Bank Clerk Questions


Q:

Who conquered Sind in 712 AD?

A) Arabs B) French
C) Greeks D) Mongols
 
Answer & Explanation Answer: A) Arabs

Explanation:

By 712 AD, Arabs conquered Sindh.

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

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Q:

What does the APR on a credit card determine?

A) fee paid by bank for deposits B) fee paid for borrowing money
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) fee paid for borrowing money

Explanation:

A credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

APR1531898775.jpg image

Your APR is expressed in terms of a year, but credit card companies use it to calculate charges over your monthly statement period.

apr_(1)1531898786.jpg image

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

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Q:

Which ministry has started the exercise to revise base year to 2017 - 2018 for computation of wholesale inflation?

A) Ministry of Commerce and Industry B) Ministry of Finance
C) Ministry of Corporate Affairs D) All the above
 
Answer & Explanation Answer: A) Ministry of Commerce and Industry

Explanation:

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.

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

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Q:

Define Budgetary Control ?

Answer

Budgetary Control is establishment of budgets and the continuous comparison of actual results with the planned results. It computes the variances and after that management takes necessary actions to maintain favorable variations, through revision of the budgets.

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Subject: Bank Interview Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

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Q:

Can anyone solve this in 20 seconds?

Answer

3 + 5 + 6  = 151872


3x5, 3x6, Rev of (3x5 + 3x6 - 6) 


 


5 + 5 + 6  = 253094


5x5, 5x6, Rev of (5x5 + 5x6 - 6)


 


Similarly,


9x4 = 36


9x7 = 63


So 36 + 63 = 99


From 99 - 7 =  92


Reverse of 92=29


 


Hence, 9 + 4 + 7 =  366329.

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Subject: Math Puzzles Exam Prep: Bank Exams
Job Role: Bank Clerk , Bank PO

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Q:

RBI issued currency notes under which system

A) Maximum Fiduciary System B) Proportional Reserve System
C) Fixed Fiduciary System D) Fixed Minimum Reserve System
 
Answer & Explanation Answer: D) Fixed Minimum Reserve System

Explanation:

RBI issued currency notes under Fixed Minimum Reserve System.

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

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Q:

What document is the supreme law of the land?

A) The constitution B) The senate
C) The bill D) All of the above
 
Answer & Explanation Answer: A) The constitution

Explanation:
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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following activities are examples of data gathering?

A) Counting the votes in an election to determine the next governor B) Making a pie chart showing the kinds of television sets owned by people in a sample of 1,000
C) Finding the mean weight of cancer patients in a study D) Using the results of a mathematical model to predict the next day's weather
 
Answer & Explanation Answer: A) Counting the votes in an election to determine the next governor

Explanation:

Option A) "Counting the votes in an election to determine the next governor"  is the only one where data gathering is done.

 

In all other options, data is already collected and now analyzing of data is going on.

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