Bank PO Questions


Q:

Which of the following is not soluble in water?

A) copper(II) hydroxide B) sodium chloride
C) silver nitrate D) potassium sulfate
 
Answer & Explanation Answer: A) copper(II) hydroxide

Explanation:

Sodium chloride:

The solubility rules tell you that all halides are soluble with the exception of those formed with siver, mercury, and lead ions. Since this is not the case here, sodium chloride will be soluble.

 

Silver nitrate:

It is soluble because all nitrates are soluble, without exception.

 

Potassium sulfate:

It is soluble because all sulfates are soluble with the exception of those formed with silver, calcium, barium, mercury, lead, and strontium ions.

 

Copper (II) hydroxyde:

It is insoluble because all hydroxides are insoluble with the exception of those formed with alkali metal ions and barium.

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

2 3026
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

0 3026
Q:

Assertion(A) : Most of the Himalayan rivers are perennial.
Reason(R) : They are fed by melting snow.

A) R correctly explains A B) R is true but A is fale
C) A is true but R is false D) Both A and R are false
 
Answer & Explanation Answer: A) R correctly explains A

Explanation:

Most Himalayan rivers are perennial because they are fed by the melting snow throughout the year.
Thus, both A and R are true & R correctly explains A.

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Filed Under: Assertion and Reason
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Bank Clerk , Bank PO

11 3026
Q:

Current search engines function by recognizing keywords.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

A search engines are a software systems used for searching about any information in the world on the web.


                         current_search_engines_function_by_recognizing_keywords1536129682.png image


Search engines like Google, Bing, Internet explorer, Yahoo, etc... functions by providing relevant search results for the keywords user searches. 


 


Hence, the given statement is TRUE.

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4 3020
Q:

What is 7 C in a R represents?

Answer

7 C in a R represents 7 Colours in a Rainbow.

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Subject: Analogy Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration

11 3020
Q:

What is 'Three-Way Match' refers in Acconting ?

Answer

In accounting, the Three-way Match refers to a procedure used when processing an invoice received from a vendor or supplier. The three-way match is an important step in safeguarding an organization's assets. The purpose of the three-way match is to avoid paying incorrect and perhaps fraudulent invoices.


Here Three-way refers to the three documents involved :


* Vendor's invoice which was received and will become part of an organization's accounts        payable if approved.


* Purchase order that was prepared by the organization.


* Receiving report that was prepared by the organization.


And Match refers to the comparison of the quantities, price per unit, terms, etc. appearing on the vendor's invoice to the information on the purchase order and to the quantities actually received.


After the vendor's invoice has been validated by the three-way match, it can be further processed for payment.

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

9 3020
Q:

Who among the following economists gave the concept of "economies of scale". Which says "many goods and  services can be produced more cheaply in long series"?

A) Edward C.Prescott B) Amartya Sen
C) Gray S.Becker D) Paul Krugman
 
Answer & Explanation Answer: D) Paul Krugman

Explanation:
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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams
Job Role: Bank PO

4 3018
Q:

Find the annual interest rate that produces $100,000 from $20,000 in 15 years.

A) 9.33% B) 10.33%
C) 11.33% D) 12.33%
 
Answer & Explanation Answer: C) 11.33%

Explanation:

l=(F/P)^1/n-1

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

0 3017