Bank Exams Questions

Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Filed Under: Indian Economy
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Q:

If Kamala is 50 m south-west of Neeta, and Rita is 50 m south-east of Neeta, then Rita is in which direction with respect to Kamala?

A) North-West B) East
C) West D) North-East
 
Answer & Explanation Answer: B) East

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Filed Under: Direction Sense Test
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Q:

Pick the odd one out from the following:

A) NaOH B) Cu(OH)2
C) NH4OH D) Zn(OH)2
 
Answer & Explanation Answer: A) NaOH

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Filed Under: Chemistry
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Q:

Who is the Bengali writer who won the 31st Moortidevi Award for the year 2017?

A) Joy Goswami B) Taslima Nasreen
C) Subhro Bandhopadhyay D) Baby Halder
 
Answer & Explanation Answer: A) Joy Goswami

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Filed Under: Honours and Awards
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Q:

A sum of Rs 5000 becomes Rs 8000 in 3 years, when invested in a scheme of simple interest. If the same sum is invested in a scheme of compound interest with same yearly interest rate (compounding of interest is yearly), then what will be the amount (in Rs) after 3 years?

 

A) 8640   B) 8260  
C) 8880   D) 9220
 
Answer & Explanation Answer: A) 8640  

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Filed Under: Compound Interest
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

This argument is completely ______________ and shows very little understanding ____________ education. The costs quoted for private schools, one, have no reliable source of data and, ______________, they discount two kinds of hidden costs — to the family and _____________ the nation. Often the cost of education in private schools is _________________ with the fee per child.

 

one, have no reliable source of data and, ______________, they discount two kinds of hidden costs

 

A) twice B) both
C) two D) secondly
 
Answer & Explanation Answer: C) two

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Filed Under: English
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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Filed Under: Indian Economy
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Q:

The effective annual rate of interest corresponding to a nominal rate of 7% per annum payable half­yearly is

A) 14 percent B) 14.25 percent
C) 7 percent D) 7.12 percent
 
Answer & Explanation Answer: D) 7.12 percent

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Filed Under: Simple Interest
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