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Q:

Open market operation is a part of

A) Debit Policy B) Deposit Policy
C) Credit Policy D) None of above
 
Answer & Explanation Answer: C) Credit Policy

Explanation:

Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which one of the following is not an instrument of Fiscal policy?

A) Open Market Operations B) Taxation
C) Public borrowing D) Public expenditure
 
Answer & Explanation Answer: A) Open Market Operations

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who is now the World’s Second Richest Person ?

A) Amancio Ortega B) Warren Buffett
C) Jeff Bezos D) Bill Gates
 
Answer & Explanation Answer: C) Jeff Bezos

Explanation:
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Filed Under: Famous Personalities

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Q:

Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5 % compounded daily.Find his amount of interest

A) 5678 B) 4563
C) 4329 D) 6210.73
 
Answer & Explanation Answer: D) 6210.73

Explanation:

Bob receives 15-3 = 12 months of 3.5 % interest compounded daily

 

 

 

M=P(1+i/365)^365n

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

What country did we fight during the Revolutionary War?

A) Pakistan B) United States of America
C) England D) Germany
 
Answer & Explanation Answer: C) England

Explanation:

We fought against England in the Revolutionary War for Independence from the British rule.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank PO

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Q:

TCB is Transfer Control Block

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

Explanation:

NO.It is Transmission Controll Block

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Subject: Networking
Job Role: Network Engineer

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Q:

AIDS is caused by the organisms which are

A) bacteria B) fungi
C) viruses (HTLV III) D) ProtoZoa
 
Answer & Explanation Answer: C) viruses (HTLV III)

Explanation:

AIDS: The term means Acquired Immunity Deficiency Synodrome. The virus attacks the T cells of the (white corpuscle type) blood and destroys them.

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Filed Under: Biology

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Q:

Carbon monoxide is a common atmospheric pollutant.

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

Explanation:

Carbon monoxide is a common atmospheric pollutant in the world which is produced in combustion process in automobiles and industries. It has no smell and cannot be seen.

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Subject: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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