Bank Clerk Questions

Asset means anything that can be converted into cash. Here in banks, the loans disbursed by Bank to its customers is considered as assets because when they are cleared by them, then they are directly converted to cash.

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.

Frequency is what means how many times the event occurs in the same period.

According to cell theory, Cells being formed from pure water is impossible.

The preamble to the constitution does not specify providing for economic equity.

Italian sonnets have 14 lines and are written in iambic pentameter. They are divided into two sections: the octave and the sestet. The octave of an Italian sonnet consists of the first eight lines of the poem. It follows an ABBAABBA rhyme pattern.

A mountain is what has roots that nobody sees, Is taller than trees, Up, up it goes, Yet it never grows.

Final goods and services refer to goods and services that have been purchased for final use and that cannot be resaled.