Bank Clerk Questions

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. Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.

Hungarian capital city Budapest is where the World Wrestling Championship has begun in which Bajrang Punia resembles India.

An electric fuse is based on the heating effect of the current.

Synchronous motor is a motor which runs at a constant speed irrespective of load attached to it. So the speed regulation of synchronous motor is ZERO.

The current Chairman of Indian Space Research Organisation(ISRO) is Kailasavadivoo Sivan.

The words "asset" and "liability" are two very common words in accounting. Liabilities are legally binding obligations that are payable to another person or entity. Accounts payable, loans, mortgages, deferred revenue,... come under liabilities.