Bank Clerk Questions


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

0 3515
Q:

Separation of judiciary from executive is enjoined by

A) Directive principle B) Judicial decision
C) Seventh schedule D) Preamble
 
Answer & Explanation Answer: A) Directive principle

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

7 3513
Q:

A substance that cannot be broken down into simpler substances

A) Heterogenous mixure B) Compound
C) Homogenous mixture D) Element
 
Answer & Explanation Answer: D) Element

Explanation:

A substance that cannot be decomposed (broken down) into simpler substances by ordinary chemical means.

Examples: gold, iron, carbon, hydrogen, oxygen, nitrogen.

Material composed of only one kind of matter throughout (same atoms or same molecules).

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 3513
Q:

'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?

A) Nil Accounting Variation B) New Asset Venture
C) Net Accounting Venture D) Net Asset Value
 
Answer & Explanation Answer: D) Net Asset Value

Explanation:

Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

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

2 3513
Q:

A calorie is another term for carbohydrate.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

The given statement that a calorie is another term for carbohydrate is False.


 


Carbohydrates are one of the main types of nutrients, and are most important source of energy.


 


Where as Calorie is a measurement of how much heat energy is generated by the body processing food.


 


Your digestive system changes carbohydrates into glucose(blood sugar). Your body uses this sugar for energy. 


 

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Subject: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

2 3511
Q:

Who is known as Architect of Modern India?

A) Vallabhai Patel B) Subhash Chandra Bose
C) Jawaharlal Nehru D) None of the above
 
Answer & Explanation Answer: C) Jawaharlal Nehru

Explanation:

Jawaharlal Nehru is known as Architect of Modern India.

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

3 3510
Q:

Which of the following is a rational number?

A) 0.241 B) 1.732
C) 4 D) All of the above
 
Answer & Explanation Answer: C) 4

Explanation:

Any number which can be expressed as a fraction of two integers like P & Q as P/Q where Q is not equal to zero.

Every integer is a rational number since Q can be 1.

 

Hence, in the given options, 4 can be expressed as a simple fraction as 4/1. And all other options cannot be expressed as fractions.

 

Hence, 4 is a rational number in the given options.

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

8 3510
Q:

Which term is a type of detail?

A) chronology B) prose
C) style D) statistic
 
Answer & Explanation Answer: A) chronology

Explanation:

In chronology, the sequence of events from the latest to the oldest events or vice versa is laid. In this case, the details of how a particular event or place or thought developed through time is detailed in a chronology. 

 

Hence, the term chronology is a type of detail.

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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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4 3509