Bank Clerk Questions

Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

A savings account is the most basic type of account at a bank or credit union, allowing you to deposit money, keep the funds safe, and withdraw funds as needed. Savings accounts typically pay interest on your deposits, which helps you grow your money, but rates are relatively low on these low-risk accounts.

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines and electronic debits, among other methods.

Hence, Saving accounts usually offer higher interest rates than checking accounts.

Three Indians – Ratan Tata, Lakshmi Mittal and Vinod Khosla have been featured on Forbe's list of the 100 Greatest Living Business Minds.

Coal is chemically complex fuel. Whenever it is burned, gases are given off and particles of ash, called "fly ash," are released. Release of sulfur from burning into the air. The sulfur in coal combines with oxygen to form sulfur dioxide, which can be a major source of air pollution if emitted in large enough quantities. This stuff comes back as acid rain when it attaches itself to a raindrop. 

Today, many of the effects of coal burning have been reduced significantly or eliminated. This is super-nasty and is only stopped by buying low-sulfur coal from Montana or Wyoming. The eastern power plants have to pay to move the coal from out west and this increases the price of power production.

Finance minister Arun Jaitley was on 13 March 2017 given the additional charge of the defence ministry after Manohar Parrikar resigned+ to take on the new role of Goa chief minister.

5% of 400000

= 5 x 400000/100

= 20,000

Hence, 5% of 4,00,000 = 20,000

Many types of renewable energy resources such as wind and solar energy are constantly replenished and will never run out.