Bank PO Questions

The State Bank of India (SBI) has tied-up with Tirumala Milk Products to provide loans to dairy farmers who supply milk to the latter. As per the scheme for financing dairy units, SBI offers loans for construction of shed, and purchase of milch animals, milking machine, and chaff cutter. Apart from this, the bank also provides loans to dairy societies for modernisation and creation of infrastructure such as purchase of automatic milk collection system, purchase of transport vehicles and bulk chilling unit. The Tirumala Milk Products is a South- based company, which was acquired by France-based Groupe Lactalis in 2014.

India’s space agency on Feb 15th, 2017 launched a record 104 satellites from a single rocket as it crossed another milestone in its low-cost space-exploration program. The satellites from seven countries were carried by the Indian Space Research Organization’s Polar Satellite Launch Vehicle on its 38th consecutive successful flight. On board was a 714kg satellite for earth observation and more than 100 smaller satellites weighing less than 10kg each. Three were Indian-owned, 96 were from US companies, and the rest belonged to companies based in Israel, Kazakhstan, the Netherlands, Switzerland and the United Arab Emirates. Most were owned by Planet Labs Inc, a US-based Earth-imaging company. 

The kidneys are stimulated to produce renin by a decrease in the blood pressure.

The renin-angiotensin system or RAS regulates blood pressure and fluid balance in the body. When blood volume or sodium levels in the body are low, or blood potassium is high, cells in the kidney release the enzyme, renin. Renin's primary function is therefore to eventually cause an increase in blood pressure, leading to restoration of perfusion pressure in the kidneys.

The financial statements should be prepared in the following order:

Income statement - Statement of retained earnings - Balance sheet

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

An Illustration is a visual image created to accompany words to depict them.

Let the distance between A and B = D

Given the speed of maruthi = 60 kmph

Maruthi reaches from A to B in 6 hrs 20 min = 6 + 20/60 = 6 1/3 hrs

Now, the distance between A & B = D = speed x time = 60 x 19/3 = 380 kms

As the distance is same for toyato also,

given time for toyato = 4 hrs 45 min = 4 + 45/60 = 4 3/4 = 19/4 hrs

speed of toyato = distance/time = 380/19/4 = 380 x 4/19 = 80 kmph.