Bank Exams Questions

Q:

Which is not true of the Intertropical Convergence Zone?

A) It features heavy precipitation B) It's where the trade winds collide
C) It's a high-pressure zone with sinking air D) It is also known as the doldrums
 
Answer & Explanation Answer: C) It's a high-pressure zone with sinking air

Explanation:

The Inter-tropical convergence zone rather has rising air, with common thunderstorms and attendant precipitation and is known by seamen as the doldrums.

Inter-tropical convergence zone is where the trade winds collide.

 

Hence, it is not a high pressure zone with sinking air.

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Filed Under: General Awareness
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5 9705
Q:

In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2 years @ 3 ½ %  ?

A) 5.2 yrs B) 7 yrs
C) 7.9 yrs D) 6.3 yrs
 
Answer & Explanation Answer: D) 6.3 yrs

Explanation:

P = Rs. 900, R = 3 ½ % = 7/2 %, T = 2 years. 

Therefore, 

S.I. = PTR/100

S.I. = Rs. (900 x 7/2 x 2/100) = Rs. 63

Now, P = Rs. 200, S.I. = Rs. 63, R = 5 %

Time = ((100 x 63) / (200 x 5) ) years = 6.3 years.

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Filed Under: Simple Interest
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6 9703
Q:

The headquarters of the coffee board of India is

A) Bangalore B) Mysore
C) Chennai D) Hyderabad
 
Answer & Explanation Answer: A) Bangalore

Explanation:

The Coffee Board of India is an organisation managed by the Ministry of Commerce and Industry of the government of India to promote coffee production in India. The headquarters of the coffee board of India is located in Bangalore, Karnataka.

 

The Coffee Board of India was established by an act of Parliament in 1942.

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Filed Under: Indian Geography
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7 9702
Q:

In 1990 a person is 15 years old. In 2000 that same person is 5 years old. How can this be possible?

Answer

 It can be possible in only B.C. i.e, Before Christ. That was about 2000 years ago.


 Given, 


 In 1990 B.C = 2000 + 1990 = 3990 years ago, a person is 15 years Old  


=> In 1995 B.C = 2000 + 1995 = 3995 years ago, the same person will be 10 years Old 


Therefore, In 2000 B.C = 2000 + 2000 = 4000 years ago, the same person will be 5 years Old.

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48 9698
Q:

I can shave everyday but my beard will stay. who am I?

Answer

I am a Barber.

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Subject: Logic Puzzles Exam Prep: Bank Exams

59 9697
Q:

Who said 'Supply creates its own demand' ?

A) Marshall B) Ricardo
C) Adam Smith D) J. B. Say
 
Answer & Explanation Answer: D) J. B. Say

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
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15 9696
Q:

Contra-entries are passed only when

A) Simple cash book is prepared B) Double column cash book is prepared
C) Three column cash book is prepared D) None of the above
 
Answer & Explanation Answer: B) Double column cash book is prepared

Explanation:

Contra-entry is the entry which effected the both sides in cash book.

It is occured in three times, i.e.,

1.Cash deposited in to bank,

2.Cash withdrawn from the bank for office use, and

3.Receivable cheque deposited in to the bank in another day.

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Filed Under: Accounts Receivable
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15 9669
Q:

A Shepherd had n goats in the year 2000. In 2001 the no.of goats increased by 40% . In 2002 the no. of goats declined to 70%. In 2003 the no. of  goats grew by 30%. In 2004, he sold 10% goats, then he had only 34,398 goats. The percentage increase of the no.of goats in this duration was:

A) 14.66% B) 16.66%
C) 20% D) 33.33%
 
Answer & Explanation Answer: A) 14.66%

Explanation:

There is no need to use the no of goats i.e (34,398). let initially thete be 1000 goats then 

 

  1000 -----> 1400 -----> 980 -----> 1274 ----->1146.6

 

Thus the % increase = (1146.6-1000)/100 x 100= 14.66%

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Filed Under: Percentage
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7 9663