Bank Clerk Questions


Q:

A certain sum is invested for 2 years in scheme M at 20% p.a. compound interest (compounded annually), Same sum is also invested for the same period in scheme N at k% p.a. simple interest. The interest earned from scheme M is twice of that earned from scheme N. What is the value of k?

A) 7 B) 11
C) 9 D) 13
 
Answer & Explanation Answer: B) 11

Explanation:

Interest earned in scheme M =   

P1 + 201002  - 1  = 11P25

Interest earned in scheme N =  

P x k x 2100 = Pk50

 

Now, from the given data,

 

11P25 = 2 x Pk50

k = 11

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Filed Under: Compound Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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20 3640
Q:

Size of the primary memory of a pc ranges between

A) 256 kb to 640 kb B) 64 kb to 256 kb
C) 256 kb to 512 kb D) 2 kb to 8 kb
 
Answer & Explanation Answer: A) 256 kb to 640 kb

Explanation:

Size of the primary memory of a PC ranges between 256 KB to 640 KB.

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6 3639
Q:

If a barometric reading is falling, this usually indicates what

A) Increasing pressure B) Decreasing pressure
C) No pressure D) None
 
Answer & Explanation Answer: B) Decreasing pressure

Explanation:

A barometer is a tool that measures air pressure

A rising barometer indicates increasing air pressure, a falling barometer indicates decreasing air pressure.

In space, there is a nearly complete vacuum, so the air pressure is zero.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO

6 3639
Q:

From which direction does foul weather typically approach?

A) East B) North
C) West D) South
 
Answer & Explanation Answer: C) West

Explanation:

If the barometer rises, it indicates that good or fair weather is coming and if the falling barometer reading indicates that bad or foul weather is coming. Usually bad weather approaches from the west direction.

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

1 3638
Q:

What is the chemical name for vitamin A?

A) Retinol B) Riboflavin
C) Thiamine D) Niacin
 
Answer & Explanation Answer: A) Retinol

Explanation:

Vitamin A is a group of unsaturated nutritional organic compounds that includes retinol, retinal, retinoic acid, and several provitamin A carotenoids.

IUPAC Name :: (2E,4E,6E,8E)-3,7-dimethyl-9-(2,6,6-trimethylcyclohexen-1-yl)nona-2,4,6,8-tetraen-1-ol

 

Vitamin Name - Chemical Name

Vitamin A   -     Retinol

Vitamin B1  -    Thiamine

Vitamin B2  -    Riboflavin

Vitamin B3  -    Niacin

Vitamin B5  -    Pantothenic acid

Vitamin B6  -    Pyridoxin

Vitamin B7  -    Biotin

Vitamin B9  -    Folic acid

Vitamin B12  -   Cyanocobalamin

Vitamin C     -   Ascorbic acid

Vitamin D     -   Calciferol

Vitamin E      -   Tocoferol

Vitamin K      -   Phylloquinone and Menaquinones

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Filed Under: General Science
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5 3638
Q:

Whose trademark is the operating system unix?

A) Ashton Tate B) Microsoft
C) INTEL D) BELL Laboratories
 
Answer & Explanation Answer: D) BELL Laboratories

Explanation:

BELL Laboratories trademark is the operating system unix.

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Filed Under: Computer
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4 3637
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
Exam Prep: AIEEE , Bank Exams , CAT
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1 3635
Q:

An electronic device rearranges numbers step-by-step in a particular order according to set of rules. The device stops when the final result is obtained.


Input: 84 15 35 04 18 96 62 08
Step 1: 96 84 15 35 04 18 62 08
Step 2: 96 84 62 15 35 04 18 08
Step 3: 96 84 62 35 15 04 18 08
Step 4: 96 84 62 35 18 15 04 08
Step 5: 96 84 62 35 18 15 08 04
And Step 5 is the last step for this input. Now, find out an appropriate step in the following question following the above rule.

Question:
Input: 16 09 24 28 15 04
What will be the third step for this input ?

A) 28 24 15 16 04 09 B) 28 24 16 15 09 04
C) 24 28 15 16 09 04 D) 28 24 16 15 04 09
 
Answer & Explanation Answer: B) 28 24 16 15 09 04

Explanation:

Carefully obsrving the given arrangement, we find the following pattern:
We observe that the given numbers are arranged in descending order (from left to right), altering the position of only one number in each step, followed by the other numbers as it is. The process continues till the whole set of numbers is arranged in the descending order.

Step1: 28 16 09 24 15 04
Step2: 28 24 16 09 15 04
Step3: 28 24 16 15 09 04

Hence, the answer is B

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Filed Under: Sequential Output Tracing
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