Bank Exams Questions

---

A savings account is the most basic type of account at a bank or credit union, allowing you to deposit money, keep the funds safe, and withdraw funds as needed. Savings accounts typically pay interest on your deposits, which helps you grow your money, but rates are relatively low on these low-risk accounts.

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines and electronic debits, among other methods.

Hence, Saving accounts usually offer higher interest rates than checking accounts.

1 Gallon = 3.785 kgs

Gallon is a unit of measurement of liquid.

We know that 1 gallon = 3.785 liters

But we know that,

1 cubic meter = 1000 lit or 1000 kgs

=> 1 lit = 1 kg

Hence,  1 gallon = 3.785 lit = 3.785 kgs.

Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

The order of basicity for primary, secondary and tertiary amines are:

Secondary > Primary > Tertiary > NH3

* Amines are basic in nature as they have lone pair of electrons on nitrogen. Therefore, they have a strong tendency to donate this lone pair of electrons to electron acceptors.

* The stability of conjugate acids formed is dependent on the extent of H-bonding,and greater the number of H-atoms on N more stable is the conjugate acid.

* The conjugate acid of primary amine is the most stable with greater number (3) of H-bonds than > Secondary > tertiary. But primary amines are less basic than secondary as the electron density on the N atom is less and lone pair of electrons are not readily available for protonation.

* The two opposing factors i.e. the stability of conjugate acids formed and ease of availability of electrons for Protonation, balance each other in case of secondary amines and it is most basic.