Bank PO Questions


Q:

Which ministry has started the exercise to revise base year to 2017 - 2018 for computation of wholesale inflation?

A) Ministry of Commerce and Industry B) Ministry of Finance
C) Ministry of Corporate Affairs D) All the above
 
Answer & Explanation Answer: A) Ministry of Commerce and Industry

Explanation:

The India's commerce and industry ministry has started the exercise to revise base year to 2017-18 for computation of wholesale inflation with a view to present more realistic picture of the price situation

 

In May last year, the government revised the base year for WPI-based inflation to 2011-12 to give a better indication of changes in prices of commodities.

 

The new index, with 2017-18, is expected to have new items, which would provide a more realistic picture of price rise and its impact on people.

 

Most of the additions could be in the manufactured products category. Currently, the index has a total of 697 items, including primary articles, fuel and power and manufactured products.

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

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Q:

Rayon is chemically

A) Glucose B) Amylase
C) Cellulose D) Pectin
 
Answer & Explanation Answer: C) Cellulose

Explanation:

Rayon is a versatile fiber. Rayon is chemically Cellulose. It is widely claimed to have the same comfort properties as natural fibers, although the drape and slipperiness of rayon textiles are often more like nylon. It can imitate the feel and texture of silk, wool, cotton and linen. The fibers are easily dyed in a wide range of colors.

Rayon_is_chemically1561456278.jpg image

 

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

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Q:

The right to property was deleted from the list of fundamental rights by?

A) 45th Constitutional Act B) 44th Constitutional Act
C) 43rd Constitutional Act D) 42nd Constitutional Act
 
Answer & Explanation Answer: B) 44th Constitutional Act

Explanation:

The right to property was deleted from the list of fundamental rights by 44th Constitutional Act in the year 1976.

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

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Q:

Which of the following activities are examples of data gathering?

A) Counting the votes in an election to determine the next governor B) Making a pie chart showing the kinds of television sets owned by people in a sample of 1,000
C) Finding the mean weight of cancer patients in a study D) Using the results of a mathematical model to predict the next day's weather
 
Answer & Explanation Answer: A) Counting the votes in an election to determine the next governor

Explanation:

Option A) "Counting the votes in an election to determine the next governor"  is the only one where data gathering is done.

 

In all other options, data is already collected and now analyzing of data is going on.

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Q:

What does the APR on a credit card determine?

A) fee paid by bank for deposits B) fee paid for borrowing money
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) fee paid for borrowing money

Explanation:

A credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

APR1531898775.jpg image

Your APR is expressed in terms of a year, but credit card companies use it to calculate charges over your monthly statement period.

apr_(1)1531898786.jpg image

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

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Q:

Exercise improves memory and learning.

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

Explanation:

Exercise can boost your memory and thinking skills by improvising alertness, attention and motivation.

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Subject: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Can anyone solve this in 20 seconds?

Answer

3 + 5 + 6  = 151872


3x5, 3x6, Rev of (3x5 + 3x6 - 6) 


 


5 + 5 + 6  = 253094


5x5, 5x6, Rev of (5x5 + 5x6 - 6)


 


Similarly,


9x4 = 36


9x7 = 63


So 36 + 63 = 99


From 99 - 7 =  92


Reverse of 92=29


 


Hence, 9 + 4 + 7 =  366329.

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Subject: Math Puzzles Exam Prep: Bank Exams
Job Role: Bank Clerk , Bank PO

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Q:

A large underground economy results in an

A) Understated GDP price index B) Understated GDP
C) Overstated GDP D) Overstated GDP price index
 
Answer & Explanation Answer: C) Overstated GDP

Explanation:

A large underground economy results in an Overstated GDP. The underground economy is also called as Black market. It refers to illegal economic activity. Transactions in the underground economy are illegal either because the good or service being traded is illegal or because an otherwise licit transaction does not comply with government reporting requirements.

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Filed Under: Indian Economy
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