Bank PO Questions


Q:

The average age of husband, wife and their child 3 years ago was 24 years and that of wife and child 5 years ago was 25 years. The present age of the husband is:

A) 21 yrs B) 27 yrs
C) 29 yrs D) 31 yrs
 
Answer & Explanation Answer: A) 21 yrs

Explanation:

Sum of ages of husband, wife and child= (24 × 3) + 9 = 81 years

Sum of ages of wife and child => 25 × 2 + 10 = 50 + 10 = 60 years

Age of husband = 81 - 60 = 21 years.

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Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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5 4060
Q:

A number is 2 more than thrice the second number and 4 times the smaller number is 5 more than the greater number. What is greater number  ?

A) 7 B) 23
C) 9 D) 21
 
Answer & Explanation Answer: B) 23

Explanation:

Let the greater and smaller number be p and q respectively.

4q = p + 5 ------ (I)

p = 3q+2 ------- (II)

From equation (I) and (II)

q = 7

p = 23

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Filed Under: Problems on Numbers
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11 4060
Q:

Most modern Banking Systems are based on

A) commodity money B) 100 percent reserves
C) fractional reserves D) money of intrinsic value
 
Answer & Explanation Answer: C) fractional reserves

Explanation:

Most modern banking systems are based on Fractional reserves.

 

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
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2 4059
Q:

The United Nations Public Service Day is observed on

A) June 24 B) June 23
C) June 26 D) June 25
 
Answer & Explanation Answer: B) June 23

Explanation:

The United Nations Public Service Day is observed every year on June 23 to recognize the work of public servants and to encourage young people to pursue careers in the public sector. The day is also observed to celebrate value and virtue of public service to the community and to raise awareness regarding the contribution of public service in the development of society and honouring the work of public servants.

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Filed Under: Important Days and Years
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3 4058
Q:

Concatenation of text can be done using

A) Ampersand (&) B) Hash (#)
C) Apostrophe (') D) Exclamation (!)
 
Answer & Explanation Answer: A) Ampersand (&)

Explanation:

Concatenation of text means adding a word with other word. It can be done using Ampersand (&).

For example :

'Amper' & 'sand' = Ampersand 

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Filed Under: Computer
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2 4053
Q:

Which planet experiences the volcano with the name of "Arsia Mon"  ?

A) Earth B) Mars
C) Jupiter D) None
 
Answer & Explanation Answer: B) Mars

Explanation:

Arsia Mons is among the three volcanos of the planet Mars. Arsia Mons is a shield volcano with a slow slope. Arsia Mons is thirty times in volumes of Mauna Loa in Hawaii, the largest volcano on Earth.

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Filed Under: World Geography
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9 4052
Q:

Gasoline is useful in cars because it has

A) chemical potential energy B) electrical potential energy
C) gravitational potential energy D) kinetic energy
 
Answer & Explanation Answer: A) chemical potential energy

Explanation:

Gasoline is a colorless petroleum-derived flammable liquid that is used primarily as a fuel in spark-ignited internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. It is also called as Petrol. It has chemical potential energy, in combustion it is turned into light, sound, heat and kinetic energy.

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Filed Under: Physics
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2 4051
Q:

A word processor would most likely be used to do

A) do a computer search in media center B) type a biography
C) keep an account of money spent D) maintain an inventory
 
Answer & Explanation Answer: B) type a biography

Explanation:

A_word_processor_would_most_likely_be_used_to_do1556277105.jpg image

 

 A word processor would most likely be used to do type a biography.

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

2 4051