4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Who formulates fiscal policy in India?

A) Ministry of Finance	B) Reserve Bank of India
C) Securities and Exchange Board of India (SEBI)	D) Finance Commission

Answer & Explanation Answer: A) Ministry of Finance

Explanation:

In India, Fiscal Policy is formulated by the Ministry of Finance.

Fiscal policy is playing an important role on the economic and social front of a country. Traditionally, fiscal policy is concerned with the determination of state income and expenditure policy. But with the passage of time, the importance of fiscal policy has been increasing continuously for attaining rapid economic growth.

An effective fiscal policy is composed of policy decisions relating to the entire financial structure of the government including tax revenue, public expenditures, loans, transfers, debt management, budgetary deficit, etc.

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

24 20383

Q:

First day of the month is Tuesday and Last day of the same month is Monday. Then which one will be that month ?

A) January	B) February
C) March	D) August

Answer & Explanation Answer: B) February

Explanation:

We know that the day repeats after every seven days.

Given that first day of the month is Tuesday

i.e 1st - Tuesday

1+7 = 8 - Tuesday

8+7 =15- Tuesday

15+7=22-Tuesday

22+7=29-Tuesday

But given that last day of the same month is Monday

It is possible only in he month of Febuary with 28 days.

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Filed Under: Data Sufficiency
Exam Prep: Bank Exams
Job Role: Bank PO

17 20352

Q:

Read the statement and select a conclusion from the given alternatives.

Statement :

The Official Secret Act (OSA) enacted by the 'ABC' Government in the year 1930 seems to be one of the major sources of corruption in the country 'X'.

Conclusions :

I. The Official Secret Act has to be abolished immediately to put an end to the corruption in the country 'X'.

II. The 'ABC' Government had an intention of encouraging corruption in the Government offices.

A) Only conclusion I follows	B) Only conclusion II follows
C) Either I or II follows	D) Neither I nor II follows

Answer & Explanation Answer: A) Only conclusion I follows

Explanation:

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

0 20330

Q:

Directions to solve :

Five boys are sitting on a bench to be photographed. Sachin is to the left of Ram and to the right of Bin. Monty is to the right of Ram. Rony is between Ram and Monty.

Who is second from the left in the photograph?

A) Rony	B) Monty
C) Bin	D) Sachin

Answer & Explanation Answer: D) Sachin

Explanation:

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

1 20327

Q:

The breadth of a rectangular field is 60% of its length. If the perimeter of the field is 800 m.What is the area of the field?

A) 47500	B) 37500
C) 57500	D) 77500

Answer & Explanation Answer: B) 37500

Explanation:

Let length = x meters, then breadth = 0.6x

Given that perimeter = 800 meters

=> 2[ x + 0.6x] = 800

=> x = 250 m

Length = 250m and breadth = 0.6 x 250 = 150m

Area = 250 x 150 = 37500 sq.m

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

19 20302

Q:

How many numbers up to 300 and 700 are divisible by 2, 3 and 7 both together ?

A) 7	B) 9
C) 11	D) 5

Answer & Explanation Answer: B) 9

Explanation:

LCM of 2, 3, 7 is 42.

=> (700 – 300)/42 = 9 22/42 => 9 Numbers.

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Filed Under: Numbers
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28 20288

Q:

Answer the questions based on the following bar chart

The following bar chart shows the trends of mutual funds investments into India from all over the world.

Which year exhibited the highest growth in mutual funds investments in India over the period shown?

A) 1993	B) 1994
C) 1995	D) 1996

Answer & Explanation Answer: D) 1996

Explanation:

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Filed Under: Bar Charts
Exam Prep: Bank Exams

0 20273

Q:

Arrange the given words in the sequence in which they occur in the dictionary.

i. Examination
ii. Explicit
iii. Expenditure
iv. Experience

A) i, iv, iii, ii	B) i, ii, iii, iv
C) i, iv, ii, iii	D) i, iii, iv, ii

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