Bank Exams Questions

Q:

The Supreme Court is best characterized as

A) a judicial court B) a federal court
C) a inferior court D) an appellate court
 
Answer & Explanation Answer: D) an appellate court

Explanation:
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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What is the basic objective of monetary policy?

Answer

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.


The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.


Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

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

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Q:

A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?

A) 16 2/3 B) 33 1/3
C) 40 D) 66.6
 
Answer & Explanation Answer: D) 66.6

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

If 1 shirt is offered free on purchase of 4 shirts, what is the effective discount (in %) on each shirt?

A) 25 B) 20
C) 16 D) 24
 
Answer & Explanation Answer: B) 20

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

How long is an IPv6 address?

A) 128 bytes B) 32 bits
C) 128 bits D) 32 bytes
 
Answer & Explanation Answer: C) 128 bits

Explanation:

IPv6 - Internet Protocol Version 6.

IPv6 addresses have a size of 128 bits.

Internet Protocol Version 6 [IPv6] is the successor to the Internet's first addressing infrastructure, Internet Protocol version 4 (IPv4).

In contrast to IPv4, which defined an IP address as a 32-bit value, IPv6 address have a size of 128 bits. 

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Q:

1st January 2018 was a Monday. Which of the following years will also start on a Monday?

A) 2024 B) 2023
C) 2020 D) 2022
 
Answer & Explanation Answer: A) 2024

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

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Q:

The conspicuous role of Gandhi is that of a--

A) father B) reformer
C) teacher D) liberator
 
Answer & Explanation Answer: B) reformer

Explanation:

The conspicuous role of Gandhi is that of a person who makes changes to something in order to improve it.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams

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Q:

Oligopolistic industries are characterized by

A) a few dominant firms and no barriers to entry B) a large number of firms and low entry barriers
C) a few dominant firms and substantial entry barriers D) a few dominant firms and low entry barriers
 
Answer & Explanation Answer: C) a few dominant firms and substantial entry barriers

Explanation:

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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