Bank Clerk Questions


Q:

The chemical name of common salt is

A) Sodium Chloride B) Potassium Nitrate
C) Sodium Nitrate D) Potassium Chloride
 
Answer & Explanation Answer: A) Sodium Chloride

Explanation:

The chemical name of common salt is Sodium Chloride with a chemical formula NaCl.

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Q:

Compounding interest means interest accrues

A) at variable rates throughout the term B) more quickly than simple interest
C) more slowly than simple interest D) at the same rate as simple interest
 
Answer & Explanation Answer: B) more quickly than simple interest

Explanation:

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)


Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

 

How it grows ::

 

compound_interest1532497613.jpg image

 

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Q:

In which of the following, the cellular power plants - Mitochondria are absent?

A) Bacteria B) Red Algae
C) Brown Algae D) Green Algae
 
Answer & Explanation Answer: A) Bacteria

Explanation:

Mitochondria is absent in Bacteria as well as in Blue Green Algae. They are seen in eukaryotic cells for respiration purpose.

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Filed Under: Biology
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Q:

Which statement describes nuclear binding energy?

A) It is the energy that is required to overcome mass defect. B) It is the result of converting mass to energy.
C) It is the energy that is required to bind protons and neutrons together in a nucleus. D) None of the above
 
Answer & Explanation Answer: A) It is the energy that is required to overcome mass defect.

Explanation:

Nuclear binding energy is the minimum energy that would be required to disassemble the nucleus of an atom into its component parts. These component parts are neutrons and protons, which are collectively called nucleons.

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Filed Under: Chemistry
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Q:

Spongy, porous bone tissue is also called

A) Compact bone B) Bone fissure
C) Yellow bone marrow D) Cancellous bone
 
Answer & Explanation Answer: D) Cancellous bone

Explanation:

Spongy, porous bone tissue is also called cancellous bone.

 

Cancellous bone is found in bones that aren't generally under significant stress like in the shoulder blades, ribs, parts of the skull, and at the ends of long bones.

 

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Filed Under: Biology
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Q:

The concept of due process refers to

A) banking B) justice
C) politics D) economy
 
Answer & Explanation Answer: B) justice

Explanation:

Due process is the legal requirement that the state must respect all legal rights that are owed to a person.

Therefore, due process refers to the criminal justice system operating within the bounds of the law.

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Q:

Which city was adjudged as India's Cleanest City for the third consecutive year as per Swachh Survekshan 2019?

A) Indore B) Mysuru
C) Ambikapur D) Bhopal
 
Answer & Explanation Answer: A) Indore

Explanation:

Indore city was adjudged as India's Cleanest City for the third consecutive year as per Swachh Survekshan 2019.

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Q:

What is the shortcut key to open font dialog box?

A) Ctrl+Shift+F B) Alt+Ctrl+F
C) Alt+Shift+F D) None of the above
 
Answer & Explanation Answer: A) Ctrl+Shift+F

Explanation:

Ctrl+Shift+F Opens the Font dialog box with the focus at the Font combo box.

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