Bank Exams Questions

Q:

Which country have declared 2020 'Unique Year for Space Sector' ?

A) United Arab Emirates B) England
C) USA D) India
 
Answer & Explanation Answer: A) United Arab Emirates

Explanation:
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Filed Under: General Awareness
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Q:

Which of the following would cause gene flow?

A) Individuals moving into population B) Genetic drift
C) Mutation D) Artificial selection
 
Answer & Explanation Answer: A) Individuals moving into population

Explanation:

Gene flow means migration of genes from one to another. This gene flow is caused by individuals moving into population.

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Filed Under: Biology
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Q:

 7, 16, 36, 78, 144, ?

which number come in place of question mark

A) 168 B) 196
C) 222 D) 256
 
Answer & Explanation Answer: C) 222

Explanation:
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Q:

Internal controls are concerned with

A) the extent of government regulations B) preparing income tax returns
C) safeguarding assets D) only manual systems of accounting
 
Answer & Explanation Answer: C) safeguarding assets

Explanation:

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

 

Internal control is all of the policies and procedures management uses to achieve the following goals.

  • Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

 

  • Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

 

  • Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

 

  • Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

 

  • Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

 

Hence, Internal controls are concerned with safeguarding assets.

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Filed Under: Accounts Payable
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Q:

What does the Aufbau Principle state

A) Electrons will be added to an atom starting from the lowest possible level or sublevel. B) Electrons will be added to an atom only if the orbitals are different colors.
C) Electrons will be added to an atom in a random order. D) Electrons will be added to an atom in a symmetrical manner.
 
Answer & Explanation Answer: A) Electrons will be added to an atom starting from the lowest possible level or sublevel.

Explanation:

The Aufbau Principle states that in the ground state of an atom, an electron enters the orbital with lowest energy first and subsequent electrons are fed in the order of increasing energies.

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Filed Under: Chemistry
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Q:

In the question below consists of a question and two statements numbered a and b given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give the answer.

Question: How is Vinitha related to Ragini ?
Statements:
a. Vinitha's husband is the only son of Ragini's mother.
b. Vinitha's brother and Ragini's husband are cousins.

A) Neither a nor b is sufficient B) Either a or b is sufficient
C) Both a & b are sufficient D) a alone is sufficient while b alone is not sufficient
 
Answer & Explanation Answer: B) Either a or b is sufficient

Explanation:

From a, we conclude that Vinitha is the wife of Ragini's mother's only son i.e. Ragini's brother. Thus, Vinitha is Ragini's sister-in-law.

From b, we conclude that Vinitha is the cousin of Ragini's husband, which implies that Vinitha is Ragini's sister-in-law.

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Filed Under: Statement and Conclusions
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Q:

Rs. 2018 are to be divided among P, Q and R in such a way that if P gets Rs. 5 then Q must get Rs. 12 and if Q gets Rs. 4 then R must get Rs. 5.50. The share of R will exceed that of Q by

A) Rs. 127 B) Rs. 271
C) Rs. 721 D) Rs. 217
 
Answer & Explanation Answer: B) Rs. 271

Explanation:

ATQ,

P : Q = 5 : 12 = 10 : 24

Q : R = 4 : 5.5 = 24 : 33

P:Q:R = 10 : 24 : 33

Sum of the ratios = 10 + 24 + 33 = 67

Difference between the share of R & Q

= (33-24/67 x 2018)

= 9/67 x 2018

= Rs. 271.

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Q:

MONEX is associated with

A) Monetary experiment B) Lunar experiment
C) Montreal experiment D) Monsoon experiment
 
Answer & Explanation Answer: D) Monsoon experiment

Explanation:

Monsoon experiment is abbreviated as MONEX.

 

The Monsoon Experiment is the core of the GARP Monsoon Subprogramme, which is a major international effort to achieve a better understanding of the Planetary monsoon circulation, the major seasonal perturbation of the general circulation of the atmosphere and the influence of the annual cycle of precipitation associated with the monsoon on the agriculture of the many populous nations of the region.

 

Hence, MONEX is associated with The Monsoon Experiment.

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Filed Under: General Science
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