Bank Clerk Questions


Q:

Mercantilism was the principle that

A) Wealth is created in business relations B) The goal is an active trade balance of trade
C) To serve protectionism, government subsidies and the issue of protective tariffs D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Mercantilism was the principle that wealth of a nation comes from trading with other nations and also comes by imposing government regulations on all of the nation's economic interests.

 

The main principles of mercantilism:

• the country's wealth is determined by the amount of precious metals in the country,

• Wealth is created in business relations (International Trade)

• The goal is an active trade balance of trade,

• to serve protectionism, government subsidies and the issue of protective tariffs.

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

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Q:

Which best describes the practice of outsourcing?

Answer

 


In business, outsourcing is an agreement in which one company contracts its own internal activity to different company. It involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing).


 


A company moves some of its jobs to another country and employing workers in other countries to save on labor costs best describes the practice of outsourcing.

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Subject: Business Intelligence Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

"An Autobiography" is the autobiography of

A) Mahatma Gandhi B) Jawaharlal Nehru
C) Sachin Tendulkar D) Yuvaraj Singh
 
Answer & Explanation Answer: B) Jawaharlal Nehru

Explanation:

"An Autobiography" is the autobiography of first Prime Minister of India Shri Jawaharlal Nehru.

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

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Q:

Which of the following is classified as working capital?

A) currents assets B) current liabilities
C) Both A & B D) current assets - current liabities
 
Answer & Explanation Answer: D) current assets - current liabities

Explanation:

Working capital, also known as net working capital, is the difference between a company’s current assets, like cash, accounts receivable and inventories of raw materials and finished goods, and its current liabilities, like accounts payable.

 

Working Capital = Current Assets - Current Liabilities

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

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Q:

OTT stands for

Answer

OTT stands for 'Over-The-Top' is a term in media industry for the delivery of film and TV content via internet. It doen't require any users to subscribe to a traditional cable or satellite pay TV service.


 


Examples for OTT players include Netflix and Amazon Prime.

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Q:

National Security Day celebrating across the country every year on

A) 4th March B) 5th March
C) 6th March D) 7th March
 
Answer & Explanation Answer: A) 4th March

Explanation:

National security refers to security of a nation state, including its citizens, economy&institutions, is regarded as a duty of govt. It is celebrated every year on 4th March. The 1st National Security Day observed in the year 1972.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which Protein regulates milk production in mammals?

A) Elastin B) Actin
C) Prolactin D) Collagen
 
Answer & Explanation Answer: C) Prolactin

Explanation:

The Prolactin Protein regulates milk production in mammals.

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

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Q:

What is the name of India's first female Prime Minister Smt. Indira Gandhi samadhi place?

A) Ekta Sthal B) Shakti Sthal
C) Shantivan D) Veer Bhumi
 
Answer & Explanation Answer: B) Shakti Sthal

Explanation:

Smt. Indira Gandhi samadhi place is called as Shakti Sthal meaning Place of Power..

 

Ekta Sthal - Giani Zail Singh, The President of India.

Shantivan - Jawaharlal Nehru, The Prime Minister of India.

Veer Bhumi - Rajiv Gandhi, The Prime Minister of India.

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

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