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Bank Exams Questions

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Q:

Which of the following is NOT correct?

 

A) Tenth Plan : 2002-07 B) Third Plan : 1966-71
C) First Plan : 1951-56 D) Sixth Plan : 1980-85
 
Answer & Explanation Answer: B) Third Plan : 1966-71

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

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Q:

$10,000 face value strip bond has 15 years remaining until maturity. If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond?

A) 1710.29 B) 2710.29
C) 3710.29 D) 4710.29
 
Answer & Explanation Answer: C) 3710.29

Explanation:

i=j/m

n =m(Term) = 2(15.5)  =31

Fair market value  Present value of the face value

 =FV(1+  i)^-n

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

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Q:

How can investors receive compounding returns?

A) By investing their earnings back into their original investment B) By diversifying their investment portfolio
C) By selecting a savings account that has a higher interest rate D) By transferring their earnings back into high-risk investment
 
Answer & Explanation Answer: A) By investing their earnings back into their original investment

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Filed Under: Bank Interview
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Read the following information and answer the following questions below.

 

Bindu is standing exactly in the middle of a line of girls. Asha is 6th to the left of Bindu and Ritu is 16th to Bindu's right.

 

What is Asha's position in the line ?

 

 

A) 22 B) 12
C) 18 D) 11
 
Answer & Explanation Answer: D) 11

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

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Q:

An assertion and a reason are given below.

 

Assertion : When velocity is kept constant and wavelength is halved, then the frequency is doubled.

 

Reason : Velocity = Frequency x Wavelength

 

Choose the answer.

 

A) Both Assertion and Reason are true and Reason is the correct explanation of Assertion B) Both Assertion and Reason are true but Reason is not the correct explanation of Assertion
C) Both Assertion and Reason are false D) Assertion is true but Reason is false
 
Answer & Explanation Answer: A) Both Assertion and Reason are true and Reason is the correct explanation of Assertion

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

Two cylindrical buckets have their diameters in the ratio 3:1 and their heights are as 1: 3. Find the ratio of their volumes.

A) 2:1 B) 3:1
C) 4:1 D) 5:1
 
Answer & Explanation Answer: B) 3:1

Explanation:

v1v2=r12×h1r22×h2 

 

d1 = 2r1 and d2 = 2r2 are diameters

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

 Former Minister Ashwani Kumar has been awarded as Order of Rising Sun by which country ?

A) India B) China
C) Iraq D) Japan
 
Answer & Explanation Answer: D) Japan

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

The slogan 'Garibi Hatao' or 'Garibi Unmulan' was given in which five year plan?

A) Second plan B) Fourth plan
C) Fifth plan D) Sixth plan
 
Answer & Explanation Answer: C) Fifth plan

Explanation:

Fifth Five Year Plan (1974–1978)

 

The Fifth Five-Year Plan laid stress on Employment, Poverty Alleviation (Garibi Hatao), and Justice. The plan also focused on self-reliance in agricultural production and defense.

 

In 1978 the newly elected Morarji Desai government rejected the plan.

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Filed Under: General Awareness
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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