Banking General knowledge for RBI Grade B [TEST-7]

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G.K. Questions on Banking

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Question 661 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

An overdraft is when...

A
You deposit money into your account
B
You pay your bills
C
You return something to a store and recieve money back
D
You withdraw more money that you have available in your account
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Question 662 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

A bank account that allows you to add money to the account.

A
Checking Account
B
Deposit Account
C
Savings Account
D
Bank Statement
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Question 663 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Your savings account is most likely used to ..... (pick three).

Bank exam interview questions answers
A
save to buy a car.
B
correctchoice save to go on vacation.
C
correctchoice save to buy a new PS4.
D
pay your bills.
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Question 664 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

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Bank exam interview questions answers
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A
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Bank exam Questions answers
Question 665 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
If the reserve ratio is 25% and Ray deposits $100 in the bank the result will be
A
$400 in money creation.
B
$100 in money creation.
C
$400 in money destruction.
D
$100 in money destruction.
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Question 666 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

anything that has mass and volume

A
mass
B
volume
C
matter
D
density
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Question 667 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is a perfect FICO credit score?

A
800
B
850
C
900
D
950
GK (GENERAL KNOWLEDGE) Questions answers
Question 668 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What are the three functions of money?
A
medium of exchange, store of value, unit of account
B
medium of exchange, store of value, provides barter
C
store of value, medium of exchange, creates instability
GK (GENERAL KNOWLEDGE) Questions answers
Question 669 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What do you need to create an eCheck?

A
your PayPal and your CashApp
B
your bill pay info and your social security number
C
your birth certificate and your home address
D
Your account number and bank routing number
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Question 670 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

A bank reconciliation statement is

A
Part of the cash book
B
Part of Bank account
C
Part of financial statement
D
None of the above
GK (GENERAL KNOWLEDGE) Questions answers
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