Bank Clerk Questions


Q:

To buy goods on credit means to

A) promise to pay for goods later. B) pay only a discount price.
C) promise to pay only a sale price. D) pay cash for goods.
 
Answer & Explanation Answer: A) promise to pay for goods later.

Explanation:

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.

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

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Q:

The difference between the time taken by two trains to travel a distance of 350 km is 2 hours 20 minutes. If the difference between their speeds is 5 km/hr, what is the speed of faster train ?

A) 36 kmph B) 30 kmph
C) 34 kmph D) 40 kmph
 
Answer & Explanation Answer: B) 30 kmph

Explanation:

Let the speed of the faster train be 'S' kmph

 

Then speed of the slower train will be '(S-5)' kmph

 

Time taken by faster train = 350/S hrs

 

Time taken by slower train = 350/(S-5) hrs

 350s-5 - 350s = 2 hrs 20 min = 213 = 73

 

=> S = 30 km/hr.

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

16 7336
Q:

In a mixture of three varities of oils , the ratio of their weight is 4 : 5 : 8. If 5 kg of oils of the first variety, 10 kg of the second variety and some quantity of oils of the third variety are added to the mixture, the ratio of the weights of three varieties of oils becomes as 5 : 7 : 9 in the final mixture, find the quantity of third variety of oil was ? 

A) 15 kg B) 25 kg
C) 35 kg D) 45 kg
 
Answer & Explanation Answer: D) 45 kg

Explanation:

Let the ratio of initial quantity of oils be 'x' => 4x, 5x & 8x.
Let k be the quantity of third variety of oil in the final mixture.
Let the ratio of initial quantity of oils be 'y'
From given details,
4x + 5 = 5y ..... (1)
5x + 10 = 7y .....(2)
8x + k = 9y ......(3)

By solving (1) & (2), we get
x = 5 & y = 5

From (3) => k = 5

Therefore, quantity of third variety of oil was 9y = 9(5) = 45kg.

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

13 7330
Q:

Microwave communication uses high-frequency.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

Microwaves are high-frequency signals in the 300 MHz to 300 GHz range. This is in contrast to radio signals, which are typically broadcast in all directions. Radio signals operate in the 3 Hz to 300 MHz range.


Microwave signals are used for both satellite and ground-based communications.

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Subject: Physics
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

5 7327
Q:

Commercial banks are funded through which of the following?

A) Customer deposits B) Services
C) Stock holders D) Government funding
 
Answer & Explanation Answer: A) Customer deposits

Explanation:

A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.

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

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Q:

A bag contains 3 red balls, 5 yellow balls and 7 pink balls. If one ball is drawn at random from the bag, what is the probability that it is either pink or red?

A) 2/3 B) 1/8
C) 3/8 D) 3/4
 
Answer & Explanation Answer: A) 2/3

Explanation:

Given number of balls = 3 + 5 + 7 = 15

One ball is drawn randomly = 15C1

probability that it is either pink or red = 7C1 + 3C115C1 = 7 + 315 = 1015 = 23

 

 

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

22 7323
Q:

Who did not have an important role in the Swadeshi Movement ?

A) Muslims B) Students
C) Women D) Peasants
 
Answer & Explanation Answer: D) Peasants

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

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Q:

Who of the following threw a bomb in the Central Legislative Assembly along with Bhagat Singh ?

A) B.K. Dutt B) Sukhdev
C) Jatin Das D) Rajguru
 
Answer & Explanation Answer: A) B.K. Dutt

Explanation:

Bhagat Singh and B.K. Dutt threw bombs in the Legislative Assembly as a protest against "Passage of public Safety bill".

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

23 7310