Bank Exams Questions

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Edward Thorndike (1874 - 1949) is famous in psychology for his work on learning theory that lead to the development of operant conditioning within behaviorism.

Thorndike (1898) studied learning in animals (usually cats). He devised a classic experiment in which he used a puzzle box to empirically test the laws of learning.

Suppose the merchant will take advantage of the cash discount of 4% of $20 000 = $800 by paying the bill within 30 days from the date of invoice. He needs to borrow $20 000 = $800 = $19 200. He would borrow this money on day 30 and repay it on day 100 (the day the original invoice is due) resulting in a 70-day loan. The interest he should be willing to pay on borrowed money should not exceed the cash discount $800.

r=I/pt=21.73%

The highest simple interest rate at which the merchant can afford to borrow money is 21.73%. This is a break-even rate. If he can borrow money, say at a rate of 15%, he should do so. He would borrow $19 200 for 70 days at 15%. Maturity value of the loan is $19 200(1+0.15(70/365))=$19 752.33

savings would be $20 000 − $19 752.33 = $247.67

Dry ice is solid form of carbon dioxide, used as a cooling agent.

It lower temperature than that of water ice and not leave any residue.

Thiruvananthapuram also known as Trivandrum, is the capital and the largest city of the Indian state of Kerala is named after the snake Anantha of Lord Vishnu.

IUPAC stands for International Union of Pure and Applied Chemistry.

A chemical nomenclature is a set of rules to generate systematic names for chemical compounds. The nomenclature used most frequently worldwide is the one created and developed by the International Union of Pure and Applied Chemistry (IUPAC).

A device which is used to convert light energy directly into electrical energy is called as photovoltaic cell or a solar cell.

Heliostats convert light energy into heat energy.

A thermocouple is a device for measuring temperature.

Ramdev promoted Patanjali Ayurveda and Reliance Jio have featured among the top 10 most influential brand in India, according to a study by the global research firm Ipsos.

Home grown Patanjali and Mukesh Ambani’s controlled Reliance Jio have bagged the fourth and ninth position, respectively. Interestingly, Patanjali and Reliance Jio made an impressive entry as they did not figure in the previous edition of the study.

Besides, Google has been ranked at the top slot while Microsoft and Facebook were ranked at number two and three, respectively. State Bank of India (SBI) being the only financial institution that made to the list, moved up four ranks to take the fifth position. E-commerce player Flipkart dropped three spots to take the tenth place while Amazon climbed couple of steps to take the sixth place. Other companies that made to the list include Samsung (7th) and Airtel (8th).