Bank PO

In computing, 1 Kilobyte (KB) is defined as 1024 bytes.

LCD (Liquid Crystal Display) is a common technology used for computer monitors and television screens.

BIOS stands for Basic Input Output System, which is the firmware used to perform hardware initialization during the booting process.

In computing, 1 Megabyte (MB) is equal to 1024 Kilobytes (KB).

SWIFT (Society for Worldwide Interbank Financial Telecommunication) is the standard network used by banks globally for secure financial messaging.

NICNET stands for National Informatics Centre Network, which is a satellite-based national computer network in India. WAN is a general term for a wide area network, while WWW and HTTP are internet services and protocols, respectively.

Correct Answer: Core Banking Solutions;

Keyboards, monitors, and power supplies are essential components of a computer system. A handle is a physical part of a case or peripheral, but it is not a functional component used in the operation of a computer.

In modern banking, marketing is considered a collective responsibility. Every employee acts as a brand ambassador and contributes to customer relationship management.

Historically, 3.5 percent was the standard regulated rate for savings accounts in India for many years. While rates are now deregulated, this is the traditional answer for this specific exam question.

The Reserve Bank of India (RBI) is the central bank and the primary regulatory authority for the banking system in India.

Interest rates on fixed and investment deposits are determined by the individual banks based on their own asset-liability management and market conditions, rather than being fixed by the RBI.

LAN is the standard industry acronym for Local Area Network, which connects computers within a limited geographical area.

NAV stands for Net Asset Value, which is the value per share of a mutual fund scheme. It is calculated by dividing the total value of all assets minus liabilities by the number of outstanding shares.

A MODEM (Modulator-Demodulator) is a hardware device that converts digital signals into analog signals and vice versa, enabling communication over telephone lines or cable.

A financial asset is a non-physical asset whose value is derived from a contractual claim, such as stocks or bonds. Gold and land are physical assets.

EMI (Equated Monthly Installment) is a common repayment method used across various loan types, including personal, home, and consumer loans, to spread the principal and interest over a fixed period.

Correct option is 1.

Zero balance accounts, such as salary accounts, are designed to facilitate ease of banking for employees where the employer ensures regular credits.

A mortgage is the legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

An IP (Internet Protocol) address can be static (assigned permanently) or dynamic (assigned temporarily by a DHCP server).

The Four Ps of marketing are Product, Price, Place, and Promotion, which collectively form the Marketing Mix.

While bank policies vary, 10 years is a common regulatory or internal limit for the maturity of fixed deposits for individual customers in many banking systems.

MICR stands for Magnetic Ink Character Recognition, a technology used primarily by banks to facilitate the processing and clearance of cheques.

An ISP (Internet Service Provider) is an organization that provides services for accessing, using, or participating in the internet.