Bank PO Questions


Q:

Explain what is BRS?

Answer

BRS - Bank Reconciliation Statement


 


A bank reconciliation statement is a statement prepared by organizations to reconcile the balance of cash at bank in a company's own records with the bank statement on a particular date.


 


The differences may arise because of the following reasons:


 


     - Cheques deposited into bank but not yet collected by bank


 


     - Cheques issued by the organization but not yet presented for payment


 


     - Cheques directly deposited by customers into the bank


 


     - Bank charges debited by bank


 


     - Interest credited or some receipts directly collected by bank based on org. request.


 


     - Some payments directly made by bank based on the organizations request.


 


So, the statement shows the reasons as what are the reasons for difference in balance.

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Subject: Accounts Receivable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

42 22126
Q:

Hardest Part of the Human Body?

A) Tooth Enamel B) Femur
C) Temporal bone of skull D) Knee bone
 
Answer & Explanation Answer: A) Tooth Enamel

Explanation:

Tooth Enamel is the hardest and most highly mineralized substance in the human body. It is a tissue and not a bone. This tissue has high mineral content which makes it hardest substance.

 

Femur and Temporal bone of the skull are the hardest bones of the human body.

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Filed Under: Biology
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO

96 22093
Q:

Ajay and Vijay have some marbles with them. Ajay told Vijay "if you give me 'x' marbles, both of us will have equal number of marbles". Vijay then told Ajay "if you give me twice as many marbles, I will have 30 more marbles than you would". Find 'x'  ?

A) 4 B) 10
C) 8 D) 5
 
Answer & Explanation Answer: D) 5

Explanation:

If Vijay gives 'x' marbles to Ajay then Vijay and Ajay would have V - x and A + x marbles.
V - x = A + x --- (1)
If Ajay gives 2x marbles to Vijay then Ajay and Vijay would have A - 2x and V + 2x marbles.
V + 2x - (A - 2x) = 30 => V - A + 4x = 30 --- (2)
From (1) we have V - A = 2x
Substituting V - A = 2x in (2)
6x = 30 => x = 5.

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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

29 22065
Q:

A booster pump can be used for filling as well as for emptying a tank. The capacity of the tank is 2400  m3. The emptying capacity of the tank is 10 m3 per minute higher than its filling capacity and the pump needs 8 minutes lesser to empty the tank than it needs to fill it. What is the filling capacity of the pump?

A) 50 m^3/min B) 60 m^3/min
C) 72 m^3/min D) None of these
 
Answer & Explanation Answer: A) 50 m^3/min

Explanation:

Let the filling capacity of the pump be x m3/min. 

Then, emptying capacity of the pump=(x+10)m3/min.  

so,2400x-2400x+10=8 x2+10x-3000=0 

 

x-50+x+60=0 x=50

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Filed Under: Pipes and Cistern
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

38 22034
Q:

The difference between simple and compound interest compounded annually on a certain sum of money for 2 years at 4% per annum is re.1. the sum is

A) 625 B) 630
C) 640 D) 650
 
Answer & Explanation Answer: A) 625

Explanation:

sum=Rs.x

C.I=[x(1+4/100)^2-x]=(676/625x-x)=51/625

S.I=(x*4*2)/100=2x/25

x=625

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

15 22029
Q:

Google Docs is a type of cloud computing.

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

Explanation:

TRUE, Google Docs is a type of cloud computing.

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9 22026
Q:

A number is increased by 20% and then decreased by 20%, the final value of the number is ?

A) increase by 2% B) decrease by 3%
C) decrease by 4% D) increase by 5%
 
Answer & Explanation Answer: C) decrease by 4%

Explanation:

Here, x = 20 and y = - 20
Therefore, the net % change in value
=x + y + xy100 %
20 + -20 + 20 × -20100%  or  - 4%

Since the sign is negative, there is a decrease in value by 4%.

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

34 22018
Q:

A,B and C enter into a partnership in the ratio  72:43:65. After 4 months, A increases his share by 50%. If the total profit at the end of one year be Rs. 21600, then B's share in the profit is :

A) Rs. 4000 B) Rs. 6000
C) Rs. 9000 D) Rs. 3000
 
Answer & Explanation Answer: A) Rs. 4000

Explanation:

Given ratio of initial investments = 72:43:65 = 105 : 40 : 36.

 Let the initial investments be 105x, 40x and 36x.

 

A:B:C = 105x×4 + 150100×105x×8 : 40x×12 : 36x×12  

               = 1680x : 480x : 432x = 35 : 10 : 9.

 

Hence, B's share = 21600×1054 = Rs. 4000.

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Filed Under: Partnership
Exam Prep: CAT
Job Role: Bank PO

18 22006