Bank Clerk Questions

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.

The logical answer for a puzzle is that the letter 'W'.

A rainbow is a spectrum of light that appears in the sky when sunlight is refracted through raindrops or other drops of moisture in the Earth's atmosphere. They have inspired much popular folklore, including the belief that a leprechaun can be found with a pot of gold at the end of a rainbow.

Concatenation of text means adding a word with other word. It can be done using Ampersand (&).

For example :

'Amper' & 'sand' = Ampersand 

A bureaucracy is a way of administratively organizing large numbers of people who need to work together.

The term bureaucracy literally means "rule by desks or offices".

Organizations in the public and private sector, including universities and governments, rely on bureaucracies to function.

Bengaluru has became the second city in the country, and the first in south India, to have a full-fledged Metro rail in operation following the opening of a final 12-km section of the 42-km first phase of the Metro project. The first phase, comprising an 18-km east-west line and a 24-km north-south line, built at a cost of Rs 13,845 crore, was dedicated to the nation by President Pranab Mukherjee at an event in Bengaluru.