Bank Clerk Questions


Q:

Assertion(A) : Most of the Himalayan rivers are perennial.
Reason(R) : They are fed by melting snow.

A) R correctly explains A B) R is true but A is fale
C) A is true but R is false D) Both A and R are false
 
Answer & Explanation Answer: A) R correctly explains A

Explanation:

Most Himalayan rivers are perennial because they are fed by the melting snow throughout the year.
Thus, both A and R are true & R correctly explains A.

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Filed Under: Assertion and Reason
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Q:

Which must be true for metamorphism to occur?

A) The parent rock must be in solid form. B) Tons of pressure must be applied.
C) The process must take place underground. D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Metamorphism is the change of minerals or geologic texture in pre-existing rocks, without the protolith melting into liquid magma. The change occurs primarily due to heat, pressure, and the introduction of chemically active fluids.

 

The parent rock must be in solid form. Tons of pressure must be applied for metamorphism to happen. The process must take place underground.

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Filed Under: Physics
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Q:

Where was India's first F1 circuit built?

A) Jaipur B) Coimbatore
C) Noida D) Chennai
 
Answer & Explanation Answer: C) Noida

Explanation:

Fi circuit refers to Formula One, is the highest class of open-wheeled auto racing defined by FIA, motorsport's world governing body.

 

The Buddh International Circuit is an Indian motor racing circuit in Greater Noida, Uttar Pradesh was India's first F1 circuit.

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Filed Under: General Awareness
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Q:

All of these are exemptions from local real property taxes EXCEPT :

A) Low-income homeowner's exemption B) Homeowner's exemption
C) Veteran's exemption D) Senior citizen's tax exemption
 
Answer & Explanation Answer: A) Low-income homeowner's exemption

Explanation:

Under state law limited exemptions from local real property taxes for individuals who qualify are senior citizens(blind and disabled persons), who may defer their taxes; Veterans, who receive $4000 off assessed value; and homeowners, who receive $7000 off assessed value.

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Q:

Which is the first bank established in India?

A) General Bank of India B) Bank of Calcutta
C) Bank of Hindustan D) Bank of Baroda
 
Answer & Explanation Answer: C) Bank of Hindustan

Explanation:

The first bank established in India in the year 1770 was Bank of Hindustan followed by the General Bank of India in the year 1786. The State Bank of India (SBI) was the still existing oldest bank which was established in the year 1806 in the name of Bank of Calcutta.

Which_is_the_first_bank_established_in_India1559281065.jpg image

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Q:

Currency of Peru is

A) Chilean Peso B) Euro
C) Sol D) Dollar
 
Answer & Explanation Answer: C) Sol

Explanation:

Peru is a country in South America. Lima is the capital city of Peru. Sol is the currency of Peru.

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Q:

Which of the following is not soluble in water?

A) copper(II) hydroxide B) sodium chloride
C) silver nitrate D) potassium sulfate
 
Answer & Explanation Answer: A) copper(II) hydroxide

Explanation:

Sodium chloride:

The solubility rules tell you that all halides are soluble with the exception of those formed with siver, mercury, and lead ions. Since this is not the case here, sodium chloride will be soluble.

 

Silver nitrate:

It is soluble because all nitrates are soluble, without exception.

 

Potassium sulfate:

It is soluble because all sulfates are soluble with the exception of those formed with silver, calcium, barium, mercury, lead, and strontium ions.

 

Copper (II) hydroxyde:

It is insoluble because all hydroxides are insoluble with the exception of those formed with alkali metal ions and barium.

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Filed Under: Chemistry
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Q:

Commercial banks are funded through which of the following?

A) Stock holders B) Government funding
C) Services D) Customer deposits
 
Answer & Explanation Answer: D) Customer deposits

Explanation:

A commercial bank is a type of financial institution that accepts deposits, offers checking account services, makes business, personal and mortgage loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking, as opposed to an investment bank.

 

Commercial banks are funded through customer deposits. These banks make money by providing loans and earning interest income from those loans. The types of loans a commercial bank can issue vary and may include mortgages, auto loans, business loans and personal loans. A commercial bank may specialize in just one or a few types of loans.

 

Customers who deposit money into these accounts effectively lend money to the bank and are paid interest. However, the interest rate paid by the bank on money they borrow is less than the rate charged on money they lend.

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