4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

A person divided a sum of Rs. 17,200 into three parts and invested at 5%. 6% and 9% per annum simple interest. At the end of two years, he got the same interest on each part of money. What is the money invested at 9%?

A) Rs. 3,200	B) Rs. 4,000
C) Rs. 4,800	D) Rs. 5000

Answer & Explanation Answer: B) Rs. 4,000

Explanation:

Let sum invested @ 5% be P1, @ 6% be P2 then @ 9% =17200-(P1+P2)

So according to question

P1*5*2/100 = P2*6*2/100 or P1 = (6/5) P2

Also P2*6*2/100 = [17200-(P1+P2)]*9*2/100

Or 2 P2 = [17200–(11/5)P2] * 3

Or (2 + 33/5)P2 = 17200 * 3

P2 = 17200 * 3 * 5 / 43 = 6000

So P1 = 6/5 P2 = 7200

So Sum invested @ 9% = 17200–(6000+7200) = Rs 4000

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Filed Under: Simple Interest
Exam Prep: Bank Exams

1 3566

Q:

Which one of the following is not an instrument of Fiscal policy?

A) Open Market Operations	B) Taxation
C) Public borrowing	D) Public expenditure

Answer & Explanation Answer: A) Open Market Operations

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

8 3565

Q:

What is the unit digit of ${(217)}^{413} \times {(819)}^{547} \times {(414)}^{624} \times {(342)}^{812} ?$

A) 2	B) 4
C) 6	D) 8

Answer & Explanation Answer: D) 8

Explanation:

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Filed Under: Problems on Numbers
Exam Prep: Bank Exams

8 3565

Q:

Negative divided by Negative

A) -ve	B) +ve
C) 0	D) Can't be determined

Answer & Explanation Answer: B) +ve

Explanation:

We know the Mathematical rules that

$\frac{+}{+} = + \frac{+}{-} = - \frac{-}{+} = - \frac{-}{-} = +$

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Filed Under: Arithmetical Reasoning
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

8 3564

Q:

'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?

A) Nil Accounting Variation	B) New Asset Venture
C) Net Accounting Venture	D) Net Asset Value

Answer & Explanation Answer: D) Net Asset Value

Explanation:

Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

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Filed Under: Accounts Receivable
Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

2 3563

Q:

Electromagnetic waves are transverse in nature is evident by

A) Reflection	B) Polarisation
C) interference	D) Diffraction

Answer & Explanation Answer: B) Polarisation

Explanation:

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

3 3563

Q:

If $x \times y = x + y + \sqrt{x y}$ , the value of 6x24 is:

A) 41	B) 42
C) 43	D) 44

Answer & Explanation Answer: B) 42

Explanation:

$G i v e n x \times y = x + y + \sqrt{x y} H e r e x = 6, y = 24 T h e n, x \times y = 6 + 24 + \sqrt{6 x 24} 6 x 24 = 30 + \sqrt{144} = 30 + 12 = 42 .$

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Filed Under: Square Roots and Cube Roots
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

7 3563

Q:

Who among the following was the 1st Speaker of the Lok Sabha?

A) M.A Ayyanga	B) N Sanjiva Reddy
C) Ganesh Vasudev Mavalankar	D) Sardar Hukam Sing

Answer & Explanation Answer: C) Ganesh Vasudev Mavalankar

Explanation:

Ganesh Vasudev Mavalankar popularly known as Dadasaheb was an independence activist, the President of the Central Legislative Assembly, then Speaker of the Constituent Assembly of India, and later the first Speaker of the Lok Sabha, the lower house of the Parliament of India.

first_Speaker_of_the_Lok_Sabha1543835822.jpg image

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

3 3562

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