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4
Q:

The main components of market risk are 

a) Liquidity risk     b) Interest rate risk       c) Currency risk

A) Only a B) both a and b
C) only c D) all a, b and c

Answer:   D) all a, b and c



Explanation:
Subject: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO
Related Questions
Q:

Who is responsible to pay back all debts?

A) government B) spouse
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) government

Explanation:
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0 1394
Q:

Purchase return and allowances is a contra account

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

Purchase return and allowances is a contra account to purchases.

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0 1414
Q:

In which of the following cases will total revenue increase?

A) Price rises and demand is inelastic B) Price falls and supply is inelastic
C) Price rises and demand is elastic D) Price falls and demand is inelastic
 
Answer & Explanation Answer: A) Price rises and demand is inelastic

Explanation:

In the case of, "Price rises and demand is inelastic", the total revenue increases.

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1 1337
Q:

Transfer payments are included in

A) Government subsidies B) GDP
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) Government subsidies

Explanation:

Transfer payments are included in GDP and not in GDP.

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1 1421
Q:

Which of the following can increase your credit card’s APR?

A) making credit card payments B) missing credit card payments
C) not using credit card for long time D) All of the above
 
Answer & Explanation Answer: B) missing credit card payments

Explanation:

APR means Annual Percentage Rate. Creditcards apr can be increased when you missed credit card payments.

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0 1276
Q:

The accounting process is correctly sequenced as

A) Identifying→recording→communicating B) Identifying→communicating→recording
C) Communicating→Recording→Identifying D) Recording→Communicating→Identifying
 
Answer & Explanation Answer: A) Identifying→recording→communicating

Explanation:
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0 1400
Q:

Which of the following best describes Accounting?

A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business B) is used only for filling out tax returns and for financial statements for various types of governmental reporting requirements
C) records economic data but does not communicate the data to users according to any specific rules D) is of no use by individuals outside of the business
 
Answer & Explanation Answer: A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business

Explanation:

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. 

Which_of_the_following_best_describes_Accounting1537425183.gif image

Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. 

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0 3282
Q:

The income and substitution effects account for

A) the upward sloping curve B) the downward sloping curve
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) the downward sloping curve

Explanation:
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1 1433