Bank Clerk Questions


Q:

Capitalism falls under _ economic system?

A) Market B) Planned
C) Command D) Mixed
 
Answer & Explanation Answer: A) Market

Explanation:

Capitalism is an economic system in which private individuals or businesses own capital goods i.e, economy is characterized by private ownership of the means of production. The production of goods and services is based on supply and demand in the general market known as a market economy and not on central planning known as a planned economy.

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

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Q:

The first amendment guarantees US by

Answer

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

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Subject: World Geography Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

When was Consumer Protection Act (COPRA) passed?

A) 1984 B) 1980
C) 1986 D) 1995
 
Answer & Explanation Answer: C) 1986

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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Q:

When was Judaism founded?

Answer

Judaism is one of the oldest monotheistic religions and was founded over 3500 years ago in the Middle East.


 


Jews believe that God appointed the Jews to be his chosen people in order to set an example of holiness and ethical behaviour to the world.

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Subject: World History Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

In the following questions, relationship between different elements are shown in the statements. These statements are followed by two conclusions. Give answer

Statements: K>L = M<=N, O < L>=P

Conclusions:

I.K>=O

II.N>=O

A) if only conclusion I is true. B) if only conclusion II is true.
C) if either conclusion I or II is true. D) if neither conclusion I nor II is true.
 
Answer & Explanation Answer: D) if neither conclusion I nor II is true.

Explanation:

I. K>=L>O, So K>=O is not true

II. O< L = M<=N, So N>=O is not true.

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

In each of these questions, a question is given followed by information in three statements. You have to find out the data in which statement(s) is sufficient to answer the question and mark your answer accordingly. What are the marks scored by Abhijit in English?

I. Marks scored by Abhijit in Maths are more than his marks in Science by 20.

II. Total marks scored by Abhijit in Maths, Science and English are 198.

III. Marks scored by Abhijit in Science are more than his marks in English by 12.

A) Any two of the three B) Only II and III
C) All I, II and III D) Question cannot be answered even with the information in all the three statements
 
Answer & Explanation Answer: C) All I, II and III

Explanation:

Suppose marked scored by Abhijit in English = x
From statement I,
Marks in science = x + 12
From statement III,
Marks in mathematics = x + 12 + 20
= x + 32
From statement II,
English + Science + Mathematics = 198
x + x +12 + x + 38 = 198
3x = 154
x = 154/3
All I, II and III are required to find answer.

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Q:

Making Optimal decisions at the margin requires

Answer

Making Optimal decisions at the margin requires "Weighing the costs and benefits of a decision before deciding if it should be pursued".


 

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

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Q:

In the expansion phase of a business cycle

A) economy moves from a trough to a peak. B) economy moves from a peak to a trough.
C) economy moves from a trough to a contraction. D) economy moves from a peak to a peak.
 
Answer & Explanation Answer: A) economy moves from a trough to a peak.

Explanation:

There are basically two important phases in a business cycle that are prosperity and depression. The other phases that are expansion, peak, trough and recovery are intermediary phases.

 

Expansion is a phase in which, when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak.

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Filed Under: Business Intelligence
Exam Prep: AIEEE , Bank Exams , CAT
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