Banking General knowledge for Allahabad Bank – IBPS [TEST-1]

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G.K. Questions on Banking

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Question 3481 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Federal Deposit Insurance Corporation will protect the money in my account up to $.....

A
$45,000
B
$1 million
C
$250,000
D
$550,000
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Question 3482 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Unchanging rate of interest
A
Variable Interest Rate
B
Savings
C
Fixed interest rate
D
Interest
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Question 3483 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

RBI was nationalized on

A
1 April 1935
B
1 Jan 1949
C
1 Jan 1935
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Question 3484 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

CRR (cash reserve ratio ) is defined as that portion of total deposits which a commercial bank is required to keep with.....

A
itself
B
RBI
C
public
D
other banks
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Question 3485 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What is the definition of Income?

A
Something that is owed or that one is bound to pay to or perform for another.
B
A monthly document sent to you by your bank that lists your account balance at the beginning and end of the month, and all of the checks you wrote that your bank has processed during the month.
C
The amount of money in your account that you can use or withdraw.
D
Money earned.
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Question 3486 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The effect of increase in CRR will be reduced or nullified if

A
bank rate is reduced
B
securities are sold in the open market
C
SLR is increased
D
people do not borrow from non-banking institutions
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Question 3487 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
These can only be separated by chemical means.
A
element
B
compound
C
mixture
D
stuff
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Question 3488 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Th name of the Bahamian Central Bank is

A
Central Bank of the Bahamas
B
Commonwealth Bank
C
Bank of The Bahamas
D
First Caribbean Central Bank
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Question 3489 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

information about the behavior and personal lives of other people

A
ACCIDENT
B
MAMMOTH
C
SUMMARIZE
D
GOSSIP
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Question 3490 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Bank's Mission statement- To be a Top ranking national Bank of International standards committed to augmenting stake holders value through .....

A
Concern, excellent service and competence
B
concern, care and customer Centric
C
Customer service, Excellence
D
Concern, Care and Competence
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