Bank PO Questions


Q:

Which of the following is a compound sentence?

A) We can go see a movie, or we can get something to eat. B) When you get there, please remember to call me.
C) Mohan bought some new shoes and wore them to a party. D) None of the above
 
Answer & Explanation Answer: A) We can go see a movie, or we can get something to eat.

Explanation:

A compound sentence is a sentence that has at least two independent clauses joined by a comma, semicolon or conjunction. An independent clause is a clause that has a subject and verb and forms a complete thought.

Here except option A) other two options dependent.

 

Hence, A) We can go see a movie, or we can get something to eat is a compound sentence.

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Q:

What was the purpose of the double v campaign?

Answer

The Double V Campaign was used in World War II. The purpose of the double v campaign is to fight for victory and ending segregation at home.


It was aimed at African-Americans, and it first appeared in an African-American newspaper, the Pittsburgh Courier, in 1942. The Double V Campaign worked to have a victory over racism abroad and racism in the United States.

It stood so it gave a chance for Black Americans to fight in the war so they could achieve Victory at Home and Abroad- (Civil Rights then the war in the Atlantic and Pacific).

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Subject: World History Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which 6 banking entities of India became history on 1 April 2017 as they were merged with State Bank of India ?

Answer

Five associate banks of SBI – State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), besides Bharatiya Mahila Bank (BMB) became part of the State Bank of India (SBI) on 1 April 2017. This merger catapulted SBI to among the top 50 banks in the world.


– With this six-way mega merger, the merged entity (SBI) will have a deposit base of more than Rs. 26 lakh crore and advances level of Rs. 18.50 lakh crore. It will have a total customer base of 37 crore with a branch network of around 24,000 and nearly 59,000 ATMs across the country.


– The government had in February 2017 approved the merger of these five associate banks with SBI. Later in March 2017, the Cabinet approved merger of BMB as well.


– SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.

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Subject: General Awareness Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Statement: If the retired professors of the same institutes are also invited to deliberate on restructuring of the organization, their contribution may be beneficial to the institute.

Course of action:
a) Management may seek option of the employees before calling retired professors.
b) Management should involve experienced people for the systematic restructuring of the organization.

A) Only a follows B) Neither a nor b follows
C) Both a & b follows D) Only b follows
 
Answer & Explanation Answer: D) Only b follows

Explanation:

Valuable suggestion from the retired professors will be helpful for restructuring of an organisation. Hence, management should involve such experienced people. Seeking permission from the employees is not the right course of action.

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Filed Under: Statement and Courses of Action
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Bank Clerk , Bank PO

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Q:

Stress is a factor that contributes to heart disease risk.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

True, poorly controlled stress and anger can lead to heart attacks and strokes.

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Subject: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Business fluctuations refer to

A) the ups and downs in overall business B) expansion is rapid
C) contraction is severe D) None of the above
 
Answer & Explanation Answer: A) the ups and downs in overall business

Explanation:

Business fluctuations refer to the ups and downs in overall business activity measured by changes in national​ income, employment and the price level.

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

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Q:

A supply curve slopes upward because

A) an increase in price gives producers an incentive to supply a larger quantity. B) the quantity supplied of most goods and services increases over time.
C) an increase in input prices increases supply. D) as more is produced, total cost of production falls.
 
Answer & Explanation Answer: A) an increase in price gives producers an incentive to supply a larger quantity.

Explanation:

The supply curve slopes upward because for reflecting the higher price needed to cover the higher marginal cost of production. 

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Filed Under: Marketing and Sales
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which is the first payment bank in India?

A) Fino Payments Bank B) Airtel Payments Bank
C) Aditya Birla Payments Bank D) Paytm Payments Bank
 
Answer & Explanation Answer: B) Airtel Payments Bank

Explanation:

Airtel Payments Bank is the first payment bank in India. A payments bank is a new category of banks conceptualized by the Reserve Bank of India, which operates at a smaller scale than an actual bank and doesn't involve any credit risk. It can carry out most banking operations but can't advance loans or issue credit cards.

 


The RBI as of date has given licences to 11 payments bank of which six are currently operational. These include

  1. Aditya Birla Payments Bank,
  2. Airtel Payments Bank,
  3. India Post Payments Bank,
  4. Fino Payments Bank,
  5. Jio Payments Bank (and)
  6. Paytm Payments Bank.
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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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