Banking General knowledge for AXIS Bank [TEST-6]

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G.K. Questions on Banking

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Question 3411 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The minimum percentage of a bank's total deposits which is required to be kept the RBI is called :
A
( a) CRR
B
(b) SLR
C
(c) Repo rate
D
(d Reverse repo rate
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Question 3412 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Match the account type with its description.


savings account

A
earns interest and allows unlimited ATM use
B
pays higher interest than a savings account
C
restricts access to funds through withdrawals
D
does not earn interest and has a low minimumbalance requirement
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Question 3413 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Bank accounts can be used to deposit, save and store money?

A
True
B
False
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Question 3414 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Camels live in ....., where it is hot and dry.

A
desert
B
feet
C
coat
D
protects
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Question 3415 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is an impact of fish disappearing? Select all that apply.

A
Global warming
B
Jobs and economies can disappear
C
correctchoice A major source of protein for humans is lost
D
Sea levels will rise, flooding coastal areas
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Question 3416 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Inter office adjustment (net) will appear in - - - - the balance sheet of a bank.

A
Other Liabilities only
B
Other Assets only
C
Either under other Liabilities or other Assets.
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Question 3417 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

If I have an account and a debit card, the financial institution will automatically issue me a credit card, too.

A
true
B
false
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Question 3418 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Amount directly deposited by customers into Bank but no information received will increase Pass book balance.

A
True
B
False
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Question 3419 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Which type of interest is going to be better for your savings in the long run?

A
Compound Interest
B
Simple Interest
C
Inflation Interest
D
Genuine Interest
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Question 3420 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Embouchure

A
a weird French word
B
The shape of your mouth around the mouthpiece
C
baguette
D
melodies in an ascending direction
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