Exams


Q:

Most modern Banking Systems are based on

A) commodity money B) 100 percent reserves
C) fractional reserves D) money of intrinsic value
 
Answer & Explanation Answer: C) fractional reserves

Explanation:

Most modern banking systems are based on Fractional reserves.

 

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

Report Error

View Answer Report Error Discuss

Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 4053
Q:

The average age of husband, wife and their child 3 years ago was 24 years and that of wife and child 5 years ago was 25 years. The present age of the husband is:

A) 21 yrs B) 27 yrs
C) 29 yrs D) 31 yrs
 
Answer & Explanation Answer: A) 21 yrs

Explanation:

Sum of ages of husband, wife and child= (24 × 3) + 9 = 81 years

Sum of ages of wife and child => 25 × 2 + 10 = 50 + 10 = 60 years

Age of husband = 81 - 60 = 21 years.

Report Error

View Answer Report Error Discuss

Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

5 4053
Q:

A chord that passes through the center of a circle is

A) secant B) tangent
C) diameter D) perigram
 
Answer & Explanation Answer: C) diameter

Explanation:

A straight line segment whose endpoints both lie on the circle is called as chord. A chord that passes through the center of a circle is a diameter.

 

A_chord_that_passes_through_the_center_of_a_circle_is1553604966.png image

Report Error

View Answer Report Error Discuss

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

7 4053
Q:

Consider a regular hexagon ABCDEF. Two towers are situated at B and C. The angle of elevation from A to the top of the tower at B is 30 deg, and the angle of elevation to the top of the tower at C is 45 deg. What is the ratio of the height of towers at B and C?

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

Explanation:

Let the side of regular hexagon be ‘a’

Let height of the tower 1 be h1 and tower 2 be h2

Height of tower 1 = h1 = (distance between A and B)* (tan 30o)= a.1/√3

Distance between A and C = 2*√3.a/2= √3a

Height of tower 2 = h2 = (distance between A and C)* (tan 45o) = √3a.1 = √3a

Ratio of height of towers at B and C respectively =a/√3/√3a = 1/3.

 

Report Error

View Answer Report Error Discuss

Filed Under: Simplification
Exam Prep: Bank Exams

3 4051
Q:

A number is 2 more than thrice the second number and 4 times the smaller number is 5 more than the greater number. What is greater number  ?

A) 7 B) 23
C) 9 D) 21
 
Answer & Explanation Answer: B) 23

Explanation:

Let the greater and smaller number be p and q respectively.

4q = p + 5 ------ (I)

p = 3q+2 ------- (II)

From equation (I) and (II)

q = 7

p = 23

Report Error

View Answer Report Error Discuss

Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

11 4050
Q:

In which city 2017 Global Entrepreneurship Summit will be held ?

A) New Delhi B) Hyderabad
C) Bangaluru D) Mumbai
 
Answer & Explanation Answer: B) Hyderabad

Explanation:

Government of India and the United States met today at NITI Aayog to plan the 2017 Global Entrepreneurship Summit, which will be held November 28-30 at the Hyderabad International Convention Centre in Hyderabad, India.
 
The Summit will be inaugurated by Prime Minister Narendra Modi and Advisor to the President, Ivanka Trump, who leads the U.S. delegation.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

13 4047
Q:

Which planet experiences the volcano with the name of "Arsia Mon"  ?

A) Earth B) Mars
C) Jupiter D) None
 
Answer & Explanation Answer: B) Mars

Explanation:

Arsia Mons is among the three volcanos of the planet Mars. Arsia Mons is a shield volcano with a slow slope. Arsia Mons is thirty times in volumes of Mauna Loa in Hawaii, the largest volcano on Earth.

Report Error

View Answer Report Error Discuss

Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

9 4046
Q:

Concatenation of text can be done using

A) Ampersand (&) B) Hash (#)
C) Apostrophe (') D) Exclamation (!)
 
Answer & Explanation Answer: A) Ampersand (&)

Explanation:

Concatenation of text means adding a word with other word. It can be done using Ampersand (&).

For example :

'Amper' & 'sand' = Ampersand 

Report Error

View Answer Report Error Discuss

Filed Under: Computer
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 4046