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Q:

What is ‘Bill Purchase’?

Answer

In ‘Bill Purchase’ the loan will be created for the full value of the draft and the interest will be recovered when the actual payment comes. For example, a ‘Sight draft’ is presented for which the loan is created for 100% of the draft value. The money is received after 7 days, and then the interest will be recovered for 7 days along with the principal amount.


 

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Subject: Bank Interview

Q:

What do you mean by ‘cheque endorsing’?

Answer

‘Endorsing cheque’ ensures that the cheque get deposited into your account only. It minimizes the risk of theft. Normally, in endorsing cheque, the cashier will ask you to sign at the back of the cheque. The signature should match the payee. The image over here shows the endorsed cheque.


 

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Subject: Bank Interview

Q:

Logical puzzle

You have 10 coins….arrange them in 4 straight lines such that each line contains 4 coins.

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Subject: Logic Puzzles Exam Prep: Bank Exams
Job Role: Bank Clerk , Bank PO , Database Administration

Q:

Find a 10-digit number, where the first figure defines the count of zeros in this number, the second figure the count of numeral 1 in this number etc. At the end the tenth numeral character expresses the count of the numeral 9 in this number.

Answer

Sum of all numerals must be ten because each numeral stands for the count of other numerals and because this number shall have ten numerals. Beginning to choose reasonable numerals for the first figure you can come across the correct number: 6210001000.

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Subject: Number Puzzles

Q:

Can you arrange 9 numerals - 1, 2, 3, 4, 5, 6, 7, 8 and 9 [using each numeral just once] above and below a division line, to create a fraction equaling to 1/3 [one third]?

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Subject: Number Puzzles

Q:

Logical puzzle

There are only two barbers in town. One of them has a nice, neatly trimmed head of hair. The other one's hair is a complete mess.Which of the two barbers should you go to and why?

Answer

The one with messy hair, as they cut the neat barber's hair.

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Subject: Logic Puzzles

Q:

Who is the Indian Classical dancer credited with the first female dancer to learn Chhau form ?

Answer

Sonal Mansingh

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Subject: Famous Personalities

Q:

Who is the Creator of the popular cartoon characters Mandrake the Magician and the Phantom?

Answer

Lee Falk

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Subject: Famous Personalities