Bank Clerk Questions

The India's commerce and industry ministry has started the exercise to revise base year to 2017-18 for computation of wholesale inflation with a view to present more realistic picture of the price situation

In May last year, the government revised the base year for WPI-based inflation to 2011-12 to give a better indication of changes in prices of commodities.

The new index, with 2017-18, is expected to have new items, which would provide a more realistic picture of price rise and its impact on people.

Most of the additions could be in the manufactured products category. Currently, the index has a total of 697 items, including primary articles, fuel and power and manufactured products.

Asset means anything that can be converted into cash. Here in banks, the loans disbursed by Bank to its customers is considered as assets because when they are cleared by them, then they are directly converted to cash.

For a thirsty person, drinking water serves to reduce a drive.

No. Boiling water is not a chemical change. Because in this process it doesn't loss its properties. It just changes its state i.e, from liquid state to gaseous.

Hence, Boiling water is a Physiacl change and not a chemical change.

The minimum age for the post of the chief minister of any state is 25 years.

Shahi Litchi of Bihar recently got a GI tag and got official recognition for Muzaffarpur in Bihar.