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:

In a certain code language, "NUMBER" is written as "156897" and "BARREN" is written as "847791". How is "RUBBER" written in that code language?

A) 759597 B) 758897
C) 795957 D) 795579
 
Answer & Explanation Answer: B) 758897

Explanation:
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Filed Under: Coding and Decoding
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Q:

A number when subtracted by 1/7 th of itself gives the same value as the sum of all the angles of a triangle. What is the number?

A) 420 B) 210
C) 70 D) 35
 
Answer & Explanation Answer: B) 210

Explanation:

Let the required number be 'p'

We know, sum of angles in a triangle are 180 deg

According to given data,

p - p/7 = 180

7p - p = 180 x 7

=> 6p = 1260

=> p = 1260/6 = 210

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Filed Under: Problems on Numbers
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Q:

Magnetic Tape can serve as

A) Input device B) Secondary storage device
C) Output device D) None of the above
 
Answer & Explanation Answer: B) Secondary storage device

Explanation:

Related image

Magnetic tape can serve as a Secondary storage unit. It is a medium for magnetic recording, made of a thin, magnetizable coating on a long, narrow strip of plastic film.

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Q:

Opening in a wall to let in air or light

A) Ceiling B) Door
C) Window D) All the above
 
Answer & Explanation Answer: C) Window

Explanation:

The Opening in a wall to let in air or light is nothing but a Window.

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Q:

Solely means

A) exclude B) include
C) only D) rival
 
Answer & Explanation Answer: C) only

Explanation:

Solely means only, simply or merely.

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Filed Under: English
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Q:

Which of the following describes the process of glycolysis?

A) It represents the first stage in the chemical oxidation of glucose by a cell. B) Breakdown of Glucose
C) Converts Glucose to Pyruvate D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Glycolysis is the chemical process that converts glucose C₆H₁₂O₆, into Pyruvate, CH₃COCOO− + H⁺.

    • It represents the first stage in the chemical oxidation of glucose by a cell.

 



    • The free energy released in this process is used to form the high-energy molecules ATP and NADH.

 Which_of_the_following_describes_the_process_of_glycolysis1556258113.png image

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Filed Under: Chemistry
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Q:

What does a Browser do?

A) Looks through magazines and books in the library B) Reads meterial really fast
C) It provides help menus D) It is software used to view web pages
 
Answer & Explanation Answer: D) It is software used to view web pages

Explanation:
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