IIBF Exam 6-10

IIBF Exam 6-10

Professional Development

5 Qs

quiz-placeholder

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IIBF Exam 6-10

IIBF Exam 6-10

Assessment

Quiz

Education

Professional Development

Medium

Created by

Diwakar Tiwary

Used 2+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

The bank is an

institution which has to accept

deposits from and lend money

to _____.

All members of society or public

Middle class of society

Rich class of society

Poor class of society

2.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

The major source of

banking profit is the ______

Commission earned on insurance

products

Interest income from loans and

advances

Fee charged for remittance services

Commission earned on sale of

mutual funds

3.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Which of the following is

an important feature of a Saving

Bank Deposits account in Banks?

Convenience of depositing

Ease to withdraw in times of need

Nomination facility

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Which of the following

services is not among the

miscellaneous services provided

by the banks?

Escrow services

Safe custody services

Trusteeship and executor services

Real estate agency services

5.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

A fixed deposit

is classified as _______

Demand deposit

Loan product

Term deposit

None of the above