Bank Exams Questions

Q:

In India, Salt Lake City is located in

A) West Bangal B) Rajastan
C) Gujarat D) Delhi
 
Answer & Explanation Answer: A) West Bangal

Explanation:

BidhanNagar in Kolkata, West Bangal is popularly known as Salt Lake City.

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Filed Under: Indian Geography
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Analyst

18 4068
Q:

Which of the following is the basic characteristic of Oligopoly ?

A) a few sellers, many buyers B) many sellers, a few buyers
C) a few sellers, a few buyers D) a few sellers, one buyer
 
Answer & Explanation Answer: A) a few sellers, many buyers

Explanation:
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
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13 4067
Q:

I have three eyes but only one leg.

I still close one even if you beg. 

What am I?

Answer

A traffic light.


It has three 'eyes' (the red, orange and green lights) and the leg is the pole holding it up. Many people beg the light to stay green as they’re approaching.

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2 4064
Q:

Which law relates to the ideal gas law?

A) P1T1 = P2T2 B) P1/V1 = P2/V2
C) P1V1 = P2V2 D) T1/V1 = T2/V2
 
Answer & Explanation Answer: C) P1V1 = P2V2

Explanation:

Ideal Gas Law ::

The Combined gas law or General Gas Equation is obtained by combining Boyle's Law, Charles' Law, and Gay-Lussac's Law. It shows the relationship between the pressure, volume, and temperature for a fixed mass (quantity) of gas:

P1V1T1 = P2V2T2

 

Hence, the Boyle's law P1V1 = P2T2, relates to ideal gas equation.

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Filed Under: Physics
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5 4062
Q:

A decision committee of 5 members is to be formed out of 4 Actors, 3 Directors and 2 Producers. In how many ways a committee of 2 Actors, 2 Directors and 1 Producer can be formed ?

A) 18 B) 24
C) 36 D) 32
 
Answer & Explanation Answer: C) 36

Explanation:

Required Number of ways = 4C2 × 3C2 × 2C1 = 36 = 36

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Filed Under: Permutations and Combinations
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17 4062
Q:

ETCS means

A) Electronic Tax Collected at Source B) Electric Tax Collected at Source
C) Enable Tax Collected at Source D) Electrical Tax Collected at Source
 
Answer & Explanation Answer: A) Electronic Tax Collected at Source

Explanation:

Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified.

E - TCS  is the process of filing TCS returns through electronic media. It is necessary for government and corporate collectors to file TCS returns in its electronic form. Collectors (other than government) have the provision to file TCS returns in physical form or electronic form.

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Filed Under: Accounts Receivable
Exam Prep: Bank Exams , CAT
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5 4060
Q:

The difference between simple interest and compound interest of a certain sum of money at 20% per annum for 2 years is Rs. 56. Then the sum is :

A) Rs. 3680 B) Rs. 2650
C) Rs. 1400 D) Rs. 1170
 
Answer & Explanation Answer: C) Rs. 1400

Explanation:

We know thatThe Difference between Compound Interest and Simple Interest for n years at R rate of interest is given by C.In - S.In = PR100n

Here n = 2 years, R = 20%, C.I - S.I = 56

56 = P201002=> P = 56 x 52=> P = 56 x 25=> P = Rs. 1400

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Filed Under: Compound Interest
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28 4060
Q:

On sport’s day, if 12 children were made to stand in each column, 98 columns could be formed. After a certain music being played the plan was that the children have to stand in concentric circles such that the innermost circle will have one student, the next circle will have two students, the third circle will have 3 students and so on. How many circles will be formed in this manner ?

A) 44 B) 46
C) 48 D) 49
 
Answer & Explanation Answer: C) 48

Explanation:

No. of students will be 98 x 12 = 1176
let us consider n circles then 1 + 2 + 3 + ....+ n = 1176
n(n+1)/2 = 1176
n = 48 circles.

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Filed Under: Arithmetical Reasoning
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3 4055