Bank Clerk Questions


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 3018
Q:

Reduction of oxygen which forms water occurs during

A) Respiration B) Photosynthesis
C) Both A & B D) Neither photosynthesis nor respiration
 
Answer & Explanation Answer: A) Respiration

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

1 3018
Q:

70000 a year is how much an hour?

A) 80 B) 8
C) 0.8 D) 0.08
 
Answer & Explanation Answer: B) 8

Explanation:

Given for year = 70000

=> 365 days = 70000

=> 365 x 24 hours = 70000

=>   1 hour = ?

70000/365x24 = 7.990 = 8

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3 3018
Q:

Which of the following is not a monotheistic religion?

A) Hinduism B) Christianity
C) Islam D) Sikhism
 
Answer & Explanation Answer: A) Hinduism

Explanation:

Monotheism is the belief in a single all-powerful god, as opposed to religions that believe in multiple gods.

Sikhism, Judaism, Christianity, and Islam are widely practiced forms of monotheism.

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

5 3018
Q:

What can you serve but never eat?

Answer

A Badminton shuttle or a tennis ball.

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10 3016
Q:

When I was 24, my mother was twice my age. Now I am 44, how old is my mother?

A) 84 B) 48
C) 68 D) 88
 
Answer & Explanation Answer: C) 68

Explanation:

From the given data,

when my age is 24, my mothers age is double of my age 

=> 48 yrs is my mothers age

=> Difference is 48 - 24 = 24 years.

 

When my age is 44

=> My mother is 44 + 24 = 68 years aged.

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

16 3015
Q:

Which is the only bird that can rotate its head to 270 degrees?

A) Kiwis B) Owl
C) Peacock D) Pigeon
 
Answer & Explanation Answer: B) Owl

Explanation:

The only bird that can rotate its head to 270 degrees is OWL.

the_only_bird_that_can_rotate_its_head_to_270_degrees1552025348.jpg image

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Filed Under: Animals and Birds
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

8 3015
Q:

Which of the following airport has been declared as the "Best Airport in India and Central Asia" in Skytrax World Airport Awards ?

A) Rajiv Gandhi International Airport, Hyderabad B) Indira Gandhi International Airport, New Delhi
C) Kuala Lumpur International Airport, Malaysia D) Goa International Airport, Goa
 
Answer & Explanation Answer: B) Indira Gandhi International Airport, New Delhi

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

1 3013