Bank PO Questions


Q:

Who has been elected as Chairman and CEO of KPMG India in 2017 ?

A) Richard Rekhy B) John Veihmeyer
C) Subir Moitra D) Arun M Kumar
 
Answer & Explanation Answer: D) Arun M Kumar

Explanation:

KPMG in India announced the election of Arun M. Kumar as Chairman and Chief Executive Officer of the firm for a five-year term, on February 5, 2017.
Arun Kumar succeeds Richard Rekhy, who led the firm as CEO for over four years. Arun Kumar was elected by the KPMG India Board and ratified by the India Partners. The firm executed a well-defined governance process for the selection of the CEO that aligns with the objective of building on its success as well as attracting the best talent available for this role. Arun Kumar brings a wealth of international leadership experience to KPMG India, including his tenure in public service in the United States for the last three years as Assistant Secretary of Commerce for Global Markets and Director General of US and Foreign Commercial Service in the Obama Administration.

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

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Q:

A retirement benefit of $12,000 is to be paid every 6 months for 25 years at interest rate of 7% compounded semi-annually. Find

(a) the present value to fund the end-of-period retirement benefit.

(b) the end-of-period semi-annual payment needed to accumulate  the value in part (a) assuming regular investments for 30 years in an account yielding 8% compounded semi-annually

A) 245678 B) 234689
C) 281468.06 D) 234578
 
Answer & Explanation Answer: C) 281468.06

Explanation:

 

 

 

 

 

 

R=S[i/(1+i)^n-1]

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Who is competent to dissolve the Rajya Sabha?

A) The President B) The Rajya Sabha Chairman
C) The joint session of Parliament D) No one
 
Answer & Explanation Answer: D) No one

Explanation:

The upper house of the parliament is the Rajya Sabha and is a permanent body.

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Filed Under: Indian Politics
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Q:

Which city is known as the City of Prime Ministers?

A) Allahabad B) Varanasi
C) Hyderabad D) Ahmedabad
 
Answer & Explanation Answer: A) Allahabad

Explanation:

Allahabad is known as the City of Prime Ministers because seven out of 15 prime ministers of India since independence have connections to Allahabad(Jawaharlal Nehru, Lal Bahadur Shastri, Indira Gandhi, Rajiv Gandhi, Gulzarilal Nanda, Vishwanath Pratap Singh and Chandra Shekhar).

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Filed Under: Famous Places
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Q:

What is pro forma ?

Answer

A pro forma invoice is a price quote and subject to change. Accounts Payable Services does not pay from pro forma invoices, statements, quotes or estimates.

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Subject: Accounts Payable Exam Prep: Bank Exams , CAT
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Q:

Which is the only gem of world made of a single element?

A) Platinum B) Diamond
C) Emerald D) Ruby
 
Answer & Explanation Answer: B) Diamond

Explanation:

The only gem of world made of a single element is Diamond.

the_only_gem_of_world_made_of_a_single_element1563602197.jpg image

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Filed Under: Chemistry
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Q:

Manas sanctuary in assam known for

A) Tigers B) Birds
C) Bears D) Elephants
 
Answer & Explanation Answer: D) Elephants

Explanation:

Manas_sanctuary_in_assam_known_for1552911929.jpg image

 

Manas National Park or Manas Wildlife Sanctuary is a national park, UNESCO Natural World Heritage site in Assam is known for Elephants. It is located in the Himalayan foothills.

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Filed Under: Indian Geography
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4 3603
Q:

Which is evidence that supports the dynamo theory?

A) Earth's outer core contains liquid that conducts electricity B) Earth's core contains a large amount of iron
C) Granite and basalt conduct electricity D) Convection occurs in Earth's inner core
 
Answer & Explanation Answer: B) Earth's core contains a large amount of iron

Explanation:

In physics, the dynamo theory proposes a mechanism by which a celestial body such as Earth or a star generates a magnetic field.

Earth's crust core contains a large amount of iron and nickel is the evidence of the dynamo theory.

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Filed Under: Physics
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