Bank Clerk Questions

Yield to maturity is a concept for fixed rate bonds and is the internal rate of return i.e. the rate at which future flows are discounted on a compound basis to give the present value of the bond including accrued interest.

The least common multiple of 12 and 15 is

12 = 2 x 2 x 3

15 = 3 x 5

LCM of 12 and 15 is  2 x 2 x 3 x 5 = 60.

A data structure is a specialized format for organizing and storing data. General data structure types include the array, the file, the record, the table, the tree, and so on. Any data structure is designed to organize data to suit a specific purpose so that it can be accessed and worked with in appropriate ways.

Linear data structure: A linear data structure traverses the data elements sequentially, in which only one data element can directly be reached.

Ex: Arrays, Linked Lists, Stack, Queue, Any type of List all are linear.

Trees like Binary Tree, B Tree or B+ Tree are examples of non linear data structure.

Beowulf is an Old English epic poem consisting of 3,182 alliterative lines. It is one of the most important works of Old English literature.

The one word substitution for Of outstanding significance is monumental which has a meaning of great in importance, in size or any such characteristic.

Cellulose is closely related to sugar and rated as a carbohydrate, which means that it is a compound of carbon, hydrogen and oxygen. The woody trunk of a tree is no more than dead cell walls.

Trunk of a tree refers to the main wooden axis of a tree that supports the branches and is supported by and directly attached to the roots. The molecule that makes it sturdy is cellulose.

Personal financial planning is the process of creating and achieving financial goals.

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.