Banking Awareness – 2020 for IBPS, RBI, SBI, NABARD and other Bank Examinations

Welcome to GKToday’s Banking Awareness Section. This section shows 100 random questions from GKToday’s Banking Awareness MCQs.

A chapterwise course of all the 925 questions divided into 88 Chapters in Banking Awareness is Available in GKToday’s Academy app for android mobiles.
91. Which of the following is a statistic that measures how the returns of two risky assets move together?

[A] Correlation
[B] Standard deviation
[C] Variance
[D] None of the above

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92. The depreciation on an asset purchased through hire purchase should be which of the following?

[A] Should be straight line only
[B] Based on the cost price of the asset only
[C] Based on the total cost including interest
[D] No depreciation should be provide until the final payment is made

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93. The profit on interest charged on the hire purchase should appear in the profit and loss account in what manner?

[A] The interest charged in that period only should be included
[B] Interest should be apportioned in proportion to the repayment totals
[C] The total interest levied should be divided equally over the total period the for purchase agreement
[D] Interest should instead be capitalised on the balance sheet

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