Common GK Practice Question and Answer

Q:

Which one of the following is not an electronic banking delivery channel?

1618 0

  • 1
    Internet banking
    Correct
    Wrong
  • 2
    Mobile Phone Banking
    Correct
    Wrong
  • 3
    Mobile Van
    Correct
    Wrong
  • 4
    Tele banking
    Correct
    Wrong
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Answer : 1. "Internet banking"

Q:

Which one of the following is a credit card association?

1509 0

  • 1
    India Card
    Correct
    Wrong
  • 2
    Citibank Cards
    Correct
    Wrong
  • 3
    SBI Card
    Correct
    Wrong
  • 4
    Master Card
    Correct
    Wrong
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Answer : 4. "Master Card"

Q:

Which of the following cards has a higher credit risk to the bank?

1359 0

  • 1
    ATM Card
    Correct
    Wrong
  • 2
    Credit Card
    Correct
    Wrong
  • 3
    Debit Card
    Correct
    Wrong
  • 4
    ALL OF THE ABOVE
    Correct
    Wrong
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Answer : 2. "Credit Card"

Q:

Interest payable on Savings Bank?

1108 0

  • 1
    Not regulated by Reserve Bank of India
    Correct
    Wrong
  • 2
    is regulated by the Reserve Bank of India
    Correct
    Wrong
  • 3
    is regulated by the Central Government
    Correct
    Wrong
  • 4
    is regulated by the state governments
    Correct
    Wrong
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Answer : 2. "is regulated by the Reserve Bank of India"

Q:

What type of loan is given by banks for the purchase of luxury goods?

1764 0

  • 1
    Mortgage Loan
    Correct
    Wrong
  • 2
    Housing Loans
    Correct
    Wrong
  • 3
    Sustainable Consumer Goods Loans
    Correct
    Wrong
  • 4
    Consumption loan
    Correct
    Wrong
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Answer : 3. "Sustainable Consumer Goods Loans"

Q:

Which of the following measures does the Reserve Bank of India take to control inflation in our country?

905 0

  • 1
    Increasing repurpose repo rate
    Correct
    Wrong
  • 2
    increase CRR
    Correct
    Wrong
  • 3
    increase in SLR
    Correct
    Wrong
  • 4
    Money supply contraction
    Correct
    Wrong
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Answer : 1. "Increasing repurpose repo rate"

Q:

Fixed and Recurring Deposits?

994 0

  • 1
    estion Add Direction Title
    Correct
    Wrong
  • 2
    are refundable after the agreed period
    Correct
    Wrong
  • 3
    Repayable after death of depositors
    Correct
    Wrong
  • 4
    refundable on demand
    Correct
    Wrong
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Answer : 4. "refundable on demand"

Q:

What is money laundering?

723 0

  • 1
    Change of cash to gold
    Correct
    Wrong
  • 2
    Change in gold to cash
    Correct
    Wrong
  • 3
    Change of money received illegally
    Correct
    Wrong
  • 4
    Change in assets cash
    Correct
    Wrong
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Answer : 3. "Change of money received illegally"

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