Bank Exams Questions

Q:

As per the recommendations of the 12th Finance Commission, what will be the Share of the State Govts in total shareable proceeds of Central taxes?

A) 15% B) 20.5%
C) 22% D) 30.5%
 
Answer & Explanation Answer: D) 30.5%

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Which Bank has launched a Unified Integrated Application "YONO" (You Need Only One) that would offer all kinds of financial and lifestyle products?

A) SBI Bank B) ICICI Bank
C) IDBI Bank D) HDFC Bank
 
Answer & Explanation Answer: A) SBI Bank

Explanation:

State Bank of India, the country’s largest public sector bank, has launched a unified integrated app called YONO (You Need Only One) that would offer all kinds of financial and lifestyle products.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

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

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Q:

Select the odd character out of the following series.

 

 

 

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

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

Which of these fields was the lost generation associated with?

A) Movies B) Literature
C) Science D) Music
 
Answer & Explanation Answer: B) Literature

Explanation:

Lost Generation definition, the generation of men and women who came of age during or immediately following World War I.

"Literature" was the one field among the following choices given in the question that was associated with the "Lost Generation".

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

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Q:

In a bag, there are 8 red, 7 blue and 6 green flowers. One of the flower is picked up randomly. What is the probability that it is neither red nor green ?

A) 13

B)821

C)621

D)2021

A) Option A B) Option B
C) Option C D) Option D
 
Answer & Explanation Answer: A) Option A

Explanation:

Total number of flowers = (8+7+6) = 21.

 

Let E = event that the flower drawn is neither red nor green. 

= event taht the flower drawn is blue. 

 

--> n(E)= 7 

--> P(E)=  721=13 

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Filed Under: Permutations and Combinations
Exam Prep: GATE , CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

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Q:

Select a figure from the four alternatives that would complete the Figure Matrix.

     1366338751-11484717348.jpg image

  1366338751-121484717370.jpg image

    (1)   (2)  (3)   (4)

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

Explanation:

By observing the above pattern Figure (3) will complete the matrix.

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Filed Under: Figure Matrix
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

What amount must you invest now at 4% compounded monthly to accumulate $10,000 after 3 year

A) 8695 B) 7695
C) 3695 D) 4695
 
Answer & Explanation Answer: A) 8695

Explanation:

Given: j = 4%, m=  12, FV = $10,000, Term=  3.5 years
Then n  =m  *Term  12(3.5)  42

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

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Q:

Two boxes contain 4 and 16 balls respectively. Two balls in the first box and four in the second, are black. If a box is chosen randomly and two balls are drawn at random from it, what is the
probability that at least one ball is black if the ball is not replaced?

A) 11/20 B) 43/120
C) 77/120 D) 9/20
 
Answer & Explanation Answer: C) 77/120

Explanation:

At least one black can be chosen in two ways from each box:
Now, probability of choosing at least one black ball from first box 

= 1/2 × [ (2C1× 2C1)/4C2 + 2C2/ 4C2 ]= 5/12

Probability of choosing at least one black ball from 2nd box
= 1/2 × [(4C1×12C1)/16C2 + 4C2/ 16C2] = 9/40

Final probability

= 5/12 + 9/40 = (50 + 27)/120 = 77/120

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