Bank Clerk Questions


Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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

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Q:

Which airport becomes as International Airport recently in 2017 ?

A) Chennai B) Kolkata
C) Vijayawada D) Patna
 
Answer & Explanation Answer: C) Vijayawada

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

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Q:

Why is RNA necessary to act as a messenger?

Answer

Why_is_RNA_necessary_to_act_as_a_messenger1548936409.jpg image


RNA acts as a messenger in between the DNA and ribosome as it transforms the genetic information from the DNA and as DNA is big and can't fit into the nuclear pores. 

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Subject: Biology Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

1 2987
Q:

What word in the English language is always spelled incorrectly?

A) Schezwan B) Yorker
C) Incorrectly D) Psycologically
 
Answer & Explanation Answer: C) Incorrectly

Explanation:

INCORRECTLY is the only English word which is always spelled incorrectly.

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Q:

In human relations, the irritation threshold is the

A) length of time an annoying behavior continues B) action that causes an annoyance
C) frequency of the annoying behavior D) point at which a person notices something and becomes annoyed
 
Answer & Explanation Answer: D) point at which a person notices something and becomes annoyed

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

1 2984
Q:

Saving accounts usually offer ___ interest rates than checking accounts.

A) Higher B) Lower
C) Equal D) None
 
Answer & Explanation Answer: A) Higher

Explanation:

A savings account is the most basic type of account at a bank or credit union, allowing you to deposit money, keep the funds safe, and withdraw funds as needed. Savings accounts typically pay interest on your deposits, which helps you grow your money, but rates are relatively low on these low-risk accounts.


A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines and electronic debits, among other methods.

 

Hence, Saving accounts usually offer higher interest rates than checking accounts.

 

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

1 2983
Q:

Havana is the capital city of

A) Suriname B) Belgium
C) Greece D) Cuba
 
Answer & Explanation Answer: D) Cuba

Explanation:

Havana is the capital city of Cuba.

It's currency is Cuban Peso.

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

14 2981
Q:

IPR stands for

A) Intellectual Property Rights B) International Property Rights
C) International Postgraduate Research D) Indian Property Rights
 
Answer & Explanation Answer: A) Intellectual Property Rights

Explanation:

IPR's stands for Intellectual Property Rights. Intellectual property is the product of the human intellect including creativity concepts, inventions, industrial models, trademarks, songs, literature, symbols, names, brands,....etc.

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

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