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Bank Exams Questions

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Q:

Mr. and Mrs. Espedido’s property taxes, amounting to $2450, are due on July 1.What amount should the city accept if the taxes are paid eight months in advance and the city can earn 6% compounded monthly on surplus funds?

A) 2354.17 B) 2354
C) 2376 D) 2389
 
Answer & Explanation Answer: A) 2354.17

Explanation:

i=j/m

PV=  FV(1+  i)^-n 

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

1 5009
Q:

_____ ties-up with Airtel to roll out integrated digital offerings to customers in 2017 ?

A) Uber cabs B) Ola cabs
C) Cabs 24 D) Dot cabs
 
Answer & Explanation Answer: B) Ola cabs

Explanation:

India's largest cab aggregator Ola has partnered with Bharti Airtel to launch a range of integrated digital offerings to customers.

 As part of the partnership, Ola will integrate Airtel Payments bank to its app and Airtel will integrate Ola's mobile wallet Ola Money as a payment solution on Airtel website and MyAirtel app for mobile recharges and bill payments.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

2 5007
Q:

Laxmi and Prasanna set on a journey. Laxmi moves northwards at a speed of 20kmph and Prasanna moves southward at a speed of 30 kmph. How far will be Prasanna from Laxmi after 60 minutes ?

A) 24 km B) 50 km
C) 42 km D) 30 km
 
Answer & Explanation Answer: B) 50 km

Explanation:

We know 60 min = 1 hr
Total northward Laxmi's distance = 20kmph x 1hr = 20 km
Total southward Prasanna's distance = 30kmph x 1hr = 30 km
Total distance between Prasanna and Laxmi is = 20 + 30 = 50 km.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

3 5007
Q:

Which Bank has been given scheduled bank status by RBI  ?

A) Disha B) Suryoday
C) Janalakshmi D) Ujjivan
 
Answer & Explanation Answer: D) Ujjivan

Explanation:

Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given scheduled bank status by RBI.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

5 5006
Q:

Two filling taps P and Q together can fill a tank with rate of 40 lit/min and 60 lit/min respectively in 8 min. If a waste tap can empty the filled tank in 32 min, then what is the rate of waste tap ?

A) 34 lit/min B) 25 lit/min
C) 22 lit/min D) 18 lit/min
 
Answer & Explanation Answer: B) 25 lit/min

Explanation:

Given that the waste tap can empty the filled tank in 32 min.

Now, the rate at which the waste tap can empty the tank = (40 + 60)8/32 = 100/4 = 25 lit/min.

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Filed Under: Pipes and Cistern
Exam Prep: AIEEE , Bank Exams , CAT
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13 5002
Q:

Parallel construction means that you

A) give both sides of the argument in your essay. B) begin each paragraph of your essay in the same way.
C) use the same grammatical construction in all similar headings throughout an outline. D) repeat the first paragraph of your essay as the last paragraph.
 
Answer & Explanation Answer: C) use the same grammatical construction in all similar headings throughout an outline.

Explanation:
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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , GRE , TOEFL
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16 5002
Q:

Pure Banking, Nothing Else - is a slogan of

A) YES Bank B) SBI Bank
C) Axis Bank D) HDFC Bank
 
Answer & Explanation Answer: B) SBI Bank

Explanation:

"Pure Banking, Nothing Else" - is a slogan raised by SBI -  State Bank of India.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

2 5002
Q:

Choose the synonym of 'Maelstrom' from the following given words ?

A) Congregation B) Thunder
C) Miracle D) Turmoil
 
Answer & Explanation Answer: D) Turmoil

Explanation:

'Maelstrom' refers to a violent and confused state. The word closest in meaning would be 'turmoil', which also means a state of great disturbance.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

5 5001