Bank PO Questions


Q:

What is reconciliation ?

Answer

You should have recorded in your cash books all amounts you have actually received and payments you have actually made. However the cash books may be incomplete as your bank may have put extra transactions through your account such as:


► bank fees or interest charges
► direct debits (payments) and direct credits (receipts).


Doing a regular bank reconciliation will allow you to:


► take into account any extra transactions your bank puts through your account and
► check and record any errors or omissions.


By regularly doing a bank reconciliation (say monthly) you can be more confident that your records contain all the information you need to prepare your income tax return and activity statements.

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

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Q:

Manish completes a work in 20 days. After 8 days Sriram joined the work. In how many days will the work be completed  ?

Statements :

I. Sriram takes twice the time than Manish to complete the work.
II. Sriram completes half the work in 15 days.

A) Statement I alone is sufficient to answer the question B) Statement II alone is sufficient to answer the question
C) Either the statements I & II is sufficient to answer the question D) Neither the statements I & II is sufficient to answer the question
 
Answer & Explanation Answer: C) Either the statements I & II is sufficient to answer the question

Explanation:

From statement I,

Time taken by Sriram to complete the work = 40 days

From statement II,

Time taken by Sriram to complete the wok = 30 days

So from both either by statement I or statement II we can find the time to complete the work.

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

7 2490
Q:

Which statement about tobacco use is true?

A) Smoking can lead to emphysema as well as strokes B) Smokeless tobacco can lead to cancer but is not addictive
C) Smoking relaxes people because it lowers the heart rate D) All of the above
 
Answer & Explanation Answer: A) Smoking can lead to emphysema as well as strokes

Explanation:

Smoking can lead to emphysema as well as strokes is the true statement regarding tobacco use. Emphysema is related to the failure of lungs air sacs and cilia that eliminate the dust from the body.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

1 2489
Q:

When referring to student loans what is a grace period?

A) 6 months B) 12 months
C) 18 months D) 24 months
 
Answer & Explanation Answer: A) 6 months

Explanation:

6 months after graduating or quitting school when you have to start paying back the loans.

 

A grace period is one term that’s provided for student loans that allow you to delay payments up to a certain length of time, without penalty. During a grace period no late charges would apply, and the loan would not risk falling into default for missed payments. The grace period allows you time to find financial stability prior to having to make payments on your student loans.

 

Many students use student loans to help pay for their college expenses, including tuition, books, room and board, and other living expenses. Students are expected to repay these loans when they graduate.

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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:

Magnetic field lines about a current-carrying wire

A) circle the wire in closed loops B) extend radially from the wire
C) both of these D) None of the above
 
Answer & Explanation Answer: A) circle the wire in closed loops

Explanation:

Electric current produces a magnetic field. This magnetic field can be visualized as a pattern of circular field lines surrounding a wire.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

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Q:

Calcium absorption is facilitated by the presence of

A) Vitamin D B) Vitamin C
C) Vitamin A D) Vitamin K
 
Answer & Explanation Answer: A) Vitamin D

Explanation:

The presence of vitamin D in the body enhances the absorption of calcium by the intestine.

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

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Q:

What has 4 Eyes But cannot see?

Answer

What has 4 Eyes But cannot see is Mississippi.


The wording of Mississippi has 4 'i''s. But it can't see.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer , Project Manager

8 2487
Q:

Who has won the Hero Indian Golf Open 2017 ?

A) Gavin Green B) S.S.P. Chawrasia
C) Anirban Lahiri D) Scott Jamieson
 
Answer & Explanation Answer: B) S.S.P. Chawrasia

Explanation:

Chawrasia, became the first Indian to successfully defend a European Tour title and the first player to win their first four events in their home country.

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Filed Under: Sports
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

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