Bank PO Questions


Q:

A capital expenditure results in a debit to 

A) an asset account B) a liability account
C) an expense account D) a capital account
 
Answer & Explanation Answer: A) an asset account

Explanation:
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Filed Under: Bank Interview
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Job Role: Analyst , Bank Clerk , Bank PO

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Q:

To the economist, total cost includes

A) neither implicit nor explicit costs. B) implicit, but not explicit, costs.
C) explicit, but not implicit, cost. D) explicit and implicit costs.
 
Answer & Explanation Answer: D) explicit and implicit costs.

Explanation:
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Filed Under: Indian Economy
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Q:

The National Flag Code of India has taken effect from

A) 26th January 2002 B) 15th August 2000
C) 26th Jan 2001 D) 15th August 2001
 
Answer & Explanation Answer: A) 26th January 2002

Explanation:

There is universal affection and respect for and loyalty to the Indian National Flag. As it is the symbol of our national pride it represents the hopes and aspiration of the people.


The Flag Code of India 2002 permits unrestricted display of the tricolour, consistent with the honour and dignity of the flag.

 

The Flag Code of India has been divided into three parts:-

1. General Description of the National Flag.

2. Display of the National Flag by members of public, private Organizations & educational institutions etc.

3. Display of National Flag by Central or State Governments and their organizations and agencies.

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Filed Under: Indian Politics
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Q:

The interest-rate effect suggests that

A) an increase in the price level will increase the demand for money, reduce interest rates, and decrease consumption and investment spending B) an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending
C) a decrease in the supply of money will increase interest rates and reduce interest-sensitive consumption and investment spending D) an increase in the price level will decrease the demand for money, reduce interest rates, and increase consumption and investment spending
 
Answer & Explanation Answer: B) an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending

Explanation:

The interest-rate effect suggests that an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending.

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Q:

The term 'degrees of newness' is associated with

A) total years of business experience B) degree of design change
C) average length of time on the job D) average age of employees
 
Answer & Explanation Answer: B) degree of design change

Explanation:

The term 'degrees of newness' is associated with degree of design change. How much the design changes that much newness comes in it.

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Filed Under: Business Awareness
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Q:

During the process of protein synthesis, each trna carries one

A) amino acid B) nucleotide
C) fatty acid D) nucleic acis
 
Answer & Explanation Answer: A) amino acid

Explanation:

During protein synthesis process, each tRNA carries one aminoacid for protein synthesis to the ribosomes.

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Filed Under: Biology
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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
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Q:

Where is Mount Abu located?

A) Gujarat B) Haryana
C) Rajasthan D) Jharkand
 
Answer & Explanation Answer: C) Rajasthan

Explanation:

Mount Abu is a popular hill station in the Aravalli Range in Sirohi district of Rajasthan state in western India.

 

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Filed Under: Indian Geography
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