Bank Exams Questions

Q:

Which is the best definition of Federalism?

A) Federalism encourages the practice of direct democracy at the state level rather than the national level. B) The quality of federal supremacy in government.
C) A happy combination of mixed government. D) Federalism enables the state and the national government to share power.
 
Answer & Explanation Answer: D) Federalism enables the state and the national government to share power.

Explanation:

Federalism ::

Federalism is a system based upon democratic rules and institutions in which the power to govern is shared between national and provincial/state governments, creating what is often called a federation.

 

Federalism is a political concept in which a group of members are bound together with a governing representative head. 

Federalism enables the state and the national government to share power.

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Filed Under: Indian Politics
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Q:

The most common economic system in the world is a

A) Mixed B) Command
C) Planned D) Market
 
Answer & Explanation Answer: A) Mixed

Explanation:

Mixed economy is the most common economic system in the world.

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Filed Under: Indian Economy
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Q:

In the following question, select the odd word from the given alternatives.

A) Music B) Singer
C) Director D) Actor
 
Answer & Explanation Answer: A) Music

Explanation:
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Filed Under: Odd Man Out
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Q:

If secA - tanA = x, then the value of x is

A) 1/(sec2A - tan2A) B) 1/(sec2A + tan2A)
C) 1/√[(sec2A - tan2A)] D) 1/(secA + tanA)
 
Answer & Explanation Answer: D) 1/(secA + tanA)

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

What does the APR on a credit card determine?

A) fee paid by bank for deposits B) fee paid for borrowing money
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) fee paid for borrowing money

Explanation:

A credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

APR1531898775.jpg image

Your APR is expressed in terms of a year, but credit card companies use it to calculate charges over your monthly statement period.

apr_(1)1531898786.jpg image

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Filed Under: Indian Economy
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Q:

Climatology is a subspecialty of

A) meteorology B) environmental science
C) oceanography D) marine biology
 
Answer & Explanation Answer: B) environmental science

Explanation:

Climatology is a study of climate which is subspecialty of environmental science studies.

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Filed Under: General Science
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Q:

Which best describes the structure of a DNA molecule?

A) A double helix B) A strand of nucleic acids
C) A single strand of amino acids D) A sugar ring
 
Answer & Explanation Answer: A) A double helix

Explanation:

DNA is not a single stranded and does not have amino acids. Hence options, b & C are eiminated. Dna is a double helix structure containing nucleobase—either cytosine (C), guanine (G), adenine (A), or thymine (T)—as well as a monosaccharide sugar called deoxyribose and a phosphate group. 

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Filed Under: Biology
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Q:

Statement: If the retired professors of the same institutes are also invited to deliberate on restructuring of the organization, their contribution may be beneficial to the institute.

Course of action:
a) Management may seek option of the employees before calling retired professors.
b) Management should involve experienced people for the systematic restructuring of the organization.

A) Only a follows B) Neither a nor b follows
C) Both a & b follows D) Only b follows
 
Answer & Explanation Answer: D) Only b follows

Explanation:

Valuable suggestion from the retired professors will be helpful for restructuring of an organisation. Hence, management should involve such experienced people. Seeking permission from the employees is not the right course of action.

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Filed Under: Statement and Courses of Action
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