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Banking Quiz: Trivia Exam! Ultimate Questions

Question 1 of 3

Q1 . Which of the following is NOT a commonly used term in the context of Banking?

A Investment banking

B Corporate banking

C Retail banking

D Social banking

Q2 . Which of the following maybe the reason for returning a check?

A All of the listed options

B Insufficient funds

C Improper Details

D Signature not clear

Q3 . What is the central bank in the United States called?

A Federal Reserve

B Federal Reserve Board

C Reserve Bank of America

D Bank of America

Q4 . Retail Banking means

A Whole sale Banking

B Banking for Individuals

C Banking for Corporates

D Retail Outlets

Q5 . Which type of account offers the highest returns?

A A savings account

B A savings account

C Basic account

D Basic account

E A money market account

F A money market account

G All of the above

Q6 . Which banks do not accept deposits?

A Commercial banks

B Retail Banks

C Investment banks

D None of the above

Q7 . What is the average rate on savings accounts?

A 5 percent

B 1-3 percent

C 0.5 percent

D 10 percent

Q8 . A credit report is

A A list of your financial assets and liabilities

B Your monthly credit-card statement

C A loan and bill payment history

D Your credit line with your financial institution

Q9 . What is a mutual fund?

A A pool of funds used to purchase securities on behalf of investors

B All of the listed options

C A portfolio of stocks, bonds and other securities

D A collective investment vehicle

Q10 . Which of the following is not a secured loan?

A Equity Loans

B Secured Loans with Savings

C Equity Lines of Credit

D Personal Loans

Q11 . Which of the following is NOT a commonly used term in the context of Banking?

A Investment banking

B Corporate banking

C Retail banking

D Social banking

Q12 . Which of the following maybe the reason for returning a check?

A All of the listed options

B Insufficient funds

C Improper Details

D Signature not clear

Q13 . What is the central bank in the United States called?

A Federal Reserve

B Federal Reserve Board

C Reserve Bank of America

D Bank of America

Q14 . Retail Banking means

A Whole sale Banking

B Banking for Individuals

C Banking for Corporates

D Retail Outlets

Q15 . Which type of account offers the highest returns?

A A savings account

B A savings account

C Basic account

D Basic account

E A money market account

F A money market account

G All of the above

Q16 . Which banks do not accept deposits?

A Commercial banks

B Retail Banks

C Investment banks

D None of the above

Q17 . What is the average rate on savings accounts?

A 5 percent

B 1-3 percent

C 0.5 percent

D 10 percent

Q18 . A credit report is

A A list of your financial assets and liabilities

B Your monthly credit-card statement

C A loan and bill payment history

D Your credit line with your financial institution

Q19 . What is a mutual fund?

A A pool of funds used to purchase securities on behalf of investors

B All of the listed options

C A portfolio of stocks, bonds and other securities

D A collective investment vehicle

Q20 . Which of the following is not a secured loan?

A Equity Loans

B Secured Loans with Savings

C Equity Lines of Credit

D Personal Loans

Q21 . Which of the following is NOT a commonly used term in the context of Banking?

A Investment banking

B Corporate banking

C Retail banking

D Social banking

Q22 . Which of the following maybe the reason for returning a check?

A All of the listed options

B Insufficient funds

C Improper Details

D Signature not clear

Q23 . What is the central bank in the United States called?

A Federal Reserve

B Federal Reserve Board

C Reserve Bank of America

D Bank of America

Q24 . Retail Banking means

A Whole sale Banking

B Banking for Individuals

C Banking for Corporates

D Retail Outlets

Q25 . Which type of account offers the highest returns?

A A savings account

B A savings account

C Basic account

D Basic account

E A money market account

F A money market account

G All of the above

Q26 . Which banks do not accept deposits?

A Commercial banks

B Retail Banks

C Investment banks

D None of the above

Q27 . What is the average rate on savings accounts?

A 5 percent

B 1-3 percent

C 0.5 percent

D 10 percent

Q28 . A credit report is

A A list of your financial assets and liabilities

B Your monthly credit-card statement

C A loan and bill payment history

D Your credit line with your financial institution

Q29 . What is a mutual fund?

A A pool of funds used to purchase securities on behalf of investors

B All of the listed options

C A portfolio of stocks, bonds and other securities

D A collective investment vehicle

Q30 . Which of the following is not a secured loan?

A Equity Loans

B Secured Loans with Savings

C Equity Lines of Credit

D Personal Loans

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