Banking General knowledge for IPPB Recruitment [TEST-2]

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G.K. Questions on Banking

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Question 2531 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Purchases made with your debit card are usually:

A
deducted immediately from your checking account
B
deducted from your credit card balance
C
added to your credit card balance
D
put on your credit card bill as a cash advance
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Question 2532 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What is a minimum interest rate?

Bank exam interview questions answers
A
This is the discount rate, at which the central bank makes secured loans to government
B
This is the discount rate, at which the central bank makes secured loans to individuals
C
This is the discount rate, at which the central bank makes secured loans to business
D
This is the discount rate, at which the central bank makes secured loans to commercial banks
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Question 2533 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
what is a public victory?
A
causing an unnecessary scene. Disturbing peace
B
achieving something in private that means alot to you
C
doing something illegal in public
D
Triumps that are visible and occur in the public eye. We are our biggest competitor; no one can hold us back like we can ourselves.
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Question 2534 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

The first Islamic bank established was Bank Islam Malaysia Berhad, which commenced operations on

A
1 July 1983
B
7 April 1983
C
8 Mac 1983
D
6 January 1983
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Question 2535 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Money is used because:

A
It serves as a unit of account
B
Good 'store of value'
C
Makes lending and borrowing easy, compared to using 'things'
D
All of the above
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Question 2536 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

Money is demanded for speculative motives in order to

.....

A
generate profit from the change in price of bonds and speculated change in interest.
B
overcome any uncertainty in the price of goods and services.
C
purchase goods and services that are difficult to obtain in the market.
D
avoid the risk of a drop in the value of money.
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Question 2537 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Suppose that Captain Crunch bank has a customer deposit $5,000 and the bank's excess reserves go up by $4,000. The reserve ratio is
A
10%
B
$1,000
C
20%
D
40%
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Question 2538 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

The functions of assist in leveraged buyouts by investment bank are considered as .....

A
Merger & Acquisition Advisory
B
Risk Management
C
Corporate Finance
D
Sales & Trading
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Question 2539 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
signing the back of a check that is written to you
A
endorse
B
reconciliation
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Question 2540 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]

What`s this?

Bank exam interview questions answers
A
It`s a grey square.
B
It`s a green circle.
C
It`s a green square.
D
It`s a green rectangle.
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