Bank Clerk Questions


Q:

The sum of the present ages of a father and his son is 70 years. Five years ago, father's age was 5 times the age of the son, so now the son's age will be?

A) 12 B) 14
C) 15 D) 19
 
Answer & Explanation Answer: C) 15

Explanation:

                                                               Father           Son

 

5years ago the age of the father & son           5X                X

 

present the age of the father & son              5X+5             X+5

 

(present age of father) + (present age of son) = 70

 

       (5x+5)                 +        (x+5)              = 70

 

 Then you will get X = 10

 

Present age of the son (x+5) = 15

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Filed Under: Problems on Ages
Exam Prep: TOEFL , GRE , GATE , CAT , Bank Exams , AIEEE
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7 2714
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
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 2714
Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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Subject: Accounts Receivable Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

4 2713
Q:

In how many different ways can the letters of the word 'HAPPYHOLI' be arranged?

A) 89,972 B) 90,720
C) 72,000 D) 81,000
 
Answer & Explanation Answer: B) 90,720

Explanation:

The given word HAPPYHOLI has 9 letters

These 9 letters can e arranged in 9! ways.

But here in the given word letters H & P are repeated twice each

Therefore, Number of ways these 9 letters can be arranged is 

9!2! x 2! = 9 x 8 x 7 x 6 x 5 x 4 x 32 = 90,720 ways.

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Filed Under: Permutations and Combinations
Exam Prep: AIEEE , Bank Exams , CAT
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7 2712
Q:

5/8 as a Decimal Equals To

A) 0.625 B) 0.541
C) 0.258 D) 0.147
 
Answer & Explanation Answer: A) 0.625

Explanation:

5/8 is Nothing but to divide 5 into 8 parts.

 

 

As 5 is smaller than 8, the quotient starts with a decimal point to make 5 as 50 to be divisible by 8. (0.)

 

 

Now 50 goes for 6 times in 8 leaving a remainder 2. (0.6)

 

  

Again 2 is smaller than 8, As it already has decimal point in the quotient, now 2 becomes 20.

 

  

Now 20 goes for 2 times in 8 leaving a remainder 4. (0.62)

 

  

Again 4 is smaller than 8, As it already has decimal point in the quotient, now 4 becomes 40.

 

 

Now 40 goes for 5 times in 8 leaving a remainder 0. (0.625)

 

 

Therefore, the decimal value of 58 is 0.625.

 

Now find a decimal value of 1117 and Discuss your at Discuss.

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Filed Under: Decimal Fractions
Exam Prep: GATE , CAT , Bank Exams , AIEEE
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8 2710
Q:

Financial statements are prepared in the following order.

A) Income statement - Balance sheet - Statement of retained earnings B) Income statement - Statement of retained earnings - Balance sheet
C) Balance sheet - Statement of retained earnings - Income statement D) Statement of retained earnings - Balance sheet - Income statement
 
Answer & Explanation Answer: B) Income statement - Statement of retained earnings - Balance sheet

Explanation:

The financial statements should be prepared in the following order:


Income statement - Statement of retained earnings - Balance sheet

 

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

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Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 2708
Q:

Kargil Fight held in

A) 1979 B) 1989
C) 1999 D) 1969
 
Answer & Explanation Answer: C) 1999

Explanation:

The Kargil War, also known as the Kargil conflict, was an armed conflict between India and Pakistan that took place between May and July 1999 in the Kargil district of Kashmir and elsewhere along the Line of Control (LOC). In India, the conflict is also referred to as Operation Vijay.

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

3 2707
Q:

In which organ RBC are selectively destroyed/recycled by macrophages?

A) Kidney B) Pancreas
C) Spleen D) Liver
 
Answer & Explanation Answer: C) Spleen

Explanation:

Spleen is called as the graveyard of RBC Red Blood Cells where they are selectively destroyed/recycled by macrophages.

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

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