Analyst Questions


Q:

Which statement describes the term salary?

A) Salary refers to the fixed amount paid on a daily basis. B) Salary refers to the varying amount paid on a daily basis.
C) Salary refers to the fixed amount paid on a weekly, bi-weekly, or monthly basis. D) None of the above
 
Answer & Explanation Answer: C) Salary refers to the fixed amount paid on a weekly, bi-weekly, or monthly basis.

Explanation:

A salary is best described as a fixed amount of income that is paid to an individual on a weekly, bi-weekly or monthly basis.

 

A salary can also be described as the annual earnings paid out over a year.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Twenty percent of Karthik’s monthly salary is equal to thirty two percent of Nikitha’s monthly salary. Vipin’s monthly salary is four fifth that of Nikitha’s monthly salary. If Vipin’s annual salary is Rs. 3.84 lakhs, what is Karthik’s monthly salary?

A) 32,000 B) 64,000
C) 40,000 D) 52,000
 
Answer & Explanation Answer: B) 64,000

Explanation:

From the given data,

20% of K = 32% of N

V = 4/5 N

 

Given Vipin's salary = 3.84 lpa = 3.84/12 = 32,000 per month

Now, N = 5/4 x 32000 = 40000

Now K = 32/20 x 40000 = 64000

 

Hence, karthik's monthly salary = Rs. 64000.

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Filed Under: Percentage
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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
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Q:

Disinvestment means-

A) To reduce government share in the FDI B) To reduce the government share in the public sector
C) To reduce government share in Market D) To reduce the government share in the private sector
 
Answer & Explanation Answer: B) To reduce the government share in the public sector

Explanation:

Disinvestment is the action of an organization or government selling or liquidating an asset or subsidiary.

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Filed Under: Bank Interview
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Q:

Gasoline is useful in cars because it has

A) chemical potential energy B) electrical potential energy
C) gravitational potential energy D) kinetic energy
 
Answer & Explanation Answer: A) chemical potential energy

Explanation:

Gasoline is a colorless petroleum-derived flammable liquid that is used primarily as a fuel in spark-ignited internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. It is also called as Petrol. It has chemical potential energy, in combustion it is turned into light, sound, heat and kinetic energy.

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Filed Under: Physics
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Q:

The school principal has received complaints from parents about bullying in the school yard during recess. He wants to investigate and end this situation as soon as possible, so he has asked the recess aides to watch closely. Which situation should the recess aides report to the principal ?

A) A boy is sitting glumly on a bench reading a book and not interacting with his peers. B) Two boys are playing a one-on-one game of basketball and are arguing over the last basket scored.
C) Three boys are huddled over a handheld video game, which isn’t supposed to be on school grounds. D) Four girls are surrounding another girl and seem to have possession of her backpack.
 
Answer & Explanation Answer: D) Four girls are surrounding another girl and seem to have possession of her backpack.

Explanation:

Seeing four girls surrounding another girl, while in possession of her backpack, is the most suspicious of the incidents described.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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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:

Incorporation creates a local government and

A) determines who will serve as mayor and council members. B) divides a state into separate counties with their own leaders.
C) manages the court system on the county and city level. D) creates geographic boundaries for villages, towns, and cities.
 
Answer & Explanation Answer: B) divides a state into separate counties with their own leaders.

Explanation:

Incorporation is a legal process that enables the formation of a local government and divides a state into separate counties with their own leaders.

 

The different counties become self governing entities under the laws of the state in which they fall and are given the authority to function as independent units but within the jurisdiction of the state laws.

 

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Filed Under: Indian Politics
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