Bank Clerk Questions


Q:

A market is said to be in equilibrium when

A) There is downward pressure on price B) The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price
C) All buyers are able to find sellers willing to sell to them at the current price D) Supply equals demand
 
Answer & Explanation Answer: D) Supply equals demand

Explanation:

A market is said to be in equilibrium when market demand is equal to market Supply.

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

3 1735
Q:

Invoice is an example of

A) Accounts Receivable B) Accounts Payable
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) Accounts Receivable

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

0 1735
Q:

The sum of two numbers is 7 and the sum their squares is 23, their product is equal to:

A) 10 B) 11
C) 12 D) 13
 
Answer & Explanation Answer: D) 13

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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Q:

24 men can complete a piece of work in 18 days while 12 women can complete the same piece of work in 28 days. 27 men start working and are replaced by 14 women after 8 days. In how many days will 14 women finish the remaining work?

A) 12 days B) 13 days
C) 12.5 days D) 13.5 days
 
Answer & Explanation Answer: A) 12 days

Explanation:
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Q:

Is accounts receivable an asset or liability?

Answer

Accounts receivable is the amount to be received by the seller from the customer. Hence, it comes under asset.

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

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'
 
1. It is easy to fall victim
2. not only to those who may hurt or mistreats us
3. but also to our own anger
4. No error

A)

1

B)

2

C)

3

D)

4

 
Answer & Explanation Answer: B)

2



Explanation:
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Filed Under: English
Exam Prep: TOEFL , GRE , CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

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Q:

Ratio analysis can be useful for

A) Evaluate financial performance of a company B) To improve profits of a company
C) Evaluate sales D) None of the above
 
Answer & Explanation Answer: A) Evaluate financial performance of a company

Explanation:

Ratio analysis helps us to evaluate various aspects of a company's operating and financial performance such as its efficiency, liquidity, profitability and solvency. The trend of these ratios over time can be used to check whether they are improving or deteriorating.

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

5 1725
Q:

Which organization is responsible for regulating tobacco?

A) FDA B) FCC
C) FBI D) FTC
 
Answer & Explanation Answer: A) FDA

Explanation:

FDA - Food and Drug Administration is the organization that is responsible for regulating tobacco. This right was given in the year 2009.

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

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