Banking General knowledge for IDBI PO [TEST-11]

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G.K. Questions on Banking

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Question 2741 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

A document that is sent monthly that summarizes all transactions is...

A
Assests
B
ATM
C
Overdraft
D
Statement
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Question 2742 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

The term bank is derived from Italian word

A
Banque
B
Banco
C
Money
D
Banking
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Question 2743 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Identify two things a bank you look for when you are opening an account?

A
Proof of Address
B
Proof of Irish Citizenship
C
Age Card
D
correctchoice Personal Public Service Number
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Question 2744 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Kim K. deposits $200 in her checking account. Later that day Kanye gets a loan for $3,000 from the same bank. What happens to the money supply
A
increases by $200.
B
increases by $2800.
C
decreases by $3000.
D
increases by $3000.
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Question 2745 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where do Banks get the money they use to loan out to others?
A
The Government
B
The Federal Reserve
C
Other Banks
D
The Savings of Depositers
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Question 2746 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Which of the following types of credit does not require successive applications?

A
Tax loans
B
Cash advances
C
Marriage loans
D
Travel loans
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Question 2747 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

It is how you intend to communicate to large numbers of customers, motivating them to learn more about your business. (Example: advertising is a marketing tool.)

A
selling
B
marketing
C
commercial
D
social media
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Question 2748 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The buying an selling of government securities in financial markets is an example of
A
open market operations
B
prime rate
C
discount rate
D
tight money policy
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Question 2749 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Jordan had a balance of $546.24 in his checking account. He wrote a check for $100.35. What is his new balance?

A
645.63
B
445.89
C
646.59
D
446.85
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Question 2750 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Savings accounts typically offer more interest than what type of account?

A
Retirement account
B
Money market account
C
Checking account
D
Certificate of deposit
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