Bank Exams Questions

Q:

Determine the nominal rate of interest if:

The periodic rate is 0.83% per month

A) 7% B) 8%
C) 9% D) 10%
 
Answer & Explanation Answer: D) 10%

Explanation:

j=mi

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Filed Under: Compound Interest
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Q:

Who of the following was a contemporary of Gautama Buddha?

A) Bhadrabahu B) Chandragupta Maurya
C) Parsvanath D) Vardhaman Mahavira
 
Answer & Explanation Answer: D) Vardhaman Mahavira

Explanation:

Vardhamana Mahavira, also known as Mahavira, was the twenty-fourth tirthankara who revived Jainism.

 

Who_of_the_following_was_a_contemporary_of_Gautama_Buddha1558589020.jpg image

 

Both Mahavira and Gauthama Buddha are contemporary to each other as they propound their religions Jainism and Buddhism in India.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Vaccination against which disease was conducted recently as a National Vaccination Day?

 

 

A) Polio B) Cholera
C) Malaria D) Tuberculosis
 
Answer & Explanation Answer: A) Polio

Explanation:
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Filed Under: Biology
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Q:

One side of a rectangular field is 15m and one of its diagonal is 17m. Find the area of field?

A) 110 B) 120
C) 130 D) 140
 
Answer & Explanation Answer: B) 120

Explanation:

Other side = [(17 x 17) - (15 x 15)] = (289 - 225) = 8m
Area = 15 x 8 =120 sq. m

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Filed Under: Area
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Q:

If the Distance-Time graph is a curve then it represents _______________.

 

A) uniform speed   B) constant displacement  
C) uniform momentum   D) non-uniform speed
 
Answer & Explanation Answer: B) constant displacement  

Explanation:
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Filed Under: Physics
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Q:

Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?

 

A) It is a marketable security. B) It experiences price changes throughout the day.
C) It typically has lower daily liquidity and higher fees than mutual fund shares. D) An ETF does not have its net asset value calculated once at the end of every day.
 
Answer & Explanation Answer: C) It typically has lower daily liquidity and higher fees than mutual fund shares.

Explanation:

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.

•Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

•ETFs experience price changes throughout the day as they are bought and sold.

•ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

 

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Filed Under: Indian Economy
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Q:

The Gram Panchayat is composed of which of the following?

I. The ward panchs

II. The sarpanch

III. The district collector

 

A) Only I B) Only II
C) Only I and II D) All I, II and III
 
Answer & Explanation Answer: C) Only I and II

Explanation:
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Filed Under: Indian Politics
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Q:

_______contributes towards global warming so it is called a greenhouse gas.

 

A) Oxygen B) Nitrogen
C) Hydrogen D) Methane
 
Answer & Explanation Answer: D) Methane

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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