Bank PO Questions

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.

An enzyme is a variety of catalyst and is the relation between tham. A catalyst is a chemical that increases the rate of a chemical reaction without itself being changed by the reaction.

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.

Jnanpith Award is given for excellence in the field of Literacy. It is presented by the Bharatiya Jnanpith.

The one way how the progressives differed from populists is the populists are almost farmers whereas the progressives are typicaly middle class people who lives in the cities.

A Bank Reconciliation Statement is a statement prepared periodically by a customer to explain the divergence (difference) between the bank balance as per cash book and the bank balance as per Pass Book. It clearly shows the two differing balances and the outstanding items which causes the balances to disagree.

The objective of preparing such a statement is to know the causes of differences between the two balances and pass necessary correcting or adjusting entries in the books of the firm. But it is to be noted that some differences are automatically adjusted. For example - A cheque that has been sent for collection, but not yet collected, causes a difference between the balance as shown by the pass book and the balance as shown by the cash book, but no adjusting entry is required in the cash book for such a difference because, the bank will credit the firm’s account as soon as the cheque is collected.