Bank PO Questions

Encoding refers to the getting information into memory.

IDBI Bank has launched 'Project Nishchay' in partnership with The Boston Consulting Group (BCG) to accelerate its turnaround programme and improve financial performance.

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.

The logical answer for a puzzle is that the letter 'W'.

A rainbow is a spectrum of light that appears in the sky when sunlight is refracted through raindrops or other drops of moisture in the Earth's atmosphere. They have inspired much popular folklore, including the belief that a leprechaun can be found with a pot of gold at the end of a rainbow.

Concatenation of text means adding a word with other word. It can be done using Ampersand (&).

For example :

'Amper' & 'sand' = Ampersand