Banking General knowledge for Central Bank of India – IBPS [TEST-4]

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G.K. Questions on Banking

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Question 4231

Which of the following is a type of banking service that allows your principal to grow through the adding in of interest?

A
basic checking account
B
savings account
C
charge account
D
credit account
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Question 4232

Interest earned on interest is called

A
compound interest
B
double interest
C
interest on fire
D
complicated interest
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Question 4233
Bank exam interview questions answers
A
10 miles
B
17 miles
C
48 miles
D
27 miles
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Question 4234
Bill
A
Money that is owed to you.
B
Money that you owe (usually monthly).
C
Your paycheck.
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Question 4235

The speed of the music

A
Dynamics
B
Meter
C
Tempo
D
Instrumentation
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Question 4236

If a bank has to borrow funds from RBI for a long term, which among the following will be applicable?

A
Repo Rate
B
Reverse Repo
C
Bank Rate
D
liquidity Adjustment Facility
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Question 4237
What can cause a high interest rate?
A
A high credit score
B
A low credit score
C
An average credit score
D
Paying your bills early
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Question 4238
What is the full form of UPI
A
Unified Payment Interface
B
Unique Payment Interface
C
United Payment Interaction
D
Unified Processing Interface
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Question 4239

An autopay of $1,400 for the electricity bill for the period January-February 2016 is made by bank but not yet entered in the cash book.

A
Cash bookDr Cash Cr electricity bill
B
Cash bookDr electricity bill Cr Cash
C
Bank Rec. item, Add to bank balance
D
Bank Rec. item, less from cash book bal.
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Question 4240

Why do I need a bank account?

A
To save money
B
Because my teacher says I do
C
correctchoice To pay bills
D
correctchoice To keep my money safe
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