Bank PO Questions


Q:

Peacock was declared National Bird of India in which year?

A) 1963 B) 1960
C) 1953 D) 1950
 
Answer & Explanation Answer: A) 1963

Explanation:

In 1963, the peacock was declared theNational Bird of India because of its rich religious and legendary involvement in Indian traditions.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

What does Earned Income Tax Credit (EITC) means ?

Answer

The United States Federal Earned Income Tax Credit (EITC) is a refundable tax credit, that helps low and medium - income individuals and couples, primarily for those who have qualifying children. 

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

5 2616
Q:

Which city has been named as the world's most liveable city for the seventh year in a row by The Economist in its Global Liveability Report ?

A) Hyderabad B) Vienna
C) Melbourne D) New Delhi
 
Answer & Explanation Answer: C) Melbourne

Explanation:
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Filed Under: Famous Places
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

8 2615
Q:

International Day of Happiness is celebrated throughout the world on  ?

A) 21st March B) 23rd March
C) 20th March D) 19th March
 
Answer & Explanation Answer: C) 20th March

Explanation:

The International Day of Happiness (known as Happiness Day) is celebrated throughout the world on the 20th of March. The International Day of Happiness was founded on June 28, 2012, by the United Nations General Assembly when all 193 member states unanimously adopted UN resolution 66/281.

It was celebrated for the first time in 2013.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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2 2615
Q:

If in an A.P series 18th term is 29 and 29th term is 18. Then find the 49th term ?

A) -3 B) -2
C) 0 D) 1
 
Answer & Explanation Answer: B) -2

Explanation:

We know that in A.P series
18th term = a + 17d
29th term = a + 28d
But given
a + 17d = 29..........(i)
a + 28d = 18......... (ii)
Solving equation (i) and (ii), we get
d = -1
put d = -1 in any of the above equations and we get,
a = 46
Now, we know 49th term can be written as, a + 48d
putting the value of a and d in the above equation,
a + 48d = 46 + 48(-1)
= 46 - 48
= -2

Hence, the 49th term is -2.

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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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3 2614
Q:

What do you understand by Intercompany Settlement ?

Answer

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer.


This process is known as Intercompany Settlement. 

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

1 2613
Q:

Where is the headquarters of Tea Board of India?

A) Kolkata B) Dispur
C) Ranchi D) Imphal
 
Answer & Explanation Answer: A) Kolkata

Explanation:

The headquarters of Tea Board of India is in Kolkata, West Bengal.

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Filed Under: Indian Geography
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3 2612
Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

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

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