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Bank PO Questions

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Q:

Who was primarily responsible for the cold war?

A) U.S B) Soviet Union
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) Soviet Union

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

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Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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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:

Revenue should be recognized when

A) the service is performed B) the customer charges an order
C) cash is received D) the customer places an order
 
Answer & Explanation Answer: A) the service is performed

Explanation:

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

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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:

Shays rebellion was significant because it

A) led for new constitution of US B) Many farmers got their lands back
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) led for new constitution of US

Explanation:

In the year 1786, in US Shay's rebellion was a rebellion among the farmers of Massachusetts and significant because as it is one of the major factor which led to the writing of new US constitution.

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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:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'

1. Each nation aspire to do well
2. but there are glaring economical
3. inequalities between them
4. No error

A)

1

 B)

2
C)

3

 D)

4
 
Answer & Explanation Answer: A)

1



Explanation:
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Filed Under: English
Exam Prep: TOEFL , GRE , CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

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Q:

For a good that is a luxury demand

A) has unit elasticity B) tends to be inelastic
C) tends to be elastic D) cannot be represented
 
Answer & Explanation Answer: C) tends to be elastic

Explanation:

For a good that is a luxury demand tends to be elastic.

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

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Q:

If two marbles are picked at random, what is the probability that either both are red or both are green?

A) 5/7 B) 5/14
C) 1/7 D) 1/14
 
Answer & Explanation Answer: C) 1/7

Explanation:

Required probability = (10+3)91=1391=17

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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Q:

Who among the following won the best actor award in the 48th International Film Festival of India (IFFI), organized in November 2017 at Panji, Goa?

A) Atom Egoyan B) Robin Campillo
C) Vivian Qu D) Nahuel Perez Biscayart
 
Answer & Explanation Answer: D) Nahuel Perez Biscayart

Explanation:
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Filed Under: Honours and Awards
Exam Prep: GATE , Bank Exams
Job Role: Bank PO , Bank Clerk

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