Bank Exams Questions

Q:

Who won the Nobel Peace Prize in 1993?

A) Mother Teresa B) Nelson Mandela
C) C.V. Raman D) All of the above
 
Answer & Explanation Answer: B) Nelson Mandela

Explanation:

Nelson Mandela and Frederik Willem de Klerk has won the Nobel Peace Prize in 1993 for their work for the peaceful termination of the apartheid regime, and for laying the foundations for a new democratic South Africa.

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Q:

Demand side market failures occur when

A) supply curves do not reflect the full cost of producing a good or services B) demand curves do not reflect consumer’s full willingness to pay for goods or services
C) government imposes tax on a good or a service D) a good or service is not produced because no one demands it
 
Answer & Explanation Answer: B) demand curves do not reflect consumer’s full willingness to pay for goods or services

Explanation:

Market failure arises because it is not possible for the market to correctly weight cost and benefits in a situation in which some of the cost is completely unaccounted.

Demand-side market failures happen when demand curves do not reflect consumer’s full willingness to pay for goods or services.

Supply-side market failures occur when supply curves do not reflect the full cost of producing a good or services.

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Filed Under: Marketing and Sales
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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.


Ants have been living on the earth for more than 100 million years and can be found almost anywhere on the planet. It is estimated that there are about 20000 different species of ants. For this reason ants have been called Earth's most successful species. If you watch ants for any length of time you will see that they really do communicate with each other and very effectively too. Ants communicate by touching each other with their antennae. Ants also use chemicals called pheromones to leave scent trails for other ants to follow. Ants build many different types of homes. Many ants build simple little mounds out of dirt or sand. Other ants use small sticks mixed with dirt and sand to make a stronger mound that offers protection from rain. Western Harvester ants make a small mound on top, but then tunnels up to 15 feet straight down to hibernate during winter. Ant mounds consist of many chambers connected by tunnels. Different chambers are used for nurseries, food storage, and resting places for the worker ants. Some ants live in wood like termites. Army ants don't make a home at all but travel in a large groups searching for food. Ants are social insects which means they live in large colonies or groups. Some colonies consist of millions of ants. There are three types of ants in each species, the queen, the sterile female workers and males. The male ants only serve one purpose, to mate with future queen ants and do not live very long. The queen grows to adulthood, mates, and then spends rest of her life laying eggs. A colony may have only one queen, or there may be many queens depending on the species. Ants go through four stages of development: egg, larva, pupa and adult.

 

Antennae are used by ants to

A) leave a trail for other ants B) communicate
C) find direction D)  touch and feel each other
 
Answer & Explanation Answer: B) communicate

Explanation:
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Q:

A passage is given with five questions following it. Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

Just as space permeates everything in the universe, love permeates every part, every aspect of creation. If there is one answer to the question, “How and why does this world exist?” the answer, in one word, is ‘Love’. Rather, the answer is ‘Pure Love’, since the word ‘love’ has lost its meaning.

Your very existence is an expression of pure unconditional love of the Source (you may call it Consciousness, Creator, God, Divine Self). This is the truth of your being. True love transcends both love and hatred. It is unconditional, unquestioning, boundless, unchanging love. It is overflowing love of the Source for the Source through all of creation.

True love is way beyond the personalized love that two or more individuals assert on one another. Personalized love, though apparently selfless, is rooted in desires and conditional satisfaction.

We have been brought up in a society that judges love based on conditions. We have been made to believe that we can receive love only when we fit into people’s expectations. If we are not good enough, we will be deprived of love.

These beliefs have influenced the collective psyche of families, groups, communities, and societies since generations to such an extent that love has been reduced to fear of denial.

We need to shift from the paradigm of false conditional love to the essence of pure unconditional love .

The experience of true love comes with surrender of the false ‘I’, in letting go of the feeling of separateness. Without this sacrifice, it is not possible to attain divine love. When this separate ‘I’ is discarded, you embrace everything in oneness and catch a glimpse of pure love.

True love can be experienced only through giving, not by demanding. People who exist in your life are not here to love you. They are here to remind you that you are the Source of Love.

By knowing that you are the Source of love, you can love yourself, instead of waiting to receive love from the world. Ask yourself, “Why do I need an agent to love myself?” Waiting for the world to love you, is like hiring an agent to love yourself!

It is time for you to honor yourself as the Source of love. You have undertaken this human journey to realize and express the boundless love that you truly are.

 

What can be the suitable title to the passage ?

A) Understanding the true love B) Conditional love
C) Role of ‘1’ in love D) Selflessness
 
Answer & Explanation Answer: A) Understanding the true love

Explanation:
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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.


Modern civilisation is completely dependent on energy, which has therefore to be abundant and also economical. About 85% of the world's energy is supplied by oil, coal and natural gas while nuclear, hydro, wind and solar power and biomass supply the rest. Coal, nuclear and hydro are used primarily to generate electricity while natural gas is widely used for heating. Biomass is used both for heating and cooking. The wind and solar power is the future's hope as they are sustainable energy sources. Oil powers almost all machines that move and that makes oil uniquely versatile. Oil powered airplanes carry 500 people across the widest oceans at nearly the speed of sound. Oil powered machines produce and transport food. Oil powered machines are ubiquitous. Clearly, we live in the age of oil but it is drawing to a close. According to data available if oil production remains constant until it's gone, there is enough to last 42 years. Oil wells will produce less as they become depleted, which will make it impossible to keep production constant. Similarly natural gas and coal will last another 61 years and 133 years respectively. Naturally, as they become scarce, they become expensive, leading to a worldwide energy crisis. If we are to survive on this planet, we have to make a transition to sustainable energy sources. The transition may be willy-nilly or planned - the choice is ours.

The dawning era of limited and expensive energy will be very difficult for everyone on earth but will be even more difficult if it is not anticipated. It is of utmost importance that the public and policymakers understand the global energy crisis and act in tandem to ensure that the species 'homo sapiens' does not become extinct.

The survival of mankind will depend on

A) maximum use of available energy resources B) transition to sustainable energy resources
C) regulation placed on energy consumers D) keeping the level of energy production constant
 
Answer & Explanation Answer: B) transition to sustainable energy resources

Explanation:
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Q:

The word 'Satyameva Jayate' have been derived from which Upanishad?

A) Akshi Upanishad B) Mundaka Upanishad
C) Garuda Upanishad D) Mahavakya Upanishad
 
Answer & Explanation Answer: B) Mundaka Upanishad

Explanation:
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Filed Under: Indian History
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Q:

In a trapezium ABCD, AB || CD, AB < CD, CD = 6 cm and distance between the parallel sides is 4 cm. If the area of ABCD is 16 sq.cm, then AB is

A) 1 cm B) 3 cm
C) 2 cm D) 8 cm
 
Answer & Explanation Answer: C) 2 cm

Explanation:
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Filed Under: Area
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Q:

According to World Economic Forum Global Gender Gap Report 2017, Indian has closed ______ percentage of its gender gap.

A) 39 B) 67
C) 53 D) 91
 
Answer & Explanation Answer: B) 67

Explanation:
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Filed Under: Indian Economy
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