What you know about bank

Question

Accepted Answer

A bank is a financial institution that provides various services such as accepting deposits, lending money, and facilitating financial transactions.

Banks play a crucial role in the economy by providing a safe place for individuals and businesses to deposit their money.
They offer various types of accounts such as savings accounts, checking accounts, and certificates of deposit.
Banks provide loans to individuals and businesses for various purposes such as buying a home, starting a business, or financing education.
They facilitate financial transactions through services like wire transfers, electronic fund transfers, and issuing credit and debit cards.
Banks also offer investment services such as mutual funds, retirement accounts, and brokerage services.
They are regulated by government authorities to ensure stability and protect customers' deposits.
Examples of banks include JPMorgan Chase, Bank of America, and Wells Fargo.

Accepted Answer

Good working in bank account opening

Top HR questions asked in DCB Bank Field Verification Associate