GK Bank Exam Questions Answers

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G.K. Questions on Banking

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

How do Banks make money on loans?

A
Credit Card
B
Flat Loan Fee
C
Interest Rates
D
They don't make money
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Debit Balance as per Cash book shows:

A
Bank withdrawls are more than deposits.
B
b) Bank withdrawls are less than deposits
C
c) Bank deposits are less than withdrawls.
D
d) All of the above
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Financial derivatives instruments in banks must only be used for speculative or investment purposes.

A
True
B
False
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Interest is...(choose 2!)

A
A reward for saving
B
A fee for saving
C
A reward for borrowing
D
correctchoice A fee for borrowing
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

However, if the container of the gas is flexible enough to allow .....?

A
Expansion
B
Faster
C
Matter
D
Volume
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