Bank Exams Questions

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
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Q:

Rajan walks 24 metres towards east. Then turns right and walk another 24 metres. Then turn right and walks for 31 metres to reach shop A. He again turns to his right and walks for 24 metres. What is the straight line distance (in metres) between the starting point and shop A?

A) 14√2 B) 15√2
C) 25 D) 26
 
Answer & Explanation Answer: C) 25

Explanation:
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Filed Under: Direction Sense Test
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Q:

Assuming that the numbers in each of the following figures follow a similar pattern, select the option that can replace the question mark in figure B.

 

 

A) 142   B) 127
C) 128 D) 136
 
Answer & Explanation Answer: A) 142  

Explanation:
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Filed Under: Problems on Numbers
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Q:

The bar chart represents marks of four students S1, S2, S3 and S4 in Physics and Chemistry. Consider the bar chart and answer questions based on it.

What is the ratio of marks obtained in Physics of S3 to that of S1?

A) 11/19 B) 15/19
C) 13/19 D) 17/19
 
Answer & Explanation Answer: B) 15/19

Explanation:
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Filed Under: Bar Charts
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Q:

Consider the given question and decide which of the following statements is sufficient to answer the question.

 

X took a loan from Y on compound interest. Find the rate per annum?

 

Statements :

1. After 3 years, X paid Rs. 500 as interest

2. After 3 years, X paid Rs. 1500 to clear his loan with Y.

 

A) 2 alone is sufficient while 1 alone is not sufficient to answer the question B) 1 alone is sufficient while 2 alone is not sufficient to answer the question
C) Both 1 and 2 are sufficient to answer the question D) Either 1 or 2 is sufficient to answer the question
 
Answer & Explanation Answer: D) Either 1 or 2 is sufficient to answer the question

Explanation:
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Filed Under: Statement and Conclusions
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Q:

Below are given statements followed by some conclusions. You have to take the given statements to be true even if they seem to be at variance with the commonly known facts.

 

Statements :
1) Beacuse of motor vehicles like cars, pollution has increased manifold.
2) Resiratory diseases are increasing due to pollution.

 

Conclusions :
1) If cars were not there pollution would be nil.
2) Doctors earn a lot due tgo pollution.

 

Decide which of the given conclusions logically follows from the given statements.

 

 

A) Either 1or 2 follow B) Neither 1 nor 2 follow
C) Only conclusion 1 follows D) Only conclusion 2 follows
 
Answer & Explanation Answer: B) Neither 1 nor 2 follow

Explanation:
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Q:

The question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.
Statement:

Should women be allowed into combat arms if they meet all standards?
Arguments:
I. Yes, women have already proven competence in combat – they have already been exposed to combat in Iraq and Afghanistan, so it makes no sense to officially continue excluding them.
II. No, the average female is physically weaker than the average male.

A) Only argument I is strong B) Only argument II is strong
C) Either I or II is strong D) Neither I nor II is strong and
 
Answer & Explanation Answer: A) Only argument I is strong

Explanation:

Argument I is strong as it gives a proper reason as to why women should be included in combat arms – because they have already worked in this area in Iraq and other places and so it makes sense to include them officially. Argument II is weak because it talks about a general scenario in comparing an average female with an average male.
However, what if a woman with exceptional athletic ability and toughness can meet and even exceed the standards currently set for male troops, on what basis should she be denied entry into combat arms? Therefore, option 1 is the correct answer.

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Q:

A piece of paper is folded and punched as shown below in the question figures. From the given answer figures, indicate how it will appear when opened?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: Paper Cutting
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