Bank Exams Questions

Q:

Mahaparinirvana Temple is located at ______.

A) Bodh Gaya B) Shravasti
C) Sarnath D) Kushinagar
 
Answer & Explanation Answer: D) Kushinagar

Explanation:
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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Pointing towards a photograph kiran said to chotu, "I am the only daughter of this lady and her son is your maternal uncle " How is the kiran related to chotu's father  ?

A) Cousin B) Daughter
C) Sister D) Wife
 
Answer & Explanation Answer: D) Wife

Explanation:

cpVU4AOGE7K85NoCI0.34923100_1496466517.png image 

So, the speaker is the mother of chotu. Kiran is wife of chotu's father. Chotu's father is not shown in the diagram.

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Q:

A merchant receives an invoice for a motor boat for $20 000 with terms 4/30, n/100. What is the highest simple interest rate at which he can afford to borrow money in order to take advantage of the discount?

A) 247.67 B) 237.67
C) 227.67 D) 215.67
 
Answer & Explanation Answer: A) 247.67

Explanation:

Suppose the merchant will take advantage of the cash discount of 4% of $20 000 = $800 by paying the bill within 30 days from the date of invoice. He needs to borrow $20 000 = $800 = $19 200. He would borrow this money on day 30 and repay it on day 100 (the day the original invoice is due) resulting in a 70-day loan. The interest he should be willing to pay on borrowed money should not exceed the cash discount $800.

 

r=I/pt=21.73%

 

The highest simple interest rate at which the merchant can afford to borrow money is 21.73%. This is a break-even rate. If he can borrow money, say at a rate of 15%, he should do so. He would borrow $19 200 for 70 days at 15%. Maturity value of the loan is $19 200(1+0.15(70/365))=$19 752.33

 

savings would be $20 000 − $19 752.33 = $247.67

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Q:

The program that is responsible for loading the operating system into RAM is the _______.

A) BIOS B) Bootstrap Program
C) Drive- Driver D) Supervisor Program
 
Answer & Explanation Answer: B) Bootstrap Program

Explanation:

The program that is responsible for loading the operating system into RAM is the bootstrap Loader program.

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Filed Under: Operating Systems
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Q:

The oldest dynasty still ruling in which country   ?

A) India B) Iran
C) Japan D) England
 
Answer & Explanation Answer: C) Japan

Explanation:

The longest-surviving dynasty in the world is the Imperial House of Japan.

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Filed Under: World History
Exam Prep: Bank Exams , CAT
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Q:

The First Five Year Plan was based on ___________.

A) Herold Domar Model B) P.C . Mahalanobis Model
C) Both the Above D) None of the above
 
Answer & Explanation Answer: A) Herold Domar Model

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
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Q:

Who has been appointed as the new Executive Director (ED) of RBI in place of US Paliwal ?

A) Anjali Singh B) Manish Tomar
C) Susheela Singh D) Surekha Marandi
 
Answer & Explanation Answer: D) Surekha Marandi

Explanation:

Surekha Marandi has been appointed as the new Executive Director (ED) of Reserve Bank of India (RBI). She succeeded U S Paliwal, who retired on December 31, 2016.

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Filed Under: General Awareness
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Q:

Water soluble vitamin include

A) vitamin C B) niacin
C) riboflavin D) all of the above
 
Answer & Explanation Answer: D) all of the above

Explanation:
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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams
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