Bank Exams Questions

Q:

A Credit may signify a

A) Increase in the liability account B) Decrease in an asset account
C) Increase in the capital stock account D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

A credit may signify a decrease in an asset account or an increase in a liability or capital stock account. 

 

A debit may signify an increase in an asset account.

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Filed Under: Accounts Payable
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Q:

Three of the following four are alike in a certain way and hence form a group. Which is the one that does not belong to that group?

A) 8 B) 13
C) 29 D) 38
 
Answer & Explanation Answer: D) 38

Explanation:

The numbers are based on the expression n2 + 4

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Filed Under: Classification
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Q:

India's Grandmaster Vishwanathan Anand won the Rapid World Chess Championship by defeating

A) Anatoly Karpov B) Robert Fischer
C) Boris Spassky D) Levon Aronian
 
Answer & Explanation Answer: D) Levon Aronian

Explanation:
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Filed Under: General Awareness
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Q:

Ajanta paintings depict scenes from the

A) Jatakas B) Ramayana
C) Upanishads D) Mahabharat
 
Answer & Explanation Answer: A) Jatakas

Explanation:

Ajanta paintings depict scenes from the Jataka Tales. The Jataka tales are a voluminous body of literature native to India. The stories in that are associated with previous births of Gautama Buddha in both human and animal form.

ajanta_paintings_depict_scenes_from_the1559194412.jpg image

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Filed Under: Indian History
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Q:

In economics,"capital" refers to

A) mineral resources B) the money in one's pocket
C) consumer goods D) buildings and equipment
 
Answer & Explanation Answer: D) buildings and equipment

Explanation:

Capital refers to buildings and equipment i.e, goods which are used by workers to produce other goods such as machinery, land, ...

Capital has a number of related meanings in economics, finance, and accounting.

In economics, Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship.

In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business.

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Filed Under: Indian Economy
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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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Q:

One New York publisher has estimated that 50,000 to 60,000 people in the United States want an anthology that includes the complete works of William Shakespeare. And what accounts for this renewed interest in Shakespeare? As scholars point out, his psychological insights into both male and female characters are amazing even today.


This paragraph best supports the statement that
A. Shakespeare's characters are more interesting than fictional characters today.
B. people even today are interested in Shakespeare's work because of the characters.
C. academic scholars are putting together an anthology of Shakespeare's work.
D. New Yorkers have a renewed interested in the work of Shakespeare.
E. Shakespeare was a psychiatrist as well as a playwright.

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

Explanation:

The last sentence in the paragraph clearly gives support for the idea that the interest in Shakespeare is due to the development of his characters. Choice a is incorrect because the writer never makes this type of comparison. Choice c is wrong because even though scholars are mentioned in the paragraph, there is no indication that the scholars are compiling the anthology. Choice d is wrong because there is no support to show that most New Yorkers are interested in this work. There is no support for choice e either.

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Filed Under: Statement and Arguments
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Q:

Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of 2 years?

I. The rate of interest is 5 p.c.p.a.

II. Simple interest fetched on the same amount in one year is Rs. 600.

III. The amount borrowed is 10 times the simple interest in 2 years.

A) I only B) III only
C) I or II only D) .II and Either I or III only
 
Answer & Explanation Answer: D) .II and Either I or III only

Explanation:

 

 

I. gives, Rate = 5% p.a.

 

II. gives, S.I. for 1 year = Rs. 600.

 

III. gives, sum = 10 x (S.I. for 2 years).

 

Now I, and II give the sum.

 

For this sum, C.I. and hence amount can be obtained.

 

Thus, III is redundant.

 

Again, II gives S.I. for 2 years = Rs. (600 x 2) = Rs. 1200.

 

Now, from III, Sum = Rs. (10 x 1200) = Rs . 12000.

 

Thus, Rate =

 

100 x 1200

 

= 5% p.a.

 

2 x 12000

 

Thus, C.I. for 2 years and therefore, amount can be obtained.

 

Thus, I is redundant.

 

Hence, I or III redundant.

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