Bank Exams Questions

Q:

The headquarters of the International court of Justice is situated at _____ ?

A) Sweden B) Geneva
C) London D) Hague
 
Answer & Explanation Answer: D) Hague

Explanation:

International court of Justice (ICJ) is the main judicial organ or branch of the United Nations, sometimes people call it the World Court. ICJ was established in the year 1945 and has its headquarters at The Hague, Netherlands.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

The oldest form of composition of Hindustan Vocal music is

A) Thumri B) Ghazal
C) Dhrupad D) None of the above
 
Answer & Explanation Answer: C) Dhrupad

Explanation:
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Filed Under: Indian Culture
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

The value of -4-(-10) is how much greater then the value of -10-(-4) ?

A) 10 B) 6
C) 12 D) 0
 
Answer & Explanation Answer: C) 12

Explanation:

-4-(-10) = -4+10 = 6

 

-10-(-4) = -10+4= -6

 

Therefore, 6-(-6) = 6+6 = 12

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Filed Under: Mathematical Operations
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Q:

As per the recommendations of the 12th Finance Commission, what will be the Share of the State Govts in total shareable proceeds of Central taxes?

A) 15% B) 20.5%
C) 22% D) 30.5%
 
Answer & Explanation Answer: D) 30.5%

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Most modern Banking Systems are based on

A) commodity money B) 100 percent reserves
C) fractional reserves D) money of intrinsic value
 
Answer & Explanation Answer: C) fractional reserves

Explanation:

Most modern banking systems are based on Fractional reserves.

 

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
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Q:

Which of the following is not an Operating System?

A) Windows Vista B) Linux
C) Microsoft Office D) Apple's Mac OS
 
Answer & Explanation Answer: C) Microsoft Office

Explanation:
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Filed Under: Computer
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Q:

In a test, 14% of the students failed in Maths and 22% failed in Hindi. If 18% of the students failed in both the subjects, then the percentage of students who passed in both the subjects is

A) 46 B) 44
C) 42 D) 40
 
Answer & Explanation Answer: A) 46

Explanation:

Let the number of students = 100

Number of students who failed in one or more subjects = 14 + 22 + 18 = 54%

The percentage of students who passed in both the subjects = 100 - 54 = 46%.

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Filed Under: Percentage
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Q:

Which of the following is / are fund managers for National Pension System (NPS) in 2017 ?

A) Axis provident fund B) Yes bank pension fund
C) ICICI prudential pension D) Punjab National provident fund
 
Answer & Explanation Answer: C) ICICI prudential pension

Explanation:

At present in 2017, there are only seven NPS fund managers viz. HDFC Pension Fund, ICICI Prudential Pension, Kotak Pension Fund, LIC Pension Fund,  Reliance Capital Pension, SBI Pension Fund and UTI Retirement Solutions.

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