Bank Exams Questions

Q:

In which atmospheric layer are the communication satellites located?

A) Thermosphere B) Troposphere
C) Mesosphere D) Stratosphere
 
Answer & Explanation Answer: A) Thermosphere

Explanation:

In terms of the Earth's atmosphere, they occupy regions called the thermosphere and the exosphere. The layer through which a satellite orbits depends on the satellite's function and the kind of orbit it has.

 

The thermosphere is a region of very high temperature that extends from the top of the mesosphere at around 85 kilometers (53 miles) up to 640 kilometers (400 miles) above the Earth's surface. It is called the thermosphere because temperatures can reach up to 1,500 degrees Celsius (2,732 degrees Fahrenheit).

 

However, despite the high temperatures, the pressure is very low, so satellites don't suffer heat damage.

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Q:

What is the India’s rank in the 2017 global Multi-dimensional Poverty Index (MPI)  ?

A) 38th B) 37th
C) 36th D) 35th
 
Answer & Explanation Answer: B) 37th

Explanation:

India has been ranked 37th out of 103 nations in the 2017 global Multi-dimensional Poverty Index (MPI), according to a new report by the Oxford Poverty & Human Development Initiative. The OPHI is an economic research centre at the Oxford University, led by Professor Sabina Alkire. The 2017 global MPI has covered 76% of the world’s population, living in 103 countries. The index measures the nature and intensity of poverty, based on the profile of overlapping deprivations each poor person experiences. It aggregates these into meaningful indexes that can be used to inform targeting and resource allocation and to design policies that tackle the interlinked dimensions of poverty together.

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Q:

The probability that a number selected at random from the first 100 natural numbers is a composite number is  ?

A) 3/2 B) 2/3
C) 1/2 D) 34/7
 
Answer & Explanation Answer: A) 3/2

Explanation:

The number of exhaustive events = 100 C₁ = 100.

We have 25 primes from 1 to 100.

Number of favourable cases are 75.

Required probability = 75/50 = 3/2.

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Q:

Wince : Pain :: Prostration : ?

A) Frustration B) Submissiveness
C) Strained D) Discomfiture
 
Answer & Explanation Answer: B) Submissiveness

Explanation:

First is the sigh of the second.

Hence, Wince : Pain :: Prostration :Submissiveness.

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Q:

What is the oxidation number of carbon in NaHCO3?

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

Explanation:

The given compound is NaHCO3 Sodium bicarbonate which is commonly known as Baking soda.

Oxidation numbers are the charges on ions. When a neutral atom loses electrons it becomes positively charged. When a neutral atom gains electrons it becomes negatively charged.

 

Here the C represents the oxidation state of carbon in this compound. Compounds are electrically neutral, which is why we set the sum of the oxidation states equal to zero.

Sodium has a +1 oxidation state. Hydrogen has a +1 oxidation state. Oxygen has a -2 oxidation state. There are three oxygen atoms, which means the total oxidation state provided by both oxygen ions is -6. Adding up these oxidation states we get:

1 + 1 + (-6) + C = 0

-4 + C = 0

=> C = 4


This means the oxidation state of carbon in this compound is +4.

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Q:

Ammeter : Current :: Odometer : ?

A) Blood Pressure B) Haemoglobin
C) pressure D) Speed
 
Answer & Explanation Answer: D) Speed

Explanation:

Here Ammeter is used for measuring Current whereas Odometer is used to measure Speed.

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Q:

A chartered bank offers a five-year Escalator Guaranteed Investment Certificate.In successive years it pays annual interest rates of 4%, 4.5%, 5%, 5.5%, and 6%, respectively, compounded at the end of each year. The bank also offers regular five-year GICs paying a fixed rate of 5% compounded annually. Calculate and compare the maturity values of $1000 invested in each type of GIC. (Note that 5% is the average of the five successive one-year rates paid on the Escalator GIC.)

A) 1276.28 B) 1234
C) 1278 D) 1256
 
Answer & Explanation Answer: A) 1276.28

Explanation:

FV = $1000(1.04)(1.045)(1.05)(1.055)(1.06) = $1276.14

 the maturity value of the regular GIC is

 

 FV = $ 1000 x 1.055=  $1276.28

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Q:

54, 60  LCM is

A) 600 B) 540
C) 60 D) 54
 
Answer & Explanation Answer: B) 540

Explanation:

Here the LCM of 54, 60 is

 

=> 2 x 3 x 3 x 3 x 10

= 6 x 9 x 10

= 54 x 10

540.

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