Bank Exams Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The length of the diameter of the circle is 10 cm and length of the chord drawn in a circle is 6 cm. Find the distance (in cm) of chord from the center.

 

A) 10 B) 8
C) 6 D) 4
 
Answer & Explanation Answer: D) 4

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

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Q:

Which Indian player won the Yonex US Open Badminton Tournament in 2017?

A) Srikanth Kidambi B) HS Prannoy
C) Sameer Varma D) Ajay Jayaram
 
Answer & Explanation Answer: B) HS Prannoy

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

 On 2 January 2018, Parliament Passed Insolvency and Bankruptcy Code (IBC) amendment Bill, 2017. The Bill seeks to amend ______.

A) IBC, 2015 B) IBC, 2016
C) IBC, 2014 D) IBC, 2013
 
Answer & Explanation Answer: B) IBC, 2016

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: One’s language fluency is determined by the quality of reading.
Q: In all cultures and civilizations, much stress is laid on reading but, in the modern times, this activity is being ignored.
R: Reading is an essential basic skills building activity.
S: Besides, vocabulary enrichment, ideas collection, familiarization with different types of writing formats, speaking fluency, etc, all depend upon reading.

A) RSPQ B) QRPS
C) PQRS D) RPSQ
 
Answer & Explanation Answer: D) RPSQ

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Filed Under: English
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Q:

The perimeter and the breadth of a rectangle are 46 cm and 8 cm respectively. Calculate the length of its diagonal (in cm).

 

A) 17   B) 34
C)  15     D) 30
 
Answer & Explanation Answer: A) 17  

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Filed Under: Area
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Q:

Present age of Ashok is twice the present age of Kishan. After 7 years the Kishan’s age will be 4 times of the Kartik’s present age. If Kartik celebrated his 9th birthday 3 years ago, then what will be the present age (in years) of Ashok?

 

A) 82   B) 78  
C) 72   D) 84
 
Answer & Explanation Answer: A) 82  

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

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