Bank Exams Questions

Q:

A large underground economy results in an

A) Understated GDP price index B) Understated GDP
C) Overstated GDP D) Overstated GDP price index
 
Answer & Explanation Answer: C) Overstated GDP

Explanation:

A large underground economy results in an Overstated GDP. The underground economy is also called as Black market. It refers to illegal economic activity. Transactions in the underground economy are illegal either because the good or service being traded is illegal or because an otherwise licit transaction does not comply with government reporting requirements.

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

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Q:

Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding __ from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.

A) 1 lakh B) 2 lakhs
C) 3 lakhs D) 4 lakhs
 
Answer & Explanation Answer: A) 1 lakh

Explanation:

Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year. 

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

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Q:

Loss of 20% on selling price is equal to x% loss in cost price. What is x?

A) 20% B) 20
C) 16 2/3% D) 16
 
Answer & Explanation Answer: C) 16 2/3%

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

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Q:

A race has three parts. The speed and time required to complete the individual parts for a runner is displayed on the following chart:
                       

                         Part I     Part II       Part III

Speed (kmph)       9            8              7.5

Time (minutes)     50          80             100

What is the average speed of this runner?

A) 8.17 kmph B) 8.00 kmph
C) 7.80 kmph D) 7.77 kmph
 
Answer & Explanation Answer: B) 8.00 kmph

Explanation:

Avg speed = Tot dist/Tot time = (45+64+75)/23 = 184/23

= 8 kmph
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Filed Under: Time and Distance
Exam Prep: Bank Exams

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Q:

If cot2A -­ cos2A = x, then value of x is

A) tan2Asec2A B) cotAcosA
C) cot2Acos2A D) tanAsecA
 
Answer & Explanation Answer: C) cot2Acos2A

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

Which of the following processes is endothermic?

A) Melting of ice B) Mixing of potassium chloride with water
C) Photosynthesis D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

The process which involves absorption of heat is endothermic.

Here given all the options are involving in absorption of heat. Hence, all the above are endithermic.

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

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Q:

What is the average of first 39 even numbers ?

A) 39 B) 40
C) 20 D) 68
 
Answer & Explanation Answer: B) 40

Explanation:
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Filed Under: Average
Exam Prep: Bank Exams

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Q:

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

A) 313 B) 426
C) 925 D) 1034
 
Answer & Explanation Answer: A) 313

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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