This quiz works best with JavaScript enabled. Home > Banking > Banking And Financial Institutions > Banking And Financial Institutions – Quiz 33 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking And Financial Institutions Quiz 33 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. An investment bank helps ..... issue securities A) A Corporation. B) Government. C) Foreign governments. D) None of above. Show Answer Correct Answer: A) A Corporation. 2. The national savings certificate are issued by ..... A) State of of India. B) Reserve Bank of India. C) Postal bank of india. D) None of the above. Show Answer Correct Answer: C) Postal bank of india. 3. Every time Angela receives her paycheck, it comes with a list of information attached about where her money came from and other things such as tax deductions. The part of the check containing this information is a: A) Check Stub. B) Check Number. C) Check Register. D) Certified Check. Show Answer Correct Answer: A) Check Stub. 4. Written order for the bank to pay a specific amount to the person or organization to which the check is written. A) Deposit. B) Finance company. C) Investment bank. D) Check. Show Answer Correct Answer: D) Check. 5. What do you fill out when you want to put money in the bank? A) Check. B) Deposit slip. C) Ticket. D) Form. Show Answer Correct Answer: B) Deposit slip. 6. What is the amount of money required to be stay in an account? A) Maximum Balance. B) Minimum Balance. C) Minimum Deposit. D) Maximum Deposit. Show Answer Correct Answer: B) Minimum Balance. 7. What is it called to make the bank statement and the check register agree? A) Contract. B) Review. C) Reconcile. D) Check. Show Answer Correct Answer: C) Reconcile. 8. Which of the following is a nondepository intermediary? A) Commercial bank. B) Insurance company. C) Savings and loan association. D) Credit union. Show Answer Correct Answer: B) Insurance company. 9. Who created the first Central Bank in the US? A) President Washington. B) Thomas Jefferson. C) Andrew Jackson. D) Alexander Hamilton. Show Answer Correct Answer: D) Alexander Hamilton. 10. What is the goals of FSA? A) Maintain financial stability. B) Provide adequate consumer protection. C) Enhance growth in financial sector. D) All of above. Show Answer Correct Answer: D) All of above. 11. You can request the bank to automatically transfer money from ..... to checking to cover a check that has insufficient funds (but it will cost you) A) Savings. B) Overdraft. C) Loan. D) Credit. Show Answer Correct Answer: A) Savings. 12. Why do you think ratings are helpful to investors? A) They lower potential risk. B) They raise potential risk. C) They improve the yield for investors. D) They help investors judge potential risk. Show Answer Correct Answer: D) They help investors judge potential risk. 13. Which of the following is NOT a source of income for a bank? A) The interest earned by depositors. B) Loan income. C) Investments. D) Fees for services. Show Answer Correct Answer: A) The interest earned by depositors. 14. There are ..... Regional Federal Reserve Banks, and one Federal Reserve Board of Governors. A) 50. B) 4. C) 12. D) 52. Show Answer Correct Answer: C) 12. 15. How do financial institutions make most of their money? A) Fees. B) Interest. C) Mutual Funds. D) Loan Payments. Show Answer Correct Answer: B) Interest. 16. Number the bank gives you to keep track of your money A) Bank. B) Banking account. C) Balance. D) Application. Show Answer Correct Answer: B) Banking account. 17. Savings account, checking accounts, and certificates of deposit are examples of ..... A) Savings Services. B) Payment Services. C) Loan Options. D) Investment Advice. Show Answer Correct Answer: A) Savings Services. 18. On whose suggestion RBI was set up? A) Government of India. B) Hilton Young Commission. C) East India Company. D) Charles John Canning. Show Answer Correct Answer: B) Hilton Young Commission. 19. The main purpose of a consumer finance company is to A) Provide home mortgages. B) Offer interest-earning checking accounts. C) Make loans for durable goods. D) Offer different types of savings plans. Show Answer Correct Answer: C) Make loans for durable goods. 20. When your employer automatically deposits your paycheck into your bank account A) DEPOSIT. B) PAYROLL CHECK. C) ATM. D) DIRECT DEPOSIT. Show Answer Correct Answer: D) DIRECT DEPOSIT. ← PreviousNext →Related QuizzesBanking QuizzesBanking And Financial Institutions Quiz 1Banking And Financial Institutions Quiz 2Banking And Financial Institutions Quiz 3Banking And Financial Institutions Quiz 4Banking And Financial Institutions Quiz 5Banking And Financial Institutions Quiz 6Banking And Financial Institutions Quiz 7Banking And Financial Institutions Quiz 8Banking And Financial Institutions Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books