4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

A major purpose of cost accounting is to

A) measure, record and report product costs	B) classify all the product costs
C) to provide information to stockholders for investment decisions	D) All of the above

Answer & Explanation Answer: A) measure, record and report product costs

Explanation:

A major purpose of cost accounting is to measure, record and report product costs.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

There are total 200 students in a school, of which 1/5th are boys. Find the number of girls in the school.

A) 160	B) 16
C) 140	D) 40

Answer & Explanation Answer: A) 160

Explanation:

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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

You are given a question and two statements. Identify which of the statements is/are necessary,Sufficient to answer the question.
M, A, N and K are standing in a row. Based on the following information, if we aimnge shortest to tallest, who is standing last?
Statements:
1. A is shorter than K
2. M is shorter than A

A) Statements 1 and 2 together are not sufficient	B) Statement 1 and 2 together are sufficient to solve
C) Statements 1 alone is sufficient	D) Statement 2 alone is sufficient

Answer & Explanation Answer: A) Statements 1 and 2 together are not sufficient

Explanation:

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who is appointed as UNICEF's ambassador for Goodwill?

A) Lilly Singh	B) Iravati Dubey
C) Lillete Dubey	D) Rosa Mendes

Answer & Explanation Answer: A) Lilly Singh

Explanation:

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Filed Under: Famous Personalities
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

How much amount is available to one account holder of Pradhan Mantri Jan Dhan Yojana per household after six months of satisfactory conduct of the account?

A) Rs 5,000	B) Rs 10,000
C) Rs 2,000	D) Rs 15,000

Answer & Explanation Answer: B) Rs 10,000

Explanation:

A bank account under financial inclusion scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) can be opened in any bank branch or business correspondent outlet. PMJDY is a government-run financial inclusion scheme aimed at ensuring access to services such as banking, savings, deposits, remittance, credit, insurance and pension at an affordable price. Bank accounts under the Jan Dhan scheme can be opened with zero balance. In other words, the account holder need not maintain any particular account balance to keep the account account. The government recently doubled the overdraft limit on Jan Dhan accounts. The overdraft limit of Jan Dhan accounts now stands at Rs 10,000, double than the previous limit of Rs 5,000, according to an official statement released last week.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

It was a somewhat

X-carried it off as
Y-trying ordeal, but we
Z-best as we could

A) YXZ	B) XZY
C) XYZ	D) ZYX

Answer & Explanation Answer: A) YXZ

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

From May 2017, the Real Estate Act has come into effect. The act mandates depositing how much of the funds collected from buyers?

A) 50%	B) 40%
C) 70%	D) 80%

Answer & Explanation Answer: C) 70%

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On which river is the Tehri dam built?

A) Alakananda	B) Bhagirathi
C) Ganga	D) Hooghly

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