Bank Clerk Questions


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
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

I have four fingers and a thumb, but not alive.

Who am I?

Answer

A glove. It has 5 fingers as we have but not alive.

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Subject: Logic Puzzles Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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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:

____________has became the second city in the country, and the first in south India, to have a full-fledged Metro rail.

A) Bangalore B) Chennai
C) Kerala D) Hyderabad
 
Answer & Explanation Answer: A) Bangalore

Explanation:

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.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk

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Q:

A manometer is used to measure

A) earthquake B) pressure
C) temperature D) density
 
Answer & Explanation Answer: B) pressure

Explanation:

A manometer is used to measure a pressure difference between two points.

a_manometer_is_used_to_measure1553165853.png image

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

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Q:

Which of the following is an example of system software?

A) Microsoft word B) Calculator
C) Operating system D) RAM
 
Answer & Explanation Answer: C) Operating system

Explanation:

In a brief, the system software is the interface between the hardware and user applications. System software is a type of computer program that is designed to run a computer’s hardware and application programs.

 

Examples : OS, System utilities, BIOS like mouse, keyboard, hard disc, Device drivers, Assembler,...

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Q:

Which process allows water to enter the atmosphere?

A) Transpiration B) Respiration
C) Condensation D) Evaporation
 
Answer & Explanation Answer: D) Evaporation

Explanation:

Evaporation is the process that allows water to enter into the atmosphere.

Sunlight turns liquid water into water vapor which then rises higher into the atmosphere and forms into clouds.

 

Plants, too, help water get into the atmosphere through a process called transpiration.

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

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Q:

The perimeter of a rectangle whose length is 6 m more than its breadth is 84 m. What will be the area of the rectangle?

A) 333 sq.mts B) 330 sq.mts
C) 362 sq.mts D) 432 sq.mts
 
Answer & Explanation Answer: D) 432 sq.mts

Explanation:

Let the breadth of the rectangle = b mts

Then Length of the rectangle = b + 6 mts

Given perimeter = 84 mts

2(L + B) = 84 mts

2(b+6 + b) = 84

2(2b + 6) = 84

4b + 12 = 84

4b = 84 - 12

4b = 72

b = 18 mts

=> Length = b + 6 = 18 + 6 = 24 mts

 

Now, required Area of the rectangle = L x B = 24 x 18 = 432 sq. mts

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

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