Bank Exams Questions

Q:

Largest Mint in India is at

A) Mumbai B) Hyderabad
C) Noida D) Kolkata
 
Answer & Explanation Answer: D) Kolkata

Explanation:

The Largest Mint in India is Kolkata Mint.

 

Government of India operates 4 Mints in the country for the production of Coins. They are at

      • Hyderabad, Telangana
      • Mumbai, Maharashtra
      • Kolkata, West Bengal
      • Noida, Uttar Pradesh. 
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Filed Under: Famous Places
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Analyst

17 6506
Q:

Solve this number puzzle?

Number_puzzle_41538031779.jpg image

A) 111 B) 121
C) 1111 D) 0
 
Answer & Explanation Answer: B) 121

Explanation:

Given 

1 = 1 => 1 x 11 = 11

2 = 22 => 2 x 11 = 22

3 = 33 => 3 x 11 = 33

...

...

Similarly,

11 => 11 x 11 = 121.

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16 6505
Q:

The difference between the compound interest and simple interest on an amount of Rs.15000 for two years is Rs.96. what is the rate of interest per annum

A) 8 B) 10
C) 12 D) 13
 
Answer & Explanation Answer: A) 8

Explanation:

[15000 *(1+r/100)^2-15000]-(15000*r*2)/100=96

r=8

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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2 6503
Q:

Car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.   What is the total cost of the car?

A) 30.240 B) 31.240
C) 33.240 D) 32,240
 
Answer & Explanation Answer: D) 32,240

Explanation:

Total cost = deposit + instalment amount × number of instalments

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

2 6501
Q:

Read the following paragraph and answer the question based on it.

 

The ongoing progress in technologies continue to throw up fresh risks related to data privacy nd security. There can be no true progress in technologies without such risks. The IT industries need to be equipped to handle such risks.

 

Which option relates best to the above statement ?

 

A) True progress in technology involves some risks too B) IT industries are not equipped to handle such threats
C) Progress must be free of risks and threats D) Data privacy and security is not important to the IT industries
 
Answer & Explanation Answer: A) True progress in technology involves some risks too

Explanation:
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2 6500
Q:

Statements : Government has spoiled many top ranking financial institutions by appointing bureaucrats as Directors of these institutions.

Conclusions :

a) Government should appoint Directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
b) The Director of the financial institute should have expertise commensurate with the financial work carried out by the institute.

A) Only a follows B) Only b follows
C) Both a & b follows D) Neither a nor b follows
 
Answer & Explanation Answer: C) Both a & b follows

Explanation:

According to the statement, Government has spoiled financial institutions by appointing bureaucrats as Directors. This means that only those persons should be appointed as Directors who are experts in finance and are acquainted with the financial work of the institute. So, both a and b follows.

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Filed Under: Statement and Conclusions
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2 6499
Q:

India’s first and longest sea ropeway will be built between which places, as announced on 24 April 2017  ?

A) Mumbai & Elephanta Island B) Vizag & Andaman
C) Goa & Andaman D) None
 
Answer & Explanation Answer: A) Mumbai & Elephanta Island

Explanation:

India’s first and longest ropeway to connect Mumbai with the famous Elephanta Island in the Arabian Sea is planned to be constructed by the Mumbai Port Trust, according to the official report.

 The 8-km ropeway will begin from Sewri in Mumbai’s east coast and end at Raigad district’s Elephanta Island, globally renowned for Elephanta Caves, a UNESCO World Heritage site.

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Filed Under: Longest, Shortest, Deepest
Exam Prep: Bank Exams , CAT
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23 6492
Q:

Which type of forests occupies the highest percentage of area in India  ?

A) Savanna & desert vegetation B) Tropical deciduous
C) Tropical Rainforests D) Equatorial evergreen
 
Answer & Explanation Answer: B) Tropical deciduous

Explanation:

Tropical Deciduous Forests: They are also called the “Monsoon forests”. They grow in the areas with annual rainfall of 70-200 cm. Sandal wood, Shisam, Mahua, Sal, Teak and Bamboo are important species of trees. Moist deciduous and the dry deciduous forests are two major categories of these forests.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
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32 6492