Bank PO Questions


Q:

Commercial banks are funded through which of the following?

A) Stock holders B) Government funding
C) Services D) Customer deposits
 
Answer & Explanation Answer: D) Customer deposits

Explanation:

A commercial bank is a type of financial institution that accepts deposits, offers checking account services, makes business, personal and mortgage loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking, as opposed to an investment bank.

 

Commercial banks are funded through customer deposits. These banks make money by providing loans and earning interest income from those loans. The types of loans a commercial bank can issue vary and may include mortgages, auto loans, business loans and personal loans. A commercial bank may specialize in just one or a few types of loans.

 

Customers who deposit money into these accounts effectively lend money to the bank and are paid interest. However, the interest rate paid by the bank on money they borrow is less than the rate charged on money they lend.

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

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Q:

Operating system functions may include

A) multiprogramming B) input/output control
C) virtual storage D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

An operating system has three main functions:

(1) manage the computer's resources, such as the central processing unit, memory, disk drives, and printers,

(2) establish a user interface, and

(3) execute and provide services for applications software.

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Q:

Which nitrogenous base is not found in dna?

A) Uracil B) Thymine
C) Cytosine D) Guanine
 
Answer & Explanation Answer: A) Uracil

Explanation:

A nitrogenous base, or nitrogen-containing base, is an organic molecule with a nitrogen atom that has the chemical properties of a base. The main biological function of a nitrogenous base is to bond nucleic acids together. A nitrogenous base owes its basic properties to the lone pair of electrons of a nitrogen atom.

 

In DNA, four bases have been found. They are

1. Adenine (A),

2. Guanine (G),

3. Cytosine (C) and

4. Thymine (T).

 

The first three of these bases are found in RNA also but the fourth which is Uracil (U) is absent in it.

RNA contains cytosine and uracil as pyrimidine bases while DNA has cytosine and thymine.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

The State which tops in the production of rubber is 

A) Tamil Nadu B) Karnataka
C) Kerala D) Orissa
 
Answer & Explanation Answer: C) Kerala

Explanation:

A uniformly high temperature of 800F and the annual rainfall of 80 inches or more, required by rubber is available in Kerala.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank PO

3 2881
Q:

Find the finance charge for an average daily balance of $8431.10 with monthly interest rate of 1.4%

A) 98.04 B) 88.04
C) 68.04 D) 118.04
 
Answer & Explanation Answer: D) 118.04

Explanation:

0.014*8431.10

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Which of the following statements about GDP is correct?

A) Nominal GDP values production at constant prices, whereas real GDP values production at current prices. B) Nominal GDP values production at market prices, whereas real GDP values production at the cost of the resources used in the production process.
C) Nominal GDP consistently underestimates the value of production, whereas real GDP consistently overestimates the value of production. D) Nominal GDP values production at current prices, whereas real GDP values production at constant prices.
 
Answer & Explanation Answer: D) Nominal GDP values production at current prices, whereas real GDP values production at constant prices.

Explanation:
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Filed Under: Indian Economy
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Job Role: Analyst , Bank Clerk , Bank PO

3 2879
Q:

Who has been described as the "destroyer of the Sakas, the Yavanas and the Pallavas"?

A) Skanda Gupta B) Gautamiputra Satakarni
C) Simuka D) Satakarni I
 
Answer & Explanation Answer: B) Gautamiputra Satakarni

Explanation:

Gautamiputra Satakarni has been described as the "destroyer of the Sakas, the Yavanas and the Pallavas".

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

5 2878
Q:

I am a 5 letter word.

I am normally below you. If you remove my 1st letter, you'll find me above you. If you remove my 1st & 2nd letters, you can't see me.

What am I?

Answer

Firstly, I focussed on "If you remove my 1st & 2nd letters, you can't see me". The first thing that comes to mind which we can’t see is the "AIR".


 


So now, what 4 letter words can be formed ending with "AIR"? Think of all the words from A to Z, considering which one lies above you. That is how we get to "HAIR".


 


Now, which 5 letter word can be formed ending with "HAIR"? Starting with A to Z, we reach "CHAIR" and also, it lies below us.


 


And the required answer is "CHAIR".

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