Bank Exams Questions

Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In each of the following questions, two statements numbered I and II are given. These may to cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in each question and mark your answer as:

Statements:
I. The university has instructed al the colleges under its jurisdiction to ban use of mobile phones inside the college premises.
II. Majority of the teachers of the colleges signed a joint petition to the university complaining the disturbances.

A) If statement I is the cause and II is its effect. B) If statement II is the cause and I is its effect.
C) If both the statements I and II are independent causes. D) If both the statements I and II are effects of independent causes.
 
Answer & Explanation Answer: B) If statement II is the cause and I is its effect.

Explanation:

Majority of the teachers of the colleges signed a joint petition to the university complaining the disturbances.

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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

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Q:

IMF has predicted that the global economy would grow at _______ % in 2017.

A) 5.5 B) 4.5
C) 3.5 D) 2.5
 
Answer & Explanation Answer: C) 3.5

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A word is represented by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first  by its row and next by its column ,for example 'B' can be represented by 21,42 etc and '0' can be represented by 95,89 etc. similarly,you have to identify the set for the word ''YUCK''.

A) 42,97,30,59 B) 40,97,40,55
C) 65,59,20,12 D) 13,69,24,99
 
Answer & Explanation Answer: C) 65,59,20,12

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

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Q:

AD is the Median of Δ ABC. If O is the centroid and AO = 10 cm then OD is

A) 5 cm B) 20 cm
C) 10 cm D) 30 cm
 
Answer & Explanation Answer: A) 5 cm

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

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Q:

The line graph shows the number of deaths due to rail accidents in a certain state. Study the graph and answer the question.


If on an average Rs 5 lakhs was paid as insurance for each death due to a rail accident, then how much insurance was paid (in Rs crore) in the year 2014 ?

A) 225 B) 275
C) 125 D) 175
 
Answer & Explanation Answer: D) 175

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Filed Under: Line Charts
Exam Prep: Bank Exams

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Q:

The bar graph shows average marks scored in a 100 marks Maths exam by students of 7 divisions of Standard X. Study the diagram and answer the following questions.

Average marks of division C were lesser than that of division E by _________

A) 10% B) 5%
C) 6.67% D) 7.77%
 
Answer & Explanation Answer: C) 6.67%

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Filed Under: Bar Charts
Exam Prep: Bank Exams

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