Bank Exams Questions

Q:

Consider the following statements about indifference curves:

1. Indifference curves are convex to the origin.

2. Higher indifference curve represents higher level of satisfaction.

3. Two indifference curves cut each other.Which of the statements given above is/are correct?

A) 1 only B) 1 and 2
C) 2 and 3 D) 3 only
 
Answer & Explanation Answer: B) 1 and 2

Explanation:

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Find the missing number in the following puzzle?

 

A) 86 B) 98
C) 104 D) 112
 
Answer & Explanation Answer: B) 98

Explanation:

Here the answer is 98.

 

The logic in the given puzzle:

2+3 = 8
3+7 = (7+2)x3 = 27
4+5 = (5+3)x4 = 32
5+8 = (8+4)x5 = 60
6+7 = (7+5)x6 = 72

Similarly,

7+8 = (8+6)x7 = 98.

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Filed Under: Math Puzzles
Exam Prep: Bank Exams

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Q:

How many bricks each measuring 25cm x 11.25cm x 6cm, will be needed to build a wall 8m x 6m x 22.5m

A) 5600 B) 600
C) 6400 D) 7200
 
Answer & Explanation Answer: C) 6400

Explanation:

No. of bricks= volume of the wall/volume of 1 brick

= (800 x 600 x 22.5) / (25 x 11.25 x 6) = 6400

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Select the related word/letters/number from the given alternatives.

 

LETTER : MFUUFS : : AHEAD : ?

A) BIFBE B) BIBFE
C) BFIBE D) BEFBE
 
Answer & Explanation Answer: A) BIFBE

Explanation:
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Filed Under: Analogy
Exam Prep: Bank Exams

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Q:

Consider the following statements:

1) An isosceles trapezium is always cyclic.

2) Any cyclic parallelogram is a rectangle.

Which of the above statements is/are correct?

A) 1 only B) 2 only
C) Both 1 and 2 D) Neither 1 nor 2
 
Answer & Explanation Answer: C) Both 1 and 2

Explanation:

Since it is an isosceles trapezium

So angle C = angle D = x

let A = 180 –D = 180 –x (since AB is parallel to CD)

B = 180-x

A+C = 180 –x + x = 180 degrees (Property of cyclic quadrilateral)

ABCD is cyclic parallelogram with AB // CD and AD // BC

Considering angles A = C = y (Property of parallelogram) and B=D = x Also since it is cyclic A+C = B+D = 180 degrees

So x=y=90 degrees And also opposite sides are equal being a parallelogram

Thus ABCD is a rectangle

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

Governance is concerned with

A) Ensuring that defined strategy is actually followed B) Reducing the total cost of providing services
C) Ensuring that agreed Service Level Requirements are met D) Measuring and improving the efficiency and effectiveness of processes
 
Answer & Explanation Answer: A) Ensuring that defined strategy is actually followed

Explanation:
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Filed Under: ITIL Certification
Exam Prep: Bank Exams

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Q:

In the following question, select the related word pair from the given alternatives.

 

Vehicle : Bus : : ? : ?

 

A) Car : Tyre B) Vegetable : Spinach
C) Road : Ship D) Vehicle : Run
 
Answer & Explanation Answer: B) Vegetable : Spinach

Explanation:
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Filed Under: Analogy
Exam Prep: Bank Exams

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Q:

Select the related letters from the given alternatives.

WTQ : DGJ :: NKH : ?

A) MPS B) LOR
C) NQT D) ORV
 
Answer & Explanation Answer: A) MPS

Explanation:
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Filed Under: Analogy
Exam Prep: Bank Exams

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