4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Select the figure that does not belong in the following group.

A) D	B) B
C) C	D) A

Answer & Explanation Answer: C) C

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

2 24526

Q:

The following equation is incorrect. Which two signs should be interchanged to correct the equation?

1 ÷ 14 x 30 + 20 - 10 = 12

A) - and +	B) ÷ and x
C) x and -	D) + and ÷

Answer & Explanation Answer: D) + and ÷

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

0 24519

Q:

The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit ?

A) Rs. 660	B) Rs. 560
C) Rs. 1060	D) Rs. 960

Answer & Explanation Answer: D) Rs. 960

Explanation:

Let C.P. = Rs. C.
Then, 832 - C = C - 448
2C = 1280 => C = 640
Required S.P. = 150% of Rs. 640 = 150/100 x 640 = Rs. 960.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

48 24477

Q:

In the following question, select the related letter/letters from the given alternatives.

BCE : IJL : : CDF : ?

A) KLN	B) JKM
C) JLN	D) KMN

Answer & Explanation Answer: B) JKM

Explanation:

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Filed Under: Analogy
Exam Prep: Bank Exams

0 24464

Q:

What is considered the most important fundamental principle of Jainism?

A) Karma	B) Non-violence
C) Dispassion (Virag)	D) Loyalty

Answer & Explanation Answer: B) Non-violence

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 24463

Q:

If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years ?

A) 3387.42	B) 4387.42
C) 5387.42	D) 6387.42

Answer & Explanation Answer: C) 5387.42

Explanation:

The mathematical formula for calculating compound interest depends on several factors. These factors include the amount of money deposited called the principal, the annual interest rate (in decimal form), the number of times the money is compounded per year, and the number of years the money is left in the bank.

$F V = p {(1 + \frac{r}{n})}^{n t}$

FV = Future value of the Deposit

p = Principal or Amount of Money deposited

r = Annual Interest Rate (in decimal form )

n = No of times compounded per year

t = time in years

$F V = 4000 {[1 + \frac{0.06}{4}]}^{4 (5)}$ = 5387.42

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

21 24447

Q:

In the following question, select the odd letter/letters from the given alternatives.

A) GEC	B) NLJ
C) OMK	D) YWN

Answer & Explanation Answer: D) YWN

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

1 24433

Q:

Select the odd figure out of the given figure series.

A) Tortoise	B) Crab
C) Frog	D) Fish

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