Exams


Q:

A does 75% of a work in 50 days. He then calls in B and they together finish the remaining work in 10 days. How long B alone would take to complete the whole work?

A) 200 days B) 50 days
C) 100 days D) 125 days
 
Answer & Explanation Answer: C) 100 days

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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

Which of the following statements about minimum payments is incorrect?

A) If you send in the minimum payment, you will be charged a late fee B) Paying the minimum means you are only paying off a portion of your total debt
C) You will still pay interest on your balance if you submit the minimum payment D) Minimum payments are typically only 2-4% of your total debt
 
Answer & Explanation Answer: A) If you send in the minimum payment, you will be charged a late fee

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

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Q:

In a certain code language, "TOAST" is written as "56345" and "TRAIN" is written as "59310". How is"TORN" written in that code language?

A) 5634 B) 5609
C) 5690 D) 5663
 
Answer & Explanation Answer: C) 5690

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

Mishti's birthday is on Thursday 27th April. On what day of the week will be Aradhya's Birthday in the same year, if Aradhya was born on 20th October?

A) Friday B) Wednesday
C) Saturday D) Thursday
 
Answer & Explanation Answer: A) Friday

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Filed Under: Calendar
Exam Prep: Bank Exams

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Q:

N is the largest two digit number, which when divided by 3, 4 and 6 leaves the remainder 1, 2 and 4 respectively. What is the remainder when N is divided by 5?

A) 4 B) 2
C) 0 D) 1
 
Answer & Explanation Answer: A) 4

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Filed Under: Problems on Numbers
Exam Prep: Bank Exams

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Q:

' The Sikhs of New York ' organised the " Turban Day " at Times Square on which date?

A) March 15, 2017 B) April 11, 2017
C) March 14, 2017 D) April 15, 2017
 
Answer & Explanation Answer: D) April 15, 2017

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Filed Under: Important Days and Years
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

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Q:

What is the basic objective of monetary policy?

Answer

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.


The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.


Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

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

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Q:

Umar and Avinash started a partnership with investments of Rs. 10000 and Rs. 15000, respectively. But due to a financial emergency the latter had to withdraw his investment after 8 months. In what ratio should the profit of the first twelve months be shared among the duo?

A) 3:2 B) 2:3
C) 1:2 D) 1:1
 
Answer & Explanation Answer: D) 1:1

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Filed Under: Partnership
Exam Prep: Bank Exams

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