Bank Exams Questions

Q:

'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?

A) Nil Accounting Variation B) New Asset Venture
C) Net Accounting Venture D) Net Asset Value
 
Answer & Explanation Answer: D) Net Asset Value

Explanation:

Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

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Filed Under: Accounts Receivable
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Q:

Cache memory is a form of ROM.

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

Explanation:

The given sentence Cache memory is a form of ROM is FALSE. Cache memory, also called CPU memory, is high-speed static random access memory (SRAM) that a computer microprocessor can access more quickly than it can access regular random access memory (RAM).

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Q:

The Deccan Agriculturalists 'Relief Act of 1879 was enacted with which one of the following objectives?

A) Restore lands to the dispossessed peasants B) Ensure financial assistance to peasants during social and religious occasions
C) Restrict the sale of land for indebtedness to outsiders D) Give legal aid to insolvent peasants
 
Answer & Explanation Answer: D) Give legal aid to insolvent peasants

Explanation:

The Deccan Riots Commission was set up which presented a report to the British Parliament in 1878.In 1879, the Agriculturists Relief Act was passed which ensured that the farmers could not be arrested and imprisoned if they were unable to pay their debts.It was an Act for the relief of Indebted Agriculturists in certain parts of the Deccan.

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Filed Under: General Awareness
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Q:

Complete the Figure X from the given alternatives 1,2,3,4

 

 

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

Explanation:
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Filed Under: Pattern Completion
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Q:

what is the source of energy for the water cycle?

A) Rain water B) Sun
C) Clouds D) Animals
 
Answer & Explanation Answer: B) Sun

Explanation:

The water cycle is a term for the movement of water between the Earth's surface, the sky and underground. Water evaporates due to heat from the sun. Hence, the water cycle is driven primarily by the energy from the sun.

watercycle1531808968.gif image

This solar energy drives the cycle by evaporating water from the oceans, lakes, rivers, and even the soil. Other water moves from plants to the atmosphere through the process of transpiration.

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Filed Under: Physics
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Q:

If A is brother of the son of B's son, how is A related to B?

A) Grandson B) Brother
C) Son D) Father
 
Answer & Explanation Answer: A) Grandson

Explanation:
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Filed Under: Blood Relations
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Q:

The coldest planet in the solar system is ?

A) Venus B) Jupiter
C) Uranus D) Pluto
 
Answer & Explanation Answer: C) Uranus

Explanation:
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Q:

What happens when two atoms form a chemical bond?

A) Two atoms fuse together to form a chemical bond B) The atoms share or transfer electrons
C) A chemical bond forms when two atoms transfer or share protons to achieve a stable nucleus D) Like charges in the atoms cause them to stick together
 
Answer & Explanation Answer: B) The atoms share or transfer electrons

Explanation:

All chemistry is based on sharing electrons. A chemical bond forms when two atoms transfer or share outer electrons to complete their outer shells.

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Filed Under: Chemistry
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