Bank Exams Questions

Q:

Which is the only Indian monument to figure in the world’s top 10 TripAdvisor’s Travellers’ Choice awards for Landmarks  ?

A) Taj Mahal B) Qutab Minar
C) Gateway of India D) India Gate
 
Answer & Explanation Answer: A) Taj Mahal

Explanation:

Iconic attraction of India Taj Mahal has emerged as the 5th most popular landmark in the world and 2nd in Asia, according to the online travel portal TripAdvisor’s ‘Travellers’ Choice Awards for Landmarks. Globally, Angkor Wat in Cambodia, Sheikh Zayed Grand Mosque Center in Abu Dhabi, Mezquita Cathedral de Cordoba in Spain, and St Peter’s Basilica in Italy, bagged the first four ranks respectively. Whereas, the top 10 landmarks in Asia has been topped by Angkor Wat, followed by Taj Mahal on the second place. Apart from this, Taj Mahal has also ranked first in the list of popular landmarks in India, followed by AmberFort, Jaipur; Swaminarayan Akshardham, New Delhi, etc.

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

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Q:

Calculate the future value of $3,000 invested at 7% for 5 years

A) 4207.66 B) 5207
C) 4376 D) 5687
 
Answer & Explanation Answer: A) 4207.66

Explanation:

F=P(1+i)^n

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Filed Under: Compound Interest
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Q:

Find the annual interest rate that produces $100,000 from $20,000 in 15 years.

A) 9.33% B) 10.33%
C) 11.33% D) 12.33%
 
Answer & Explanation Answer: C) 11.33%

Explanation:

l=(F/P)^1/n-1

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

Calculate the effective interest rate of a 10% annual rate compounded continuously.

A) 9.52% B) 10.52%
C) 11.52% D) 12.52%
 
Answer & Explanation Answer: B) 10.52%

Explanation:

E=e^i-1

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

Which best matches the description with the genetic material?

A) Chromosomes are located in the cytoplasm. B) DNA is located in the nucleus.
C) Nucleotides form a helical structure that is called a gene. D) Chromosomes create genes.
 
Answer & Explanation Answer: B) DNA is located in the nucleus.

Explanation:

DNA is the genetic material in the cell. 

 

Hence, option B) DNA is located in the nucleus best matches the description with the genetic material.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk

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Q:

Incorporation creates a local government and

A) determines who will serve as mayor and council members. B) divides a state into separate counties with their own leaders.
C) manages the court system on the county and city level. D) creates geographic boundaries for villages, towns, and cities.
 
Answer & Explanation Answer: B) divides a state into separate counties with their own leaders.

Explanation:

Incorporation is a legal process that enables the formation of a local government and divides a state into separate counties with their own leaders.

 

The different counties become self governing entities under the laws of the state in which they fall and are given the authority to function as independent units but within the jurisdiction of the state laws.

 

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

A) 5years B) 6years
C) 7years D) 8years
 
Answer & Explanation Answer: A) 5years

Explanation:

I=prt

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Filed Under: Simple Interest
Exam Prep: Bank Exams
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Q:

Can You Solve This Tricky Puzzle In 10 Seconds?

Answer

In the last row fifth letter is 'I'.

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Subject: Logic Puzzles Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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