Lotus Bank Test Questions and Answers

Lotus Bank Test Questions and Answers

Here are 20 multiple-choice test questions related to banking, specifically focused on Lotus Bank:

What year was Lotus Bank founded?

a) 1985

b) 1998

c) 2003

d) 2010

Answer: b) 1998

Which of the following is not a service provided by Lotus Bank?

a) Personal loans

b) Mortgage services

c) Travel insurance

d) Credit card processing

Answer: c) Travel insurance

Who is the current CEO of Lotus Bank?

a) John Smith

b) Sarah Johnson

c) David Thompson

d) Emily Chen

Answer: d) Emily Chen

What is the Lotus Bank slogan?

a) "Your Trusted Financial Partner"

b) "Banking for the Future"

c) "Making Your Dreams Come True"

d) "Serving Communities Since Day One"

Answer: a) "Your Trusted Financial Partner"

Which of the following is a digital banking service offered by Lotus Bank?

a) Lotus Pay

b) Lotus Secure

c) Lotus Cash

d) Lotus Gold

Answer: a) Lotus Pay

How many branches does Lotus Bank currently have?

a) 12

b) 24

c) 36

d) 48

Answer: c) 36

What is the minimum age requirement to open a savings account at Lotus Bank?

a) 16 years

b) 18 years

c) 21 years

d) 25 years

Answer: b) 18 years

What is the interest rate offered on Lotus Bank's fixed deposit accounts?

a) 2.5%

b) 3.25%

c) 4%

d) 5.75%

Answer: c) 4%

Which international financial institution acquired Lotus Bank in 2015?

a) World Bank

b) International Monetary Fund (IMF)

c) Asian Development Bank (ADB)

d) International Finance Corporation (IFC)

Answer: d) International Finance Corporation (IFC)

Which of the following is not a core value of Lotus Bank?

a) Integrity

b) Innovation

c) Collaboration

d) Profit Maximization

Answer: d) Profit Maximization

What is the Lotus Bank customer service phone number?

a) 1-800-123-4567

b) 1-888-555-7890

c) 1-877-987-6543

d) 1-866-543-2109

Answer: c) 1-877-987-6543

Which country is the headquarters of Lotus Bank located in?

a) United States

b) United Kingdom

c) Australia

d) Singapore

Answer: d) Singapore

Which of the following is a type of account offered by Lotus Bank?

a) Lotus Rewards Account

b) Lotus Vacation Account

c) Lotus Health Account

d) Lotus Entertainment Account

Answer: a) Lotus Rewards Account

What is the maximum daily withdrawal limit for Lotus Bank's ATM cards?

a) $500

b) $1,000

c) $2,000

d) $5,000

Answer: c) $2,000

Which of the following is not a feature of Lotus Bank's mobile banking app?

a) Fund transfers

b) Bill payments

c) Credit card applications

d) Balance inquiries

Answer: c) Credit card applications

What is the Lotus Bank's official website domain?

a) www.lotusbanking.com

b) www.lotusbankonline.com

c) www.lotusbank.org

d) www.lotusbank.net

Answer: b) www.lotusbankonline.com

Which regulatory authority oversees Lotus Bank's operations?

a) Federal Reserve System (FRS)

b) Securities and Exchange Commission (SEC)

c) Office of the Comptroller of the Currency (OCC)

d) Consumer Financial Protection Bureau (CFPB)

Answer: c) Office of the Comptroller of the Currency (OCC)

What is the Lotus Bank's standard overdraft fee?

a) $15

b) $25

c) $35

d) $50

Answer: c) $35

Which of the following is not an investment product offered by Lotus Bank?

a) Mutual funds

b) Stocks and bonds

c) Real estate investment trusts (REITs)

d) Cryptocurrencies

Answer: d) Cryptocurrencies

What is the Lotus Bank's tagline?

a) "Banking Made Easy"

b) "Your Success, Our Priority"

c) "Growing Together"

d) "The Future of Banking"

Answer: c) "Growing Together.