Bank PO Questions


Q:

What is reconciliation ?

Answer

You should have recorded in your cash books all amounts you have actually received and payments you have actually made. However the cash books may be incomplete as your bank may have put extra transactions through your account such as:


► bank fees or interest charges
► direct debits (payments) and direct credits (receipts).


Doing a regular bank reconciliation will allow you to:


► take into account any extra transactions your bank puts through your account and
► check and record any errors or omissions.


By regularly doing a bank reconciliation (say monthly) you can be more confident that your records contain all the information you need to prepare your income tax return and activity statements.

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Subject: Accounts Payable Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Which of the following contain no calories?

A) Vitamins B) Carbohydrates
C) Proteins D) Alcohol
 
Answer & Explanation Answer: A) Vitamins

Explanation:

Vitamins have no calories.

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

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Q:

A command economy tends to exist under a

A) Representative government that provides no regulation. B) Socialist government that provides a lot of regulation.
C) Communist government that provides little regulation. D) Democratic government that provides some regulation.
 
Answer & Explanation Answer: B) Socialist government that provides a lot of regulation.

Explanation:

A command economy types of government decide which goods would be produced without any interference of the public.


Command economy ran in Germany during the rule of Adolf Hitler. 

 

A command economy tends to exist under a socialist government that provides a lot of regulation.

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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:

Relationships among people are

A) not influenced by people's ideas and attitudes. B) something that must be maintained to stay healthy and strong.
C) one of two types—social or working. D) usually simple and easy to understand.
 
Answer & Explanation Answer: B) something that must be maintained to stay healthy and strong.

Explanation:

Relationships among people are to be maintained in such a way that the people must stay healthy and to become strong enough.

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

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Q:

Type of government in Nigeria today?

A) Federal B) Republic
C) Presidential system D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Nigeria, an African country on the Gulf of Guinea. 

 

Nigeria has a Federal Republic and Presidential system of Government.

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

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Q:

Where is it legal to tie up your boat?

A) to a lighted buoy B) to a mooring buoy
C) to a non-lateral marker D) to a safe water marker
 
Answer & Explanation Answer: B) to a mooring buoy

Explanation:

Mooring buoy are white with a blue horizontal band. They usually are placed in marinas and other areas where boats are allowed to anchor. These are the only buoys you may tie up to legally.

buoy_mooring_can1532169062.jpg image

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

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Q:

Who is the new president of News Broadcasters Association (NBA) for 2017-18 ?

A) Barun Das B) K. V. L Narayan Rao
C) Ashok Venkatramani D) Rajat Sharma
 
Answer & Explanation Answer: D) Rajat Sharma

Explanation:

India TV chairman and editor-in- chief Rajat Sharma will be the new president of the News Broadcasters Association (NBA) for 2017-18.

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

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Q:

In an objective competitive exam, a correct answer score 4 marks and on a wrong answer 2 marks are negatively added. A student scores 420 marks from 150 question. How many answers were correct ?

A) 145 B) 138
C) 125 D) 120
 
Answer & Explanation Answer: D) 120

Explanation:

let x be the correct answer and y be the wrong answer
so the total number of questions is (x + y) = 150.....(1)
=> 4x - 2y = 420.....(2)
By solving (1) & (2), we get
=> 6x = 720
hence x = 120
Therefore, number of correct answers are 120.

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

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