Banking General knowledge for IBPS RRB (CWE RRB) [TEST-10]

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G.K. Questions on Banking

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Question 1411 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What may happen if a standardized master agreement is printed out and used for an unusual exotic financial transaction?

A
This is very widespread in financial markets, because creates no problems
B
Lawyers do not recommend to do it, because this may invalidate a contract
C
Investment banks prefer to do this, because this saves time, money and effort while courts will recognize this contract as enforceable
D
No financial institution would do that, because they mostly conclude contracts orally
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Question 1412 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The main job of the Federal Reserve is maintain-
A
price stability
B
promote inflation
C
promote recession
D
reserve federal spending
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Question 1413 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
You purchased new headphones at Best Buy. Where on the check would you write "Best Buy"?Bank exam interview questions answers
A
2
B
3
C
5
D
7
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Question 1414 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

The main advantage of usuing credit is

A
you never have to pay for anything
B
it makes you look "big" in front of your friends
C
it lets you enjoy goods and services now and pay later
D
it lets you pay now and enjoy services and goods later
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Question 1415 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Typically has less fees and lower interest rates

A
Credit Union
B
Bank
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Question 1416 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Max studies .....home everyday.
A
in
B
at
C
on
D
under
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Question 1417 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is it?Bank exam interview questions answers
A
toonie
B
loonie
C
dime
D
nickel
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Question 1418 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Banking companies act .....

A
1948
B
`1949
C
1947
D
1945
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Question 1419 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Pilih pernyataan mengenai kaedah kawalan tunai yang betul. (pilih 2 jawapan)

A
segala penerimaan mestilah dibankkan pada hari yang sama
B
segala urus niaga tunai dipertanggungjawabkan kepada seorang kerani sahaja
C
segala penerimaan tunai atau cek tidak perlu disokong oleh dokumen sumber
D
correctchoice pemeriksaan rekod perakaunan secara terkejut harus dilakukan dari semasa ke semasa
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Question 1420 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Is it safe to keep your money in the bank?

A
Yes
B
No
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