Bank Exams Questions

Q:

Solve this inequality 3p - 16 < 20?

A) p >= 12 B) p <= 11/3
C) p < 12 D) p > 11/3
 
Answer & Explanation Answer: C) p < 12

Explanation:

The given inequality is 3p - 16 < 20

For solving this inequality, follow these steps

Now add 16 on both sides

we get 3p - 16 + 16 < 20 + 16

=> 3p  < 36

Now divide the above eqn with 3 on both sides

we get, 3p/3 < 36/3

p < 12.

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Filed Under: Simplification
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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4 3406
Q:

Find the annual interest rate that produces $100,000 from $20,000 in 15 years.

A) 9.33% B) 10.33%
C) 11.33% D) 12.33%
 
Answer & Explanation Answer: C) 11.33%

Explanation:

l=(F/P)^1/n-1

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

0 3405
Q:

Open market operation is a part of

A) Debit Policy B) Deposit Policy
C) Credit Policy D) None of above
 
Answer & Explanation Answer: C) Credit Policy

Explanation:

Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.

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

4 3404
Q:

If  x×y = x + y + xy, the value of 6x24 is:

A) 41 B) 42
C) 43 D) 44
 
Answer & Explanation Answer: B) 42

Explanation:

Given x × y = x + y + xyHere x = 6 , y = 24Then, x × y = 6 + 24 + 6x246 x 24 = 30 + 144= 30 + 12= 42.

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Filed Under: Square Roots and Cube Roots
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7 3403
Q:

Who among the following was the religious guru of Shivaji?

A) Ram Das B) Tukaram
C) Jnaneshwar D) Eknath
 
Answer & Explanation Answer: A) Ram Das

Explanation:

The religious guru of Shivaji was Ram Das.

who_was_the_religious_guru_of_Shivaji1547630263.jpg image

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Filed Under: Indian History
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5 3403
Q:

284 028 in word form?

A) Twenty eight thousand four hundred and twenty eight B) Two lakhs eighty four thousand twenty eight
C) Twenty eight lakhs forty thousand twenty eight D) Two lakhs eight forty thousand twenty eight
 
Answer & Explanation Answer: B) Two lakhs eighty four thousand twenty eight

Explanation:
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Filed Under: Arithmetical Reasoning
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6 3402
Q:

Headquarters of State Bank of India is in

A) Noida B) Mysore
C) Mumbai D) Hyderabad
 
Answer & Explanation Answer: C) Mumbai

Explanation:

State Bank of India (SBI) is the largest public sector banks in India. It was the first bank established in India as Bank of Calcutta in 1806 and then Imperial Bank of India and then it became State Bank of India on 1st July 1955. The Headquarters of State Bank of India is in Mumbai, Maharashtra.

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Filed Under: Bank Interview
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25 3402
Q:

Calculate the effective interest rate of a 10% annual rate compounded continuously.

A) 9.52% B) 10.52%
C) 11.52% D) 12.52%
 
Answer & Explanation Answer: B) 10.52%

Explanation:

E=e^i-1

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

0 3402