Bank Clerk Questions


Q:

Who formulates fiscal policy in India?

A) Ministry of Finance B) Reserve Bank of India
C) Securities and Exchange Board of India (SEBI) D) Finance Commission
 
Answer & Explanation Answer: A) Ministry of Finance

Explanation:

In India, Fiscal Policy is formulated by the Ministry of Finance.

 

Fiscal policy is playing an important role on the economic and social front of a country. Traditionally, fiscal policy is concerned with the determination of state income and expenditure policy. But with the passage of time, the importance of fiscal policy has been increasing continuously for attaining rapid economic growth.

An effective fiscal policy is composed of policy decisions relating to the entire financial structure of the government including tax revenue, public expenditures, loans, transfers, debt management, budgetary deficit, etc.

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

24 20015
Q:

The Computer size was very large in

A) Fourth Generation B) Third Generation
C) Second Generation D) First Generation
 
Answer & Explanation Answer: D) First Generation

Explanation:

The First Generation Computers size was very large. 

 

Since the First generation computers used 1000s of vacuum tubes that required lot of space made them gigantic in size. Single transistor could replace 1000 vacuum tubes and a single IC chip replaced 1000s of transistors made computers smaller and more speedy.

 

It is obvious that computers developed with more power, reliability, speed and smaller sizes due to the enhancement of technology.

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34 19971
Q:

How many numbers up to 300 and 700 are divisible by 2, 3 and 7 both together ?

A) 7 B) 9
C) 11 D) 5
 
Answer & Explanation Answer: B) 9

Explanation:

LCM of 2, 3, 7 is 42.

=> (700 – 300)/42 = 9  22/42 => 9 Numbers.

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

28 19956
Q:

What has a spine but no bones?

A) Mirror B) Book
C) Table D) None of the above
 
Answer & Explanation Answer: B) Book

Explanation:

A book has a spine to hold all the pages, but it has no bones.

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42 19909
Q:

Find at what time between 9 and 10 o’clock will the hands of a clock be in 180° ?

A) 180/14 min past 10 B) 180/11 min past 9
C) 148/7 min past 10 D) 154/11 min past 9
 
Answer & Explanation Answer: B) 180/11 min past 9

Explanation:

At 9 o’clock, the hour hand is at 9 and the minutes hand is at 12, i.e., the two hands are 15 min. spaces apart.
So, the minute hand should gain = (30 - 15) minutes = 15 minutes
55 minutes will be gained in 60 min.
15 minutes spaces will be gained in ((60/55) x 15) min. = 180/11 min.
The hands will be in the same straight line but not together i.e.,in 180 degrees at 180/11 min. past 9.

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Filed Under: Clock puzzles
Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

73 19844
Q:

Eight years ago, Ajay's age was 4/3 times that of Vijay. Eight years hence, Ajay's age will be 6/5 times that of Vijay. What is the present age of Ajay ?

A) 41 yrs B) 40 yrs
C) 37 yrs D) 33 yrs
 
Answer & Explanation Answer: B) 40 yrs

Explanation:

Let the present ages of Ajay and Vijay be 'A' and 'V' years respectively.

=> A - 8 = 4/3 (V - 8) and A + 8 = 6/5 (V + 8)

=> 3/4(A - 8) = V - 8 and 5/6(A + 8) = V + 8

V = 3/4 (A - 8) + 8 = 5/6 (A + 8) - 8

=> 3/4 A - 6 + 8 = 5/6 A + 20/3 - 8

=> 10 - 20/3 = 10/12 A - 9/12 A

=> 10/3 = A/12 => A = 40.

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Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

26 19761
Q:

A person's present age is two-fifth of the age of his mother. After 8 years, he will be one-half of the age of his mother. How old is the mother at present ?

A) 36 yrs B) 38 yrs
C) 40 yrs D) 42 yrs
 
Answer & Explanation Answer: C) 40 yrs

Explanation:

Let the mother's present age be x years.

Then, the person's present age = 2/5 x years.

(2x/5 + 8) = 1/2 (x + 8)

2(2x + 40) = 5(x + 8) => x = 40.

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Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

26 19753
Q:

A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true?

A) He Gained Rs. 200 B) He lost Rs. 200
C) He neither gained nor lost D) None of the above
 
Answer & Explanation Answer: D) None of the above

Explanation:

The CP of profitable cow  = 9900/1.1 = 9000

 

and profit = Rs. 900

 

The  CP of loss yielding cow = 9900/0.8 = 12375

 

and loss = Rs. 2475

 

so, the net loss = 2475 - 900 = 1575

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

26 19710