Exams Questions and Answers

Q:

Select the option that does not belong in the following figure series.

A) A	B) B
C) C	D) D

Answer & Explanation Answer: A) A

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

1 24554

Q:

Article 360 of Indian Constitution, empowers whom to proclaim a Financial Emergency?

A) The Finance Minister of India	B) The Governor of Reserve Bank of India
C) The President of India	D) Defence Minister of India

Answer & Explanation Answer: C) The President of India

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

2 24548

Q:

What is considered the most important fundamental principle of Jainism?

A) Karma	B) Non-violence
C) Dispassion (Virag)	D) Loyalty

Answer & Explanation Answer: B) Non-violence

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 24538

Q:

In the following question, select the related letter/letters from the given alternatives.

BCE : IJL : : CDF : ?

A) KLN	B) JKM
C) JLN	D) KMN

Answer & Explanation Answer: B) JKM

Explanation:

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Filed Under: Analogy
Exam Prep: Bank Exams

0 24527

Q:

The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit ?

A) Rs. 660	B) Rs. 560
C) Rs. 1060	D) Rs. 960

Answer & Explanation Answer: D) Rs. 960

Explanation:

Let C.P. = Rs. C.
Then, 832 - C = C - 448
2C = 1280 => C = 640
Required S.P. = 150% of Rs. 640 = 150/100 x 640 = Rs. 960.

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

48 24486

Q:

If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years ?

A) 3387.42	B) 4387.42
C) 5387.42	D) 6387.42

Answer & Explanation Answer: C) 5387.42

Explanation:

The mathematical formula for calculating compound interest depends on several factors. These factors include the amount of money deposited called the principal, the annual interest rate (in decimal form), the number of times the money is compounded per year, and the number of years the money is left in the bank.

$F V = p {(1 + \frac{r}{n})}^{n t}$

FV = Future value of the Deposit

p = Principal or Amount of Money deposited

r = Annual Interest Rate (in decimal form )

n = No of times compounded per year

t = time in years

$F V = 4000 {[1 + \frac{0.06}{4}]}^{4 (5)}$ = 5387.42

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

21 24463

Q:

In the following question, select the odd letter/letters from the given alternatives.

A) ORU	B) CFI
C) HKN	D) FJM

Answer & Explanation Answer: D) FJM

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

1 24435

Q:

"Gilt-edged" means ___________.

A) bullion market	B) market of government securities
C) market of guns	D) market of pure metals

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