Bank Exams Questions

Q:

Who has launched a survey on the NaMo App, asking people to rate the performance of the government at the Centre and MPs and MLAs in their constituencies recently?

A) Home Minister Rajnath Singh B) HRD Minister Prakash Javadekar
C) Finance Minister Piyush Goyal D) Prime Minister Narendra Modi
 
Answer & Explanation Answer: D) Prime Minister Narendra Modi

Explanation:

Prime Minister Narendra Modi has launched a survey on the NaMo App, asking people to rate the performance of the government at the Centre and MPs and MLAs in their constituencies. He launched the initiative, to mark the completion of four years of the NDA government, which came to power at the Centre in 2014.

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Filed Under: General Awareness
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Q:

Settled agriculture was first seen in China around

A) 6000 BC B) 8000 BC
C) 3000 BC D) 15000 BC
 
Answer & Explanation Answer: A) 6000 BC

Explanation:

Settled agriculture was first seen in China around 6000 BC. The crops grown at this time were rice and millet.

Beginning in about 618 BC with classical millet agriculture, China's development of farming over the course of its history has played a key role in supporting the growth of what is now the largest population in the world.

 

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Filed Under: World Geography
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Q:

In the following question, select the related word from the given alternatives.

Banana : Fruit : : Ginger : ?

A) Root B) Fruit
C) Flower D) Stem
 
Answer & Explanation Answer: D) Stem

Explanation:
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Filed Under: Analogy
Exam Prep: Bank Exams

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Q:

When an account becomes uncollectible and must be written off

A) Accounts Receivable should be credited B) Sales Revenue should be debited
C) Allowance for Doubtful Accounts should be credited D) Bad Debt Expense should be credited
 
Answer & Explanation Answer: A) Accounts Receivable should be credited

Explanation:
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Filed Under: Accounts Receivable
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Which statement is one component of the cell theory?

A) DNA is the basis of genetic transfer B) All living cells arise from pre-existing cells
C) All cells are composed of same organelles D) Tissues are formed from combinations of cells
 
Answer & Explanation Answer: B) All living cells arise from pre-existing cells

Explanation:

All living cells arise from pre-existing cells is one component of the cell theory.

 

The Cell Theory is one of the basic principles of biology.

 

The Cell Theory states:

1. All living organisms are composed of cells. They may be unicellular or multicellular.

2. The cell is the basic unit of life.

3. Cells arise from pre-existing cells.

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Filed Under: Biology
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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.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
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Q:

Which continent has the least countries?

A) Africa B) South America
C) Antarctica D) Europe
 
Answer & Explanation Answer: C) Antarctica

Explanation:

Africa - 54 countries

South America - 12 countries

Antarctica - 0 countries

Europe - 43 countries.

 

Hence, Antarctica continent has the least countries.

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Q:

Choose the related word/letters/number from the given alternatives.

CAR : RAC : : TYRE : ?

A) RUBBER B) ERTY
C) ERYT D) STEEL
 
Answer & Explanation Answer: C) ERYT

Explanation:
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Filed Under: Analogy
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