Banking General knowledge for RBI Assistant [TEST-5]

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G.K. Questions on Banking

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Question 521

This type of money is considered legal tender and gets its value from the people's faith in the government.

A
commodity money
B
representative money
C
fiat money
D
gold standard
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Question 522

A ..... is needed when adding funds to a bank account in person.

A
deposit slip
B
signature card
C
check
D
check register
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Question 523

Unfortunately, the bank has just ..... my request for a line of credit.

A
accepted
B
denied
C
put forward
D
eliminated
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Question 524

Money of another country

Bank exam interview questions answers
A
insurance
B
refund
C
bargain
D
foreign currency
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Question 525

Choose the best answer:


What makes mobile banking somewhat less secure than regular online banking?

A
Mobile banking apps are inherently less secure than banking programs on a computer.
B
Mobile devices can be lost or stolen more easily than a computer, such as a laptop.
C
Confidential financial information entered into a mobile device may be visible to people in the vicinity.
D
Unlike with computers, mobile banking apps store personal financial information and share it with other apps.
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Question 526

Which institutions charge the highest interest rates on loans?

A
Pawn shops
B
correctchoice Payday lenders
C
Schools
D
correctchoice Finance companies
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Question 527

Signature cards are the only way to verify a signature.

Bank exam interview questions answers
A
True
B
False
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Question 528

Which of the following is TRUE about checks?

Hint: there are 2 correct answers

Bank exam interview questions answers
A
The amount of money is written both numerically and in words
B
When paying by check the money instantly comes out of your checking account
C
Checks should show up on your bank statement within 100 days
D
correctchoice You should endorse the back by signing it when depositing a check.
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Question 529

What are the benefits of using a debit card? (more than one correct answer)

A
It is like using your own cash and it's convenient.
B
There is no overdraft fee.
C
There is no interest fee.
D
correctchoice You can check and track down your transactions.
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Question 530

What is the name of this symbol, which makes a note sound 1/2 step lower than written?

Bank exam interview questions answers
A
Flat
B
Sharp
C
Natural
D
Double Sharp
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