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Question 3469 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Credit is an important financial tool and can never be seen as dangerous.

A
true
B
false
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Question 3470 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
You should always write down your personal identification number and carry it with your debit card in case you forget the number.
A
True
B
False
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