Bank Clerk Questions


Q:

Commercial banks are funded through which of the following?

A) Customer deposits B) Services
C) Stock holders D) Government funding
 
Answer & Explanation Answer: A) Customer deposits

Explanation:

A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.

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

5 15170
Q:

A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?

A) Rs. 620 B) Rs. 654
C) Rs. 725 D) Rs. 747
 
Answer & Explanation Answer: A) Rs. 620

Explanation:

Let the C.P of one item is Rs. P
and that of other is Rs. (7500 - P)

According to the data given
C.P = S.P
=> Px(116/100) + (7500-P)x(86/100) = 7500
=> 30P = 105000
=> P = 3500

Required difference between selling prices
= Rs. [(3500/100) x 116] - [(4000/100) x 86]
= 4060-3440
= Rs. 620

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

15 15146
Q:

Sum of the ages of Rajesh, Suresh, Mahesh and Dinesh is 76 years. 7 years hence, their age ratio is 7:6:5:8. Find Mahesh’s present age ?

A) 17 years B) 13 years
C) 14 years D) 16 years
 
Answer & Explanation Answer: B) 13 years

Explanation:

Given R + S + M + D = 76

=> R+7 : S+7 : M+7 : D+7 = 7:6:5:8

=> Let the ratio = x

=> M+7 = 5x

=> M = 5x-7

=> R = 7x-7

=> S = 6x-7

=> D = 8x-7

=> R + S + M + D = 76

=> 7x-7 + 6x-7 + 5x-7 + 8x-7 = 76

=> 26x - 28 = 76

=> 26x = 104

=> x = 4

=> Mahesh's present age = 5x-7 = 20 - 7 = 13 years.

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Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

23 15106
Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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

7 15100
Q:

Two bike riders ride in opposite directions around a circular track, starting at the same time from the same point. Biker A rides at a speed of 16 kmph and biker B rides at a speed of 14 kmph. If the track has a diameter of 40 km, after how much time (in hours) will the two bikers meet?

A) 6.52 B) 8.14
C) 4.18 D) 5.02
 
Answer & Explanation Answer: C) 4.18

Explanation:

Distance to be covered = πD = 40π km 

Relative speed of bikers = 16 + 14 = 30 kmph.

 

Now, time=distancespeed =  40π30 = 4.18 hrs.

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Filed Under: Time and Distance
Exam Prep: CAT
Job Role: Bank Clerk

21 15069
Q:

Some children goto ice-cream shop. 9 flavours are available there. Each child takes a cone with two different flavours. No two children take same combination and they have taken all such possible combinations. How many children went to ice cream shop ?

A) 28 B) 56
C) 44 D) 36
 
Answer & Explanation Answer: D) 36

Explanation:

Given there are 9 flavours of ice creams.

 

Each child takes the combination of two flavours and no two children will have the same combination

 

This can be done by  ways i.e children.

 

Number of children=C29  = 9 x 8 / 1x 2 = 36.

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Filed Under: Permutations and Combinations
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

4 15064
Q:

Who called Subhash Chandra Bose as Desh Nayak?

A) Rabindranath Tagore B) Mahatma Gandhi
C) Bal Gangadhar Tilak D) Lala Lajpat Rai
 
Answer & Explanation Answer: A) Rabindranath Tagore

Explanation:

Rabindranath Tagore called Subhash Chandra Bose as Desh Nayak for the first time.

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

26 15053
Q:

Which of the following is not a function of a Warehouse?

A) Ensuring Profit B) Stabilisation in price
C) Risk-bearing D) Storage
 
Answer & Explanation Answer: A) Ensuring Profit

Explanation:
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2 15047