Bank Exams Questions

Q:

In a certain code language, “MOTOR” is written as “ORXTX”. How is “GUARD” written in that code language?

 

A) MWEJL B) VTXRM
C) JXIWK D) IXEWJ
 
Answer & Explanation Answer: D) IXEWJ

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

What is the full form of ASSOCHAM?

A) Associated Chambers of Commerce and Industry B) Association of Commerce
C) Associated Commerce D) Associated Chambers in India
 
Answer & Explanation Answer: A) Associated Chambers of Commerce and Industry

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021 B) March, 2019
C) March, 2022 D) March, 2020
 
Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Lowering of value of currency relative to a foreign reference currency is called _________.

A) Devaluation B) Revaluation
C) Down valuation D) Negative valuation
 
Answer & Explanation Answer: A) Devaluation

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Filed Under: Indian Economy
Exam Prep: CAT , Bank Exams

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Q:

In the question given below, a statement is given followed by three courses of action. A course of action is taken for improvement, follow up, etc. Read the statement carefully and give your answer.

Statement:
A knife-wielding assailant killed a 29- year-old man and injured four others in a lively neighbourhood near Paris’ famed Opera Garnier before he was killed by police on Saturday night.

Courses of Action:
I. The government should ban the sale of knives in all major cities.
II. Any person seen carrying a knife should be immediately taken into police custody.
III. Policemen should be posted near all major tourist spots to avoid such untoward incidents.

A) Only course of action I follows B) Only course of action II follows
C) Both I and II follow D) Both II and III follow
 
Answer & Explanation Answer:

Explanation:

None of the courses of action follow. Banning the sale of knives just because one particular knife-wielding assailant went on a rampage makes no sense. Similarly, taking into police custody all those who are seen carrying knives is not something practical. Knives can be used for so many other purposes not involving the killing/harming of people. Finally, it is not a realistic expectation that posting policemen in all major tourist spots would reduce or altogether stop instances of such occurrences. Therefore, option E is the correct answer.

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Q:

Given is a statement followed by two assumptions numbered I and II. Consider the statement and the following assumptions and decide which of the assumptions is/are implicit in the statement.
Statement:
All the species of plants and animals are part of biodiversity and ecosystems and play major role in the overall health of the environment.
Assumptions:
I. Preserve or create a backyard habitat. Save as many native plants as you can when building or landscaping.
II. One of the major goals of sustainability is to preserve biodiversity. All life on Earth is connected through the flow of energy (planetary food web), and each time a species becomes endangered or lost to extinction, one more part of that energy flow is lost.

A) Neither assumption I nor II is implicit. B) Both assumptions I and II are implicit.
C) Only assumption I is implicit. D) Only assumption II is implicit.
 
Answer & Explanation Answer: D) Only assumption II is implicit.

Explanation:
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Filed Under: Statement and Assumptions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who was awarded Banga Bibhushan, the highest civilian award of West Bengal, for 2018?

A) Aparna Sen B) Victor Banerjee
C) Soumitra Chatterjee D) Asha Bhosle
 
Answer & Explanation Answer: D) Asha Bhosle

Explanation:
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Filed Under: Honours and Awards
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

 The 91st Academy Awards ceremony will honor the best films of 2018 and will take place at the Dolby Theatre in- 

A)  Tokyo  B) Los Angels
C) Paris D) Sydney
 
Answer & Explanation Answer: B) Los Angels

Explanation:

The 91st Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS), will honor the best films of 2018 and will take place at the Dolby Theatre in Hollywood, Los Angeles, California. The ceremony will be held on February 24, 2019. 

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Filed Under: Honours and Awards
Exam Prep: AIEEE , Bank Exams , CAT

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