Bank PO Questions


Q:

Which of the following investment choices is least risky?

A) Renting B) Bonds
C) Flipping D) CD's
 
Answer & Explanation Answer: D) CD's

Explanation:

CDs are the least risky investment choice when compared to flipping, renting and bonds.

A certificate of deposit (CD) is a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements. A CD restricts access to the funds until the maturity date of the investment. CDs are generally issued by commercial banks.

CDs are issued by the bank and are guaranteed by the government. So even if the bank goes bankrupt the investor's money is guaranteed to a certain extent.

Flipping and renting are subjected to market fluctuations while bonds are not insured.

 

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Filed Under: Finance
Exam Prep: Bank Exams , CAT
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Q:

Exercise is a subset of physical activity that is

A) Repetative B) Planned
C) Structured D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Exercise is a subset of physical activity that is planned, structured and repetative.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Who has sworn in as 45th Chief Justice of India  ?

A) Dipak Misra B) J S Khehar
C) T. S. Thakur D) Ranganath Misra
 
Answer & Explanation Answer: A) Dipak Misra

Explanation:
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Filed Under: General Awareness
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Q:

Which is the longest railway platform in the world?

A) Mumbai B) Gorakhpur
C) Thane D) Kochi
 
Answer & Explanation Answer: B) Gorakhpur

Explanation:

Gorakhpur railway platform in Uttar Pradesh is the longest railway platform in the world.

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Filed Under: Longest, Shortest, Deepest
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Q:

Which continent has the least countries?

A) Africa B) South America
C) Antarctica D) Europe
 
Answer & Explanation Answer: C) Antarctica

Explanation:

Africa - 54 countries

South America - 12 countries

Antarctica - 0 countries

Europe - 43 countries.

 

Hence, Antarctica continent has the least countries.

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Q:

What are the Golden Rules Of Accounting ?

Answer

Golden rules of accounting convert complex book-keeping rules into a set of well defined principles which can be easily studied and applied.



Real accounts involve machinery, land and building etc... Similarly when you credit what goes out, you are reducing the account balance when a tangible asset goes out of the organization. Debit All Expenses And Losses, Credit All Incomes And Gains. This rule is applied when the account in question is a nominal account.


Personal-Account


---Debit the receiver


---Credit the Giver


Real-Account


---Debit what comes in


---Credit what goes out


Nominal-Account


---Debit all expenses and losses


---Credit all income and gains

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

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Q:

(3x + 2) (2x - 5) = ax² + kx + n. What is the value of  a - n + k ?

A) 4 B) 1
C) 5 D) 3
 
Answer & Explanation Answer: C) 5

Explanation:

(3x + 2) (2x - 5) = ax2+kx+n ...............(1)

 

But (3x + 2)(2x - 5) = 6x2-11x-10........(2)

 

so by comparing (1) & (2),

 

we get a= 6, k= -11 , n= -10

 

(a - n + k) = 6 + 10 - 11 = 5.

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Filed Under: Numbers
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Q:

In a class of 80 students and 5 teachers, each student got shopping coupons that are 15% of the total number of students and each teacher got shopping coupons, that are 25% of the total number of students. How many shopping coupons were there?

A) 960 B) 1000
C) 1060 D) 100
 
Answer & Explanation Answer: C) 1060

Explanation:

Given total number of students = 80

Total teachers = 5

Number of coupons each student got = 15 x 80/100 = 12

Number of coupons each teacher got = 25 x 80/100 = 20

 

Therefore, total number of shopping coupons = 80 x 12 + 5 x 20 = 960 + 100 = 1060.

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Filed Under: Percentage
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