4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 29160, and Rs 31492.8 respectively, what is the rate of interest?

A) 4 percent	B) 8 percent
C) 16 percent	D) 13 percent

Answer & Explanation Answer: B) 8 percent

Explanation:

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Filed Under: Compound Interest
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

RT, ? , ZB , DF

A) WX	B) VX
C) VY	D) UV

Answer & Explanation Answer: B) VX

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

FI, KM, PQ, ?

A) MO	B) ZA
C) TO	D) UU

Answer & Explanation Answer: D) UU

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

The Simple Interest(SI) for 16 years on an amount at particular rate is Rs 10000. If the principal is doubled at an interval of every 4 years and the rate is tripled at every such in terval, find the new Simple Interest(SI)

A) 632100	B) 689620
C) 602260	D) 647500

Answer & Explanation Answer: D) 647500

Explanation:

Let New SI be X

10000/16 = X/4(1*1+2*3+4*9+8*27)

10000/16=X/4(1+6+36+216)

X=647500

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

At which rate, Reserve Bank of India borrows money from commercial banks?

A) Bank Rate	B) Repo Rate
C) Reverse Repo Rate	D) Statutory Liquidity Rate

Answer & Explanation Answer: C) Reverse Repo Rate

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

On 24 January 2018, the Ministry of Women and Child Development launched a web based Rapid Reporting System for the ______.

A) Scheme for Adolescent Girls	B) Scheme for Widow women
C) Scheme for Acid attack victims	D) Scheme for divorced women

Answer & Explanation Answer: A) Scheme for Adolescent Girls

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which famous film actress and celebrity won the PETA 'Person of the Year' award in 2017?

A) Anushka Sharma	B) Priyanka Chopra
C) Alia Bhatt	D) Deepika Padukone

Answer & Explanation Answer: A) Anushka Sharma

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

The essential organs in a flower for reproduction are

A) the stamen and pistil	B) the sepal and stamen
C) the sepal and petal	D) the petal and pistil

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