Bank PO Questions


Q:

What is the best definition of the term cottage industry?

A) goods are produced at home B) group of cottages that serves as factory
C) people of same colony work at same place D) people work at industries leaving their homes
 
Answer & Explanation Answer: A) goods are produced at home

Explanation:

Cottage industry is a manufacturing activity of people operated at home. The handcrafts which were sold in the society are examples of cottage industy products. It is a small scale industry in which the labor force is mostly family members or individuals.

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Filed Under: Business Awareness
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Q:

1/2 - 1/8 =

A) 1/2 B) 3/8
C) 2/3 D) 3/2
 
Answer & Explanation Answer: B) 3/8

Explanation:

Now to find the difference in the given fractions, 1/2 - 1/8

First take the LCM of 2 & 8

LCM of 2 & 8 is 8

Then,

1/2 - 1/8

= (4 - 1)/8

= 3/8

 

Hence, 1/2 - 1/8 = 3/8.

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Filed Under: Mathematical Operations
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Q:

An increase in the price of product A will

A) reduce the demand for resources used in the production of A. B) reduce the demand for substitute product B
C) increase the demand for complementary product C. D) increase the demand for substitute product B.
 
Answer & Explanation Answer: D) increase the demand for substitute product B.

Explanation:

If the price of a product rises, the demand for the substitute product increases.

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Filed Under: Bank Interview
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Q:

Which summarizes a result of the protestant reformation?

A) It prompted reforms within the Catholic Church B) It created new divisions within European society
C) Both A & B D) It prompted greater cooperation between Catholics and non-Catholics
 
Answer & Explanation Answer: C) Both A & B

Explanation:

Both options (A & B), summarizes a result of the protestant reformation.

 

The Protestant Reformation was a major 16th century European movement aimed initially at reforming the beliefs and practices of the Roman Catholic Church.

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Filed Under: World History
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Q:

Which country has decided to withdraw its membership from OPEC as of January 2019?

A) Kuwait B) Iraq
C) Venezuela D) Qatar
 
Answer & Explanation Answer: D) Qatar

Explanation:

Qatar country has decided to withdraw its membership from OPEC as of January 2019. The OPEC is The Organization of the Petroleum Exporting Countries founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.

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Filed Under: World Geography
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Q:

Which of the following disease is not caused by bacteria?

A) Tetanus B) Dengue
C) Malaria D) Cholera
 
Answer & Explanation Answer: B) Dengue

Explanation:

Dengue is the disease that is not caused by bacteria.

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Filed Under: General Science
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Q:

AtalSetu is built across which river in Goa?

A) Ganges B) Mandovi
C) Mahanadi D) Narmada
 
Answer & Explanation Answer: B) Mandovi

Explanation:
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Filed Under: Indian Geography
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Q:

Macroeconomics is the study of

A) behavior of economy B) performance of economy
C) changes in economy D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Macroeconomics is the study of overall aggregate changes, behavior and performance of the economy of the country i.e, unemployment, GDP, inflation, etc...

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Filed Under: Indian Economy
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