Bank PO Questions


Q:

The bankruptcy of which company initiated the Panic of 1873?

A) Republic Steel Company B) Jay Cooke & Company
C) Standard Oil Company D) Century Building Society
 
Answer & Explanation Answer: B) Jay Cooke & Company

Explanation:

Jay Cooke & Company, a major component of the United States banking establishment, found itself unable to market several million dollars in Northern Pacific Railway bonds in september 1873. Cooke's firm, like many others, had invested heavily in the railroads.

 

Hence, the bankruptcy of Jay Cooke & company initiated the Panic of 1873.

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

0 2308
Q:

The fastest century record in one day cricket hold by

A) Chris Gayle B) A B Devilliers
C) Rohit Sharma D) Shahid Afridi
 
Answer & Explanation Answer: B) A B Devilliers

Explanation:

The fastest century record in one day International cricket was hold by South Africa Batsman A.B.Divilliers against West Indies on Jan 18, 2015 in Johannesburg. It was 100 in 31 balls.

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Filed Under: Sports
Exam Prep: AIEEE , Bank Exams , CAT
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15 2307
Q:

One who believes in fate

A) Evitalist B) Fatalist
C) Believer D) Futurist
 
Answer & Explanation Answer: B) Fatalist

Explanation:

One who believes in fate or luck is caled as Fatalist or determinist.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT
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1 2307
Q:

Final goods and services refer to

A) goods and services purchased by ultimate users, rather than for resale or further processing B) goods and services whose value has been adjusted for changes in the price level
C) the excess of U.S. exports over U.S. imports D) goods and services that are unsold and therefore added to inventories
 
Answer & Explanation Answer: A) goods and services purchased by ultimate users, rather than for resale or further processing

Explanation:

Final goods and services refer to goods and services that have been purchased for final use and that cannot be resaled.

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

2 2307
Q:

What does deficit spending require a government to do?

A) cut taxes B) hire more workers
C) lay off workers D) take on debt
 
Answer & Explanation Answer: D) take on debt

Explanation:

Deficit spending means spending more than the income getting. A government need to take debts for deficit spending.

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

1 2307
Q:

What element behaves most like magnesium?

A) Sr B) S
C) Si D) Sn
 
Answer & Explanation Answer: A) Sr

Explanation:

We know that, elements in the same group of the periodic table have similar characteristics. Here magnesium and strontium are the same 2nd group elements and have same behavior. 

Therefore, strontium behaves same as magnesium. 

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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5 2307
Q:

Who is the head of the RBI panel on MSME revival?

A) Manoj Das B) U K Sinha
C) Simba D) None of the above
 
Answer & Explanation Answer: B) U K Sinha

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

0 2306
Q:

The sources of state power are specifically outlined in

A) The Tenth Amendment B) The supremacy clause
C) Article l D) All of the above
 
Answer & Explanation Answer: A) The Tenth Amendment

Explanation:

The sources of state power are specifically outlined in the Tenth Amendment of the Bill of Rights.
When the Constitution was first proposed, many people were concerned about the federal government become too powerful. A group known as the anti-federalists pushed for a way to legally set aside certain rights and powers to individual states.

This amendment was added to satisfy the anti-federalists who were concerned that the Constitution would grant the federal government unlimited power.

 

The Tenth Amendment states that all powers that are not specifically given to the federal government are reserved to individual states.

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Filed Under: Indian Politics
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