Banking General knowledge for SBI Clerk [TEST-11]

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G.K. Questions on Banking

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Question 341 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is the term for balancing a company's cash account to its bank account?

A
Account balancing
B
Bank reconciliation
C
Adjustment
D
Cleared balance
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Question 342 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What goes in a heading?
A
Organization Name
B
Date & Time
C
Location
D
All of the above
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Question 343 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Who prepare Bank Reconciliation statement

A
The Accountant of business firm.
B
The bank in which the firm has an account
C
Any person on behalf of the firm
D
None of the above
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Question 344 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
On a debit card, the 16-digit number on the front is called:Bank exam interview questions answers
A
Account Number
B
Expiration Date
C
Verification Number
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Question 345 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is "interest"?

A
Direct deposit
B
Specialized savings
C
Rate earned, compounding method, fee charged.
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Question 346 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Evaporation is what kind of change and WHY?

A
Endothermic because it requires energy
B
Exothermic because it requires energy
C
Endothermic because it releases energy
D
Exothermic because it requires energy
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Question 347 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Date when the New Central Bank Act took effect.

A
June 14 1992
B
June 14, 19193
C
June 14, 1994
D
June 14 1995
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Question 348 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

when banker lends a loan to customer the banker becomes .....

A
Debtor
B
Creditor
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Question 349 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Which of the following pays the highest interest rate?

A
CD
B
savings account
C
checking account
D
money market account
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Question 350 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

You can store valuables at a bank by purchasing the use of a

A
safe deposit box
B
post office box
C
padlock box
D
strong box
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