Banking General knowledge for Corporation Bank – IBPS [TEST-12]

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G.K. Questions on Banking

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Question 4431 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Saufi invested RM 25,000 for a period of 8 years. He was offered 6.5% per annum simple interest rate for the first three years and 8% per annum for the entire period. Find the simple interest earned.

A
RM 14,875
B
RM 34,875
C
RM 54,875
D
RM 29,000
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Question 4432 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Using the SIMPLE INTEREST FORMULA (PxRxT), calculate the interest if Pound 1,000 was kept in a savings account for five years at 3% interest.

A
Pound 30
B
Pound 50
C
Pound 120
D
Pound 150
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Question 4433 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The main goal of savings account is to .....
A
Spurge
B
Spend
C
Save
D
Sing
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Question 4434 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Banking business should be engaged in the following activities EXCEPT:

A
The conduct of current accounts.
B
The payment of cheques drawn on bankers.
C
The collection of cheques for customers.
D
The conduct of monitoring share market.
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Question 4435 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Find the unit rate of $97.50 for 15 pizzas.
A
$6 per pizza
B
$82.50 per pizza
C
$5.50 per pizza
D
$6.50 per pizza
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Question 4436 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What does PIN stand for?

A
Personal Item Number
B
Personal Identification Number
C
Personal Item Name
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Question 4437 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
At the market, 7 apples cost $4.55. What is the cost per apple?Bank exam interview questions answers
A
1.54 apples per dollar
B
1.54 dollars per apple
C
$0.65 per apple
D
not here
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Question 4438 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Piano means
A
gentle
B
fierce
C
quiet
D
loud
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Question 4439 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Bank Reconciliation Statement is prepared to reconcile

A
the balance of cash column and bank column of cash book
B
the balance of bank column of cash book and the balance in pass book
C
the balance of pass book with Profit and Loss account of the firm
D
the balance of cash book with Profit and Loss account of the firm
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Question 4440 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What kind of interest includes "interest paid on interest"?

A
simple interest
B
compound interest
C
complex interest
D
profit
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