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Q:

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

A) Rs. 50.50 B) Rs. 51.25
C) Rs. 51.50 D) Rs. 50.05
 
Answer & Explanation Answer: B) Rs. 51.25

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Who wrote the book 'Two Fates - The Story of My Divorce', which is a parody of Chetan Bhagat's 'Two States - The Story of My Marriage'?

A) Namita Gokhale B) Judy Balan
C) Swati Kaushal D) Arundati Roy
 
Answer & Explanation Answer: B) Judy Balan

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

The Renaissance is a period in Europe, from the ________________________.

A) 18th to the 20th century B) 14th to the 17th century
C) 11th to the 13th century D) 7th to the 10th century
 
Answer & Explanation Answer: B) 14th to the 17th century

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Filed Under: World History
Exam Prep: Bank Exams

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Q:

Evaporation of water takes place in which part of plants?

A) Stem B) Stomata
C) Branch D) Fruit
 
Answer & Explanation Answer: B) Stomata

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In December 2017, who launched ‘Livestock Disease Forewarning – Mobile Application (LDF-Mobile App)’?

A) J. P. Nadda B) Radha Mohan Singh
C) Ram Vilas Paswan D) Harsimrat Kaur Badal
 
Answer & Explanation Answer: B) Radha Mohan Singh

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Filed Under: General Awareness

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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate B) Repo rate
C) Reserve repo rate D) Marginal Standing Facily
 
Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Filed Under: General Awareness

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Q:

In December 2017, SEBI tightened rating agency norms. The net worth requirement for rating agencies has now been increased from Rs 5 crore to ______.

A) Rs 10 crore   B) Rs 15 crore
C) Rs 20 crore D) Rs 25 crore
 
Answer & Explanation Answer: D) Rs 25 crore

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.


The Principal said to us, "Today you will get your diplomas."

A) The Principal told us that on that day we would be getting our diplomas. B) The Principal told us this on that day we would be getting our diplomas.
C) The Principal told us that on this day we would be getting our diplomas. D) The Principal told us this on that day we will be getting our diplomas.
 
Answer & Explanation Answer: A) The Principal told us that on that day we would be getting our diplomas.

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Filed Under: English
Exam Prep: Bank Exams

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