Bank Exams Questions

Q:

"Compounding frequency" refers to

A) What type of interest your account earns B) How often your interest is calculated and added back into your account
C) What interest rate you can expect from your account D) How easily you can add money into your account
 
Answer & Explanation Answer: B) How often your interest is calculated and added back into your account

Explanation:

Compounding frequency :

The time periods when interest will be calculated on top of the original loan amount (or) The number of compounding periods in one year.

 

The greater the compounding frequency, the more often your interest is calculated and added back into your account.

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Q:

Very pleasing to eat

A) Palatable B) Tantalising
C) Sumptuous D) Appetising
 
Answer & Explanation Answer: A) Palatable

Explanation:

The one word substitute for Very pleasing to eat is  Palatable. It means of food or drink that is very tasty, appetizing or pleasant to eat or drink.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
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Q:

Which country has replaced China as the top retail destination in 2017 Global retail development index ?

A) Russia B) India
C) Japan D) USA
 
Answer & Explanation Answer: B) India

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

Name another word for friend?

A) playfellow B) enemy
C) rival D) foe
 
Answer & Explanation Answer: A) playfellow

Explanation:

Friend is a person with whom one has a bond of mutual affection, typically one exclusive of sexual or family relations.

 

Other names for friend are mate, bosom friend, classmate, buddy, ally,...

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Filed Under: English
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Q:

What makes an election democratic?

A) Elections should be held at regular intervals. B) The candidate preferred by the people should get elected.
C) Every citizen should have one vote ad every vote should have an equal value. D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

In short, Democracy is a government "of the people, by the people, and for the people."

 

Definition :

Democracy "is government by the people in which the supreme power is vested in the people and exercised directly by them or by their elected agents under a free electoral system." 


The conditions of a democratic election are:

 

* Every citizen should have one vote ad every vote should have an equal value.

* Voters choose from the political parties and candidates should be free to contest elections giving the voters a real choice.

* Elections should be held at regular intervals.

* The candidate preferred by the people should get elected.

* Elections should be conducted in free and fair manner where people can choose as they really wish.

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Filed Under: Indian Politics
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Q:

Which of the following is an example of system software?

A) Microsoft word B) Calculator
C) Operating system D) RAM
 
Answer & Explanation Answer: C) Operating system

Explanation:

In a brief, the system software is the interface between the hardware and user applications. System software is a type of computer program that is designed to run a computer’s hardware and application programs.

 

Examples : OS, System utilities, BIOS like mouse, keyboard, hard disc, Device drivers, Assembler,...

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Q:

1 bottle of honey costs Rs 240 but a pack of 4 of the same bottles costs Rs 768. What is the effective discount (in %) on the pack?

A) 16 B) 25
C) 10 D) 20
 
Answer & Explanation Answer: D) 20

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

Q's mother is sister of P and daughter of M who is brother of R. S is daughter of P and sister of T. How is M related to T ?

A) Grand father B) Grand mother
C) Grand father or Grand mother D) Can't be determined
 
Answer & Explanation Answer: A) Grand father

Explanation:

Q's mother is sister of P and daughter of M => P is the child of M.
S is daughter of P and sister of T, so P is parent of T too.
M ----> parent --------> P ------------>parent -------------> T
But given M is brother of R => M is male.

So, M is grandfather of T.

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Filed Under: Blood Relations
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