Banking General knowledge for IBPS RRB Clerk [TEST-8]

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G.K. Questions on Banking

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Question 791 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What would the total dividend be on 400 shares of KMX? (hint: multiply the "dividend" amount by 400 shares).

Bank exam interview questions answers
A
400
B
56,044
C
0
D
5,955
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Question 792 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Assume that the reserve requirement is 20 percent, but banks voluntarily keep some excess reserves. A $1 million increase in new reserves will result in
A
an increase in the money supply of $5 million
B
an increase in the money supply of less than $5 million
C
a decrease in the money supply of $5 million
D
a decrease in the money supply of more than $5 million
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Question 793 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What are the two types of Banks that are similar?

A
Mutual Banks
B
Retail Banks
C
correctchoice Union Banks
D
Central Banks
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Question 794 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The possibility of losing some or all of a particiular investment.Bank exam interview questions answers
A
risk
B
index
C
industry
D
profit
Bank exam Questions answers
Question 795 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Outstaning checks are checks written by the account owner but have yet to be processed by the bank.

A
True
B
False
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Question 796 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Your friend Aiden has been saving money for several years to buy a new car. He has $25,000 hidden in his closet in a coffee can. What kind of account would you advise him to open to protect his hard earned cash???Bank exam interview questions answers
A
Aiden needs to open a money market account at his bank in order to earn the best interest rate
B
Aiden might consider opening a regular savings account at the credit union.
C
Aiden is foolish if he doesn't open a 529 account asap
D
Aiden should buy Treasury Bills with half of his stash and bonds with the rest of it.
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Question 797 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

This person/entity is responsible for calculating the amount (if any) that is to be paid between the parties, the market value of the transactions, whether any collateral is required to be paid, etc.

A
Financial Conduct Authority
B
Calculation agent
C
Her Majesty
D
correctchoice The seller of the financial product
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Question 798 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Ask Rate is a rate at which Bank .....

A
Buys
B
Sells
C
Negotiate
D
Trade
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Question 799 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Money"s function as a medium of exchange means that .....

A
money is a common denominator for expressing the value of goods and services.
B
money can be used to store wealth.
C
money serves as an acceptable means of payment
D
money is a standard of deferred payment on exchange contracts extending into the future.
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Question 800 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

The Federal Reserve is ....

A
made up of 12 district banks and member banks
B
made up of independent district banks
C
managed by 12 board of directors
D
made up of the President's money
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