Bank Clerk Questions

A pro forma invoice is a price quote and subject to change. Accounts Payable Services does not pay from pro forma invoices, statements, quotes or estimates.

Fertilization is the process in which a single haploid sperm fuses with a single haploid egg fuse to form a zygote.  

An animal zygote under go mitosis and divides to form a hallow ball of cells called blastula.

Most modern banking systems are based on Fractional reserves.

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

Cable television or cable TV became widespread during the 1980's.

Interest earned in scheme M =   

P1 + 201002 - 1 = 11P25

Interest earned in scheme N =  

P x k x 2100 = Pk50

Now, from the given data,

11P25 = 2 x Pk50

k = 11

The  largest component of National income is service sector.

Yep! It's your NAME that belongs to you but is used more by others than you.

Capital Adequacy Ratio (CAR) is also known as Capital to Risk (Weighted) Assets Ratio (CRAR), is the ratio of a bank's capital to its risk.

1. The capital adequacy ratio (CAR) is a measure of a bank's capital.

2. It is used to protect depositors and promote the stability and efficiency of financial systems around the world.

3. National regulators track a bank's CAR to ensure that it can absorb a reasonable amount of loss and complies with statutory Capital requirements.