Bank PO Questions


Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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

7 8651
Q:

Sandalwood is largely found in

A) India B) Japan
C) China D) Nepal
 
Answer & Explanation Answer: A) India

Explanation:

Sandalwood is largely found in India and they are government owned and their harvest is controlled.

 

Naturally grown sandalwood can be easily found in Karnataka, Tamilnadu, Andhra, Kerala, Gujarat, Madhya Pradesh, and U.P. Manipura and in some other states of India.

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Filed Under: Indian Geography
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12 8637
Q:

In a year, Holi was enjoyed on 6th March 9 AM and Deepawali was celebrated on 11th November 8 PM. The total time interval (in hours) between the two was ?

A) 2101 hrs B) 4125 hrs
C) 5124 hrs D) 6011 hrs
 
Answer & Explanation Answer: D) 6011 hrs

Explanation:

From March 6th to November 11th,
there are 250 days and
Thus 250 x 24 hours
So from Mar 6th 9AM to Nov 11th 8PM, there will be 250 x 24 + 11 hours = 6011 hrs.

 

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Filed Under: Calendar
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28 8636
Q:

A man pointing to a lady says, "Her brother is the father of my only son's sister."  How is that lady related to the man ?

A) sister of father-in-law B) daughter-in-law
C) Sister D) daughter
 
Answer & Explanation Answer: C) Sister

Explanation:
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Filed Under: Blood Relations
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14 8633
Q:

What symbol is used to enter number as text?

A) = B) "
C) ' D) _
 
Answer & Explanation Answer: C) '

Explanation:

Apostrophe(‘) symbol is used before a number to make it a text or label.

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Filed Under: Computer
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26 8626
Q:

India derives its name from

A) The Hindus B) The Aryans
C) Indus River D) Lord Indra
 
Answer & Explanation Answer: C) Indus River

Explanation:

The name India is originally derived from the name of the river Sindhu (Indus River).

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Filed Under: Indian History
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25 8622
Q:

Which unit of valuation is known as paper gold?

A) SDR B) Eurodollar
C) GDR D) Petrodollar
 
Answer & Explanation Answer: A) SDR

Explanation:

SDR means Special Drawing Rights.

 

SDRs are a measure of a country's reserve assets with IMF and, whereas not 'money' in the strict sense, have several characteristics of money as interest-bearing assets, store of value, and means of settling indebtedness.

 

International financing instrument created in 1970 by the International Monetary Fund (IMF) to coincide with the disfavor of the US dollar as the principal currency of the world trade. Also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for balance Of payments settlements.

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Filed Under: General Awareness
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11 8620
Q:

An electrically charged atom or group of atoms is called

A) An ion B) A meson
C) A electron D) None of the above
 
Answer & Explanation Answer: A) An ion

Explanation:

An electrically charged atom or group of atoms formed by the loss or gain of one or more electrons is called an Ion.

Cation:

An ion is a cation (positive ion) if it is created by electron loss and is attracted to the cathode in electrolysis.

Anion:

An ion is an anion (negative ion) if it is created by an electron gain and is attracted to the anode.

 

The valence of an ion is equal to the number of electrons lost or gained and is indicated by a plus sign for cations and a minus sign for anions.

Ex: Na +, Cl−, Ca ++,...

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Filed Under: Chemistry
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11 8619