Bank PO Questions

The Homestead Strike was when, in 1892, Andrew Carnegie reduced wages at his steel mills in Homestead, Pennsylvania and the union workers refused to accept the cut. The company locked out the union workers and hired nonunion labor and 300 armed guards. The locked out workers gathered weapons and , on July 6, a battle broke out killing ten people.

A 10 year, 5% coupon bond has the greatest interest rate price risk.

Every year November 16th is observed as National Press Day all over India.

The social security is a welfare plan and an insurance company that regulates the benefits for survivors of deceased workers, disabled workers, retirees and death as well as survivorship benefits.

James Madison was the one who became President in the future after writing The federalist papers. Alexander Hamilton, James Madison and John Jay were the three who wrote The federalist papers. 

Jnanpith Award is given for excellence in the field of Literacy. It is presented by the Bharatiya Jnanpith.

Separation of an employee exists when the service of an employee comes to an end because of one reason or other. "Separation of employment" refers broadly to the process of managing the termination of employment. It is a sensitive issue for any organization. 

Types of separation:

1) Volunntary:

a) Resignation
b) Job abandonment
c) Retirement

2) Involuntary:

a) Layoff
b) Dismissal
c) Plant closure
d) Death or Disability.