# Banking General knowledge for Allahabad Bank – IBPS [TEST-11]

## G.K. Questions on Banking

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 Question 3581 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Which of the following is a disadvantage of instalments?

(1) Interest needs to be paid in each instalment.

(2) Convenient for consumers to buy expensive goods.

(3) The ownership of goods is transferred to consumers only after settling all of the instalments.

 A (1) only B (1) and (2) only C (1) and (3) only D All of the above
 Question 3582 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Liz received $100 for her birthday. Eventually, she wants to make a down payment on a car, so she wants to earn as much interest on her cash as possible.  A savings account B checking account C personal loan Computer science (GATE/NET) Questions answers  Question 3583 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER] Offers Savings and Checking Accounts  A Bank B Credit Union C Both GK (GENERAL KNOWLEDGE) Questions answers  Question 3584 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER] Interest  A The amount you get from a bank when you save or when you borrow money B The amount of money you have in your bank account C How interested you are in the person sitting next to you in class Bank exam Questions answers  Question 3585 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER] What is the daily incoming ACH transfer limit?  A$1,000 B $1,500 C$5,000 D \$10,000
 Question 3586 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A reserve ratio is the:
 A proportion of cash and security reserves the bank needs to hold. B fraction of deposits that the bank is required to hold. C loan to deposit ratio in the bank's balance sheet. D money belonging to the bank's largest depositors.
 Question 3587 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
 A A B B C C D D
 Question 3588 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Mike, Randall, and Roz are from which Disney/Pixer animated film?
 A The Fox and the Hound B Monsters, Inc. C A Bug's Life D The Rescuers