Bank Clerk Questions


Q:

Financial statements are prepared in the following order.

A) Income statement - Balance sheet - Statement of retained earnings B) Income statement - Statement of retained earnings - Balance sheet
C) Balance sheet - Statement of retained earnings - Income statement D) Statement of retained earnings - Balance sheet - Income statement
 
Answer & Explanation Answer: B) Income statement - Statement of retained earnings - Balance sheet

Explanation:

The financial statements should be prepared in the following order:


Income statement - Statement of retained earnings - Balance sheet

 

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

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

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Q:

Is vitamin B12 fat soluble?

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

Vitamin B12 is the only water-soluble vitamin that can be stored in the liver for many years. There are 9 water soluble vitamins.

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Subject: General Science
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

1 3335
Q:

Covalent bonds hold atoms together because they 

A) fill shells without giving atoms much charge B) bring electrons closer to protons
C) Both A & B D) use forces between nuclei as well as forces between electrons
 
Answer & Explanation Answer: C) Both A & B

Explanation:

Covalent bonds hold atoms together because the attraction between the positively charged nuclei and the negatively charged shared electrons is greater than the repulsions between the nuclei themselves.

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Filed Under: Chemistry
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Q:

The term aerotolerant anaerobe refers to an organism that

A) uses oxygen or grows without oxygen. B) requires more oxygen than is present in air.
C) does not use oxygen but tolerates it. D) requires less oxygen than is present in air.
 
Answer & Explanation Answer: C) does not use oxygen but tolerates it.

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT
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4 3335
Q:

(3x + 2) (2x - 5) = ax² + kx + n. What is the value of  a - n + k ?

A) 4 B) 1
C) 5 D) 3
 
Answer & Explanation Answer: C) 5

Explanation:

(3x + 2) (2x - 5) = ax2+kx+n ...............(1)

 

But (3x + 2)(2x - 5) = 6x2-11x-10........(2)

 

so by comparing (1) & (2),

 

we get a= 6, k= -11 , n= -10

 

(a - n + k) = 6 + 10 - 11 = 5.

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

Two cars, a Maruthi and a Toyato, start at the same time in opposite directions from two distinct points A and B. Starting from A, the Maruthi reaches B in 6 hrs 20 minutes and the Toyato starting from B, reaches A in 4 hrs 45 minutes. What is the speed of the Toyato, if the speed of the Maruthi is 60 Km/h?

A) 75 kmph B) 80 kmph
C) 86 kmph D) 90 kmph
 
Answer & Explanation Answer: B) 80 kmph

Explanation:

Let the distance between A and B = D

Given the speed of maruthi = 60 kmph

Maruthi reaches from A to B in 6 hrs 20 min = 6 + 20/60 = 6 1/3 hrs

Now, the distance between A & B = D = speed x time = 60 x 19/3 = 380 kms

As the distance is same for toyato also,

given time for toyato = 4 hrs 45 min = 4 + 45/60 = 4 3/4 = 19/4 hrs

speed of toyato = distance/time = 380/19/4 = 380 x 4/19 = 80 kmph.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Which public sector bank has tied up with Tirumala Milk Products for providing loans to dairy farmers  ?

A) Axis Bank B) ICICI Bank
C) State Bank Of India D) HDFC Bank
 
Answer & Explanation Answer: C) State Bank Of India

Explanation:

The State Bank of India (SBI) has tied-up with Tirumala Milk Products to provide loans to dairy farmers who supply milk to the latter. As per the scheme for financing dairy units, SBI offers loans for construction of shed, and purchase of milch animals, milking machine, and chaff cutter. Apart from this, the bank also provides loans to dairy societies for modernisation and creation of infrastructure such as purchase of automatic milk collection system, purchase of transport vehicles and bulk chilling unit. The Tirumala Milk Products is a South- based company, which was acquired by France-based Groupe Lactalis in 2014.

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Filed Under: General Awareness
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2 3331
Q:

Yoga city in India?

A) Varanasi B) Allahabad
C) Rishikesh D) Amritsar
 
Answer & Explanation Answer: C) Rishikesh

Explanation:

Rishikesh is a city in India’s northern state of Uttarakhand. As the city is renowned as a center for studying yoga and meditation it is called as Yoga city in India.

 

Yoga_city_in_india_-_Rishikesh1561462362.jpg image

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Filed Under: Indian Geography
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