Banking General knowledge for SBI Clerk [TEST-1]

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G.K. Questions on Banking

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Question 241 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

The law that allows for electronic images of checks to be transmitted for processing in place of paper checks is

A
Check 21
B
Truth in Lending Law
C
Murphy's Law
D
Equal Opportunity Banking Law
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Question 242 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

I must have a checking or savings account to get a money order.

A
true
B
false
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Question 243 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Which of these means money going into a bank account?

A
Credit
B
Debit
C
Balance
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Question 244 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Deposits made directly to the bank by customers who owe the business money are already entered in the business's Cash Book.

A
True
B
False
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Question 245 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Bank exam interview questions answers
A
Big
B
Small
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Question 246 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

It is known as the oldest Central Bank

A
Risk Bank of Sweden
B
Bank of England
C
Central Bank of Guatemala
D
Central Bank of the Philippines
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Question 247 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When depositing a check into your account, you should write the check's ABA number on the deposit slip
A
True
B
False
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Question 248 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

The cost of running an online bank rather than a high street branch are....

A
No one knows
B
Less
C
More
D
The same
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Question 249 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Buys and Sells government bonds:

A
Open Market Operations
B
Required Reserve Rate Changes
C
Discount Rate Changes
D
Interest Rate Paid on Reserves
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Question 250 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is a WITHDRAWAL?

A
going without an account
B
adding money to an account
C
transferring money between accounts
D
taking money out of an account
GK (GENERAL KNOWLEDGE) Questions answers
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