Bank Exams Questions

Q:

Waksman got the noble prize for the discovery of

A) Streptomycin B) Chloromycetin
C) Pencillin D) Neomycin
 
Answer & Explanation Answer: A) Streptomycin

Explanation:

In 1952, Waksman was awarded the Nobel Prize in Physiology or Medicine in recognition "for his discovery of streptomycin," the first antibiotic active against tuberculosis.

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Filed Under: Famous Personalities
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Jio is a big shot at reducing the cost of Internet access in India. The U.S., despite being the richest country in the world, lags far behind in terms of cost and penetration of Internet access. Cheap access to the Internet is an important step in bridging the access gap – access to good education, good healthcare, etc. But the market reaction to Jio is similar to the U.S. market’s reaction to firms announcing their intention to diversify.

(A) The final group of losers is the current shareholders of RIL. On announcement of Jio, the stock price of RIL fell.

(B) It shows that the market’s short-term reaction is usually proven correct in the long-run.

(C) On losing end, the first groups of losers are the shareholders of other telecom companies.

(D) The large amount of revenue the Government of India gets from auctioning off the nation’s natural resources is not necessarily a good thing because the Government does not have a stellar track record when it comes to spending the money. A large fraction of Government spending is wasted.

(E) The second loser is the Government of India. The big money the Indian Government was raking in selling cellular bandwidth was actually coming from the pockets of the cellular consumers. 

(F) The first obvious winners of this scheme are customers.

(G) The second winner is Mr. Ambani; he can potentially make a lasting impact as the man who brought Internet to millions of Indians.

 

Question:

Which of the following supports the decision of other companies opposing Reliance JIO Scheme?

A) Only A B) Both A & B
C) Only C D) Both C & E
 
Answer & Explanation Answer: D) Both C & E

Explanation:

As the arguments C and E states that other companies are on the losing end with this scheme, it is the only appropriate answer to this question.

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Q:

Other things the same, when the interest rate rises 

A) people would want to lend less, making the supply of loanable funds decrease. B) people would want to lend less, making the quantity of loanable funds supplied decrease.
C) people would want to lend more, making the supply of loanable funds increase. D) people would want to lend more, making the quantity of loanable funds supplied increase.
 
Answer & Explanation Answer: D) people would want to lend more, making the quantity of loanable funds supplied increase.

Explanation:

Other things the same, when the interest rate rises people would want to lend more, making the quantity of loanable funds supplied increase.

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Filed Under: Accounts Receivable
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

In the following question, out of the four alternatives, choose the word which best expresses the meaning of the given word and click the button corresponding to it.

DEVASTATION

A)  DESTRUCTION B)  CONSTRUCTION
C) SEPARATION D) FRUSTRATION
 
Answer & Explanation Answer: A)  DESTRUCTION

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the given figure, SX is tangent. SX = OX = OR. If QX = 3 cm and PQ = 9 cm, then what is the value (in cm) of OS?

A) 6 B) 5
C) 4 D) 3
 
Answer & Explanation Answer: D) 3

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

The pie chart given below shows the runs scored by a player against 6 different countries. The total runs scored by the player against these countries are 1600.

Difference between the total runs scored against Australia and New Zealand and the total runs scored against Sri Lanka and Pakistan make what sectorial angle (in degrees) in the pie chart?

A) 90 B) 144
C) 36 D) 72
 
Answer & Explanation Answer: D) 72

Explanation:
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Filed Under: Pie Charts
Exam Prep: Bank Exams

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Q:

When backed by buying, power wants become

A) demands B) physical needs
C) exchanges D) social needs
 
Answer & Explanation Answer: A) demands

Explanation:

When backed by buying, power wants become demands. 

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Filed Under: Marketing and Sales
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Q:

Which of the following represents a positive economic statement?

A) The government should extend unemployment benefits. B) The unemployment rate is too high.
C) Taxes should not be increased since that will lower spending. D) The unemployment rate is 4.8 percent.
 
Answer & Explanation Answer: D) The unemployment rate is 4.8 percent.

Explanation:
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Filed Under: Indian Economy
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