Bank Exams Questions

Q:

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time

A) Rs.51.25 B) Rs.61.25
C) Rs.51 D) Rs.42
 
Answer & Explanation Answer: A) Rs.51.25

Explanation:

Sum = Rs.(50*100)/2*5=Rs.500

Amount=Rs.[500*(1+5/100)2]

= Rs. 551.25

 

 C.I = Rs.(551.25-500)= Rs.51.25

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

India has been placed in the _______ spot in the renewable energy country attractiveness index by EY.

A) 1st B) 2nd
C) 3rd D) 4th
 
Answer & Explanation Answer: B) 2nd

Explanation:

India has been placed in the second spot in the renewable energy country attractiveness index by EY. The UK accountancy firm noted the fast pace of growth in Indian renewable energy in the past three years. Over 10 gigawatt (Gw) of solar power was added between 2015 and 2017 and wind energy capacity grew to 5.4 Gw in 2017-18. This growth is in the context of the government’s ambitious targets — 175 Gw of renewables by 2022, with 40 per cent installed capacity from renewables by 2030 — and the dramatic price falls in photovoltaic technology.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

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Q:

Fiscal Policy is concerned with

A) Government Spending and Taxation B) Money Supply
C) Government Spending, Money Supply and Taxation D) Taxation
 
Answer & Explanation Answer: A) Government Spending and Taxation

Explanation:

The two most widely recognized tools used to influence a Nation's Economic activity are Monetary policy and Fiscal policy.

 

    • Monetary policy is primarily concerned with the management of interest rates and the total supply of money in circulation and is generally carried out by central banks

 

    • Fiscal policy is the collective term for the taxing and spending actions of governments.

 

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

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Q:

Group of birds flying together is called Startling.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

A Group of birds or a flock flying together in hundreds or even in thousands is called Murmuration.

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Subject: Animals and Birds
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which layer 4 protocol is used for a Telnet connection?

A) UDP B) IP
C) TCP D) TCP/IP
 
Answer & Explanation Answer: C) TCP

Explanation:

Telnet uses TCP at layer 4. It uses IP at layer 3. We know that Telnet uses TCP/IP protocol, but in the question, it is asked specifically at layer 4 what is used in Telnet. So it is TCP at layer4 and IP at layer 3.

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Q:

How many Months of the year have 28 Days?

A) 12 B) 7
C) 5 D) 6
 
Answer & Explanation Answer: A) 12

Explanation:

We have 12 months.

In every month we get 28 or more days. 

So that implies we get 28 days in each and every month.

 

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Filed Under: Logic Puzzles
Exam Prep: TOEFL , GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: IT Trainer , Database Administration , Bank PO , Analyst

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Q:

The value of Gold is determined in

Answer

The gold prices in India are determined according to the international market in the following way:


- The price of gold in USD is taken as a base price. Depending on the value of indian rupee as compared to USD (eg- 1 USD= ₹63), the price of gold is converted into rupees.


- The import duties on gold are added to obtain the final price of gold.


 



  • Gold is a global commodity. In the international market, the price of gold is determined by the forces of demand and supply. Higher demand leads to higher price and vice versa. Higher supply leads to lower price and vice versa.

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Subject: General Awareness Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

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Q:

Which of the following statement(s) is/are TRUE?

I. The total number of positive factors of 72 is 12.
II. The sum of first 20 odd numbers is 400.
III. Largest two digit prime number is 97.

A) Only I and II B) Only II and III
C) Only I and III D) All are true.
 
Answer & Explanation Answer: D) All are true.

Explanation:
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