Bank PO Questions

Egypt is called as the gift of the Nile river. It is called so because the nile river served as means for transport, help in irrigation for farming, made soil fertile for growing crops. It made the Egyptian civilization possible. 

Let the two different rates of interests be r1 and r2 respectively.

From the given data,

$$\begin{gathered} 2600 x 4 x r1 - r2100 = 402.80 \\ r1 - r2 = 402.80104 = 3.87 \end{gathered}$$

Hence, the difference in the interest rates = 3.87

A deposit in transit is cash (currency, coins, checks, electronic transfers) that a company has received and is rightfully reported as Cash on its balance sheet, but does not appear on the bank statement until a later date.

The US state California's  economy has surpassed that of the UK to become the world’s fifth largest, according to new federal data released.

With a GDP of $2.7 trillion, California is now only behind the US, China, Japan and Germany.

The American Planning Association (APA) has announced this year's international excellence award for the Bhubaneswar smart city project.

The award called Pierre L'Enfant International Planning Excellence Award 2017 will be given on May 8 in New York city.

This is the first time in the 50 years history of APA's annual award programme that an Indian city has been recognised for its planning efforts.

A UPS (Uninterruptible Power Supply) is a device that provides battery backup when the electrical power fails or drops to an unacceptable voltage level.

Small UPS systems provide power for a few minutes; enough to power down the computer in an orderly manner, while larger systems have enough battery for several hours.

An invention that improved safety for railway passengers is Air brakes. With the use of air brakes using compressed air, become more effective by preventing many train accidents.