4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Revenue should be recognized when

A) the service is performed	B) the customer charges an order
C) cash is received	D) the customer places an order

Answer & Explanation Answer: A) the service is performed

Explanation:

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

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

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Apparant	B) Apparent
C) Aparent	D) Appareint

Answer & Explanation Answer: B) Apparent

Explanation:

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

The bar graph shows the number of soldiers in the armies of different countries. Study the diagram and answer the following questions.

Number of soldiers of country F is greater than those of country A by ___________.

A) 50%	B) 66.7%
C) 300%	D) 200%

Answer & Explanation Answer: D) 200%

Explanation:

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Filed Under: Bar Charts
Exam Prep: Bank Exams

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Q:

If the price of sugar is decreased by 18%, then a person can buy 16.2 kg sugar more for Rs 4500. What will be the new price (in Rs) of sugar per kg?

A) 40	B) 60
C) 45	D) 50

Answer & Explanation Answer: D) 50

Explanation:

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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

If $\frac{2 + a}{a} + \frac{2 + b}{b} + \frac{2 + c}{c} = 4$ , then the value of $\frac{ab + bc + ca}{abc}$ is

A) 2	B) 1
C) 0	D) 1/2

Answer & Explanation Answer: D) 1/2

Explanation:

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, choose the alternative which best expresses the meaning of the idiom/Phrase.

Take the bull by the horns

A) crush something with a heavy hand	B) grapple the situation courageously
C) close your eyes and attack the bull	D) take defensive measures to deal with a crisis.

Answer & Explanation Answer: B) grapple the situation courageously

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

The state or quality of being holy

A) Avarice	B) Baseness
C) Sanctity	D) Parsimony

Answer & Explanation Answer: C) Sanctity

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In a certain code language, '+' represents 'x', '-' represents '+', 'x' represents '÷' and '÷' represents '-'. What is the answer to the following question?

15 - 5 + 25 ÷ 10 = ?

A) 22	B) -4
C) 17	D) 130

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