Bank Exams Questions

Q:

'The Race of my Life' the Autobiography has been co-authored by Milkha Singh's daughter, whose name is ____ ?

A) Sonia Sanwalka B) Mankhia Singh
C) Sanjitia Sardar D) Poonam Dillo
 
Answer & Explanation Answer: A) Sonia Sanwalka

Explanation:
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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams
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Q:

Which is a common first indicator of an approaching thunderstorm?

A) too hot B) heavy wind
C) a buildup of dark clouds D) lightning
 
Answer & Explanation Answer: C) a buildup of dark clouds

Explanation:

The first indicator of an approaching thunderstorm is a buildup of dark clouds.

A thunderstorm is a storm with lightning and thunder; it is usually produced by heavy rain, gusty wind, and the cumulonimbus cloud. The thunderstorm is made up of moisture, unstable air and lift.

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Filed Under: Physics
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2 5119
Q:

A sapphire ring with a marked price of $1800 is offered to the purchaser on the following terms: $200 deposit and the balance to be paid over 24 equal monthly instalments with interest charged at 11.5% p.a. flat rate. Find the monthly repayments

A) $53 B) $42
C) $62 D) $82
 
Answer & Explanation Answer: D) $82

Explanation:

Total repayment amount = $1600 + $368
= $1968
= $82

regular payment= total amount/number of repayments

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Filed Under: Simple Interest
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1 5119
Q:

The idea of ‘Farr-i Izadi’, on which the Mughal kingship was based, was first developed by which one of the following Sufi saints?

A) Shihabuddin Suhrawardi B) Nizamuddin Auliya
C) Ibn al-Arabi D) Bayazid Bistami
 
Answer & Explanation Answer: A) Shihabuddin Suhrawardi

Explanation:

Abul Fazl placed Mughal kingship as the highest station in the hierarchy of objects receiving light emanating from God (farr-i izadi). Abul Fazl was inspired by a famous Iranian Sufi, Shihabuddin Suhrawardi who first developed this idea. According to this idea, there was a hierarchy in which the Divine Light was transmitted to the king who then became the source of spiritual guidance for his subjects.

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Filed Under: Indian History
Exam Prep: Bank Exams

2 5119
Q:

$10,000 face value strip bond has 15 years remaining until maturity. If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond?

A) 1710.29 B) 2710.29
C) 3710.29 D) 4710.29
 
Answer & Explanation Answer: C) 3710.29

Explanation:

i=j/m

n =m(Term) = 2(15.5)  =31

Fair market value  Present value of the face value

 =FV(1+  i)^-n

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Filed Under: Compound Interest
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4 5117
Q:

First Afghan War took place in the year

A) 1849 B) 1839
C) 1858 D) 1869
 
Answer & Explanation Answer: B) 1839

Explanation:
      • The First Anglo-Afghan War also known as Disaster in Afghanistan was fought between British imperial India and The Emirate of Afghanistan from 1839 to 1842.
      • A British-Indian force attacks Ghazni fort during the First Afghan War, 1839.
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Filed Under: Indian History
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13 5116
Q:

Find the Odd one out of the following Numbers?

A) 3 B) 19
C) 67 D) 133
 
Answer & Explanation Answer: D) 133

Explanation:

Here among the given numbers, 3, 19, 67 are prime numbers. And 133 is not a prime number.

 

Hence, the odd number of the given numbers is 133.

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4 5114
Q:

Jackie deposits $325 in an account that pays 4.1% interest compounded annually. How much money will Jackie have in her account after 3 years?

A) 346.64 B) 356.64
C) 366.64 D) 376.64
 
Answer & Explanation Answer: C) 366.64

Explanation:

A=P(1+r)^t

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Filed Under: Compound Interest
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