Exams


Q:

Most modern Banking Systems are based on

A) commodity money B) 100 percent reserves
C) fractional reserves D) money of intrinsic value
 
Answer & Explanation Answer: C) fractional reserves

Explanation:

Most modern banking systems are based on Fractional reserves.

 

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following is an example of system software?

A) Microsoft word B) Calculator
C) Operating system D) RAM
 
Answer & Explanation Answer: C) Operating system

Explanation:

In a brief, the system software is the interface between the hardware and user applications. System software is a type of computer program that is designed to run a computer’s hardware and application programs.

 

Examples : OS, System utilities, BIOS like mouse, keyboard, hard disc, Device drivers, Assembler,...

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Q:

Which colony was farthest north?

A) Massachusetts B) Virginia
C) Georgia D) New Hampshire
 
Answer & Explanation Answer: A) Massachusetts

Explanation:

There are 13 colonies and are ruled by England.

 

The farthest north colony - Massachusetts

The farthest south colony - Georgia

The oldest colony - Virginia

The colony between the 2 parts of Massachusetts - New Hampshire

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

I have four fingers and a thumb, but not alive.

Who am I?

Answer

A glove. It has 5 fingers as we have but not alive.

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Subject: Logic Puzzles Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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Q:

What is the distance around a shape called?

A) Volume B) Area
C) Mass D) Perimeter
 
Answer & Explanation Answer: D) Perimeter

Explanation:

The distance around a shape or figure I called Perimeter. A perimeter is a path that surrounds a two-dimensional shape.

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Q:

The perimeter of a rectangle whose length is 6 m more than its breadth is 84 m. What will be the area of the rectangle?

A) 333 sq.mts B) 330 sq.mts
C) 362 sq.mts D) 432 sq.mts
 
Answer & Explanation Answer: D) 432 sq.mts

Explanation:

Let the breadth of the rectangle = b mts

Then Length of the rectangle = b + 6 mts

Given perimeter = 84 mts

2(L + B) = 84 mts

2(b+6 + b) = 84

2(2b + 6) = 84

4b + 12 = 84

4b = 84 - 12

4b = 72

b = 18 mts

=> Length = b + 6 = 18 + 6 = 24 mts

 

Now, required Area of the rectangle = L x B = 24 x 18 = 432 sq. mts

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Filed Under: Area
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.

 

HVJ, NBP, THV, ZNB, ?

 

A) ESG B) GUI
C) FTH D) HVI
 
Answer & Explanation Answer: C) FTH

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.
IJ, PQ, XY, ?

A) DE B) OP
C) GH D) WV
 
Answer & Explanation Answer: C) GH

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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