4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Refer the below data table and answer the following question.

Steel was what percent of total exports?

A) 24.44 percent	B) 21.94 percent
C) 19.44 percent	D) 16.94 percent

Answer & Explanation Answer: C) 19.44 percent

Explanation:

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Filed Under: Table Charts
Exam Prep: Bank Exams

0 11795

Q:

Financial management process deals with

A) Financing decisions	B) Investments
C) Both A & B	D) None of the above

Answer & Explanation Answer: A) Financing decisions

Explanation:

Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management.

Hence, it deals with Financial decisions.

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

15 11780

Q:

The LCM of 15, 18 and 24 is

A) 360	B) 6
C) 3	D) 540

Answer & Explanation Answer: A) 360

Explanation:

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Filed Under: HCF and LCM
Exam Prep: Bank Exams

7 11772

Q:

In a purse there are 30 coins, twenty one-rupee and remaining 50-paise coins. Eleven coins are picked simultaneously at random and are placed in a box. If a coin is now picked from the box, find the probability of it being a rupee coin?

A) 4/7	B) 2/3
C) 1/2	D) 5/6

Answer & Explanation Answer: B) 2/3

Explanation:

Total coins 30

In that,

1 rupee coins 20

50 paise coins 10

Probability of total 1 rupee coins = 20C11

Probability that 11 coins are picked = 30C11

Required probability of a coin now picked from the box is 1 rupee = 20C11/30C11 = 2/3.

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

17 11761

Q:

Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received Rs.550 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received Rs.605 as interest. What was the value of his total savings before investing in thesetwo bonds?

A) Rs.2543	B) Rs.2534
C) Rs.2546	D) Rs.2750

Answer & Explanation Answer: D) Rs.2750

Explanation:

Shawn received an extra amount of (Rs.605 – Rs.550) Rs.55 on his compound interest paying bond as the interest that he received in the first year also earned interest in the second year.

The extra interest earned on the compound interest bond = Rs.55

The interest for the first year =550/2 = Rs.275

Therefore, the rate of interest = $\frac{55}{275} * 100$ = 20% p.a.

20% interest means that Shawn received 20% of the amount he invested in the bonds as interest.

If 20% of his investment in one of the bonds = Rs.275, then his total investment in each of the bonds = $\frac{275}{20} * 100$ = 1375.

As he invested equal sums in both the bonds, his total savings before investing = 2 x 1375 =Rs.2750.

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

12 11759

Q:

A bar graph showing the heights of six mountain peaks. Study the bar graph and answer questions.

The average height of all the peaks (in meters) is

A) 7601.5	B) 7600
C) 7599.5	D) 7610

Answer & Explanation Answer: B) 7600

Explanation:

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Filed Under: Bar Charts
Exam Prep: Bank Exams

0 11755

Q:

Which of the statements given below are correct?

A) United Arab Emirates hosted the Tennis 2017 ATP World Tour Finals.

B) In 2017, Per Mertesacker captained the Premier League team Manchester United.

C) In 2017, Stephen Curry played for the NBA team Golden State Warriors.

A) Only A	B) Only B
C) Only C	D) A, B and C

Answer & Explanation Answer: C) Only C

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

2 11748

Q:

The given graph shows the distribution of minerals in the human body.

Based on the given data, what is the ratio of calcium to sodium found in the human body?

A) 4:1	B) 2:1
C) 3:1	D) 5:1

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