Bank Clerk Questions


Q:

In which city 2017 Global Entrepreneurship Summit will be held ?

A) New Delhi B) Hyderabad
C) Bangaluru D) Mumbai
 
Answer & Explanation Answer: B) Hyderabad

Explanation:

Government of India and the United States met today at NITI Aayog to plan the 2017 Global Entrepreneurship Summit, which will be held November 28-30 at the Hyderabad International Convention Centre in Hyderabad, India.
 
The Summit will be inaugurated by Prime Minister Narendra Modi and Advisor to the President, Ivanka Trump, who leads the U.S. delegation.

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

13 3554
Q:

Internal controls are concerned with

A) the extent of government regulations B) preparing income tax returns
C) safeguarding assets D) only manual systems of accounting
 
Answer & Explanation Answer: C) safeguarding assets

Explanation:

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

 

Internal control is all of the policies and procedures management uses to achieve the following goals.

  • Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

 

  • Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

 

  • Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

 

  • Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

 

  • Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

 

Hence, Internal controls are concerned with safeguarding assets.

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

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Q:

The 'Ringgit' is the present day currency of which of the following country ?

A) Singapore B) Malaysia
C) Switzerland D) Thailand
 
Answer & Explanation Answer:

Explanation:
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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

20 3549
Q:

Suspense account group is defined under

A) Assets B) Income
C) Expenditure D) Liabilities
 
Answer & Explanation Answer: D) Liabilities

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

1 3548
Q:

Manogna's father was 38 years of age when she was born while her mother was 36 years old when her brother, 4 years younger than her, was born. What is the difference between the ages of her parents?

A) 2 years B) 4 years
C) 6 years D) 8 years
 
Answer & Explanation Answer: C) 6 years

Explanation:

From the given data,

Manogna’s age be 0 when she was born.

Her father’s age = 38 years

Her mother’s age when Manogna’s brother who is 4 years younger to her was born = 36 years

=> Manogna’s mother age when Manogna was born = 36 - 4 = 32 years

 

Hence, the difference between the ages of Manogna’s parents = 38 - 32 = 6 years.

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Q:

Which form of verb is used with did?

A) V1 B) V2
C) V3 D) None of the above
 
Answer & Explanation Answer: A) V1

Explanation:

The words do, does and did often cause confusion in the English language. They are all forms of the verb to do.

 

It is also common to use do, does and did as auxiliary verbs (or helping verbs) together with another verb in its base form. This is used to create negative sentences, questions, or for adding emphasis.

 

Examples :: 

* Russel did a great job on his debut match for team.

* Did you catch the train this morning?

* When did they arrive home?

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

1 3545
Q:

How many lines of symmetry does a Pentagon have?

A) 4 B) 5
C) 6 D) 0
 
Answer & Explanation Answer: B) 5

Explanation:

A regular Pentagon have 5 sides and 5 lines of symmetry. 

  • The number of lines of symmetry in a regular polygon is equal to the number of sides.
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Filed Under: Analytical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

15 3545
Q:

Which of the following Rivers has no Bridges built over it?

A) Nile B) Congo river
C) Amazon river D) Yellow river
 
Answer & Explanation Answer: C) Amazon river

Explanation:

There are No bridges over The Amazon River.

The Amazon River, in South America, is the largest river by discharge volume of water in the world and the second longest in length after The Nile in Egypt.

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

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