BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The president who appears on the $5 note is:
A
George Washington
B
Woodrow Wilson
C
Thomas Jefferson
D
Abraham Lincoln
Explanation: 

Detailed explanation-1: -The $5 note features a portrait of President Abraham Lincoln on the front of the note. The vignette on the back of the note changed in 1929 to feature the Lincoln Memorial.

Detailed explanation-2: -Answer and Explanation: Abraham is on the $5 bill, as well as on the penny, due to his achievements as a leader during the US Civil War.

Detailed explanation-3: -1914: The first $5 Federal Reserve Note was issued with a portrait of Lincoln on the obverse and vignettes of Columbus sighting land and the Pilgrim’s landing on the reverse.

Detailed explanation-4: -The $5 note features a portrait of President Lincoln on the front of the note and a vignette of the Lincoln Memorial on the back of the note.

Detailed explanation-5: -Money now in circulation bears the images of seven U.S. presidents-George Washington on the $1 bill and quarter coin, Thomas Jefferson on the $2 bill and nickel, Abraham Lincoln on the $5 bill and penny, Andrew Jackson on the $20 bill and Ulysses S. Grant on the $50 bill.

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