Bank Exams Questions

Q:

Which of the following is NOT an example of potential energy?

A) Running water B) Water stored in a dam
C) A raised hammer D) A compressed spring
 
Answer & Explanation Answer: A) Running water

Explanation:
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Filed Under: Physics
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Q:

Which is the 1st country to recognise Pfizer-bioNtech's coronavirus vaccine?

A) Russia B) Britain
C) Australia D) India
 
Answer & Explanation Answer: B) Britain

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Filed Under: General Awareness
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Q:

Amit is five years older than Vaibhav at present. After four years the ratio of their age will be 5:4. What is Amit age at present (in years)?

A) 12 B) 16
C) 18 D) 21
 
Answer & Explanation Answer: D) 21

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Filed Under: Problems on Ages
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Q:

In a certain code, if GREAT is coded as JOEJK then ZEBRA is coded as

A) BCBRA B) BCBAR
C) CBBRA D) CBBAR
 
Answer & Explanation Answer: D) CBBAR

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Filed Under: Coding and Decoding
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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Filed Under: Indian Economy
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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Filed Under: Indian Economy
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Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement:
(I) Petrol prices are increasing in the economy.
(II) The price of crude oil in international market has not shown reasonable increase.

 

Conclusions:
(I) The inflation has hit various commodities like petrol in the country.
(II) Demand for petrol is increasing but supply has not picked up with the same rate, hence resulting into hike in prices.

 

A) Only conclusion II follows B) Conclusion I and II both follow
C) Neither I nor II follow D) Only conclusion I follows
 
Answer & Explanation Answer: D) Only conclusion I follows

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Filed Under: Statement and Conclusions
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Q:

The line graph shows the number of deaths due to rail accidents in a certain state. Study the graph and answer the question.


If on an average Rs 5 lakhs was paid as insurance for each death due to a rail accident, then how much insurance was paid (in Rs crore) in the year 2014 ?

A) 225 B) 275
C) 125 D) 175
 
Answer & Explanation Answer: D) 175

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Filed Under: Line Charts
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