Bank Exams Questions

Q:

What lump sum deposited today would allow payments of $2000/year for 7 years at 5% compounded annually?

A) 11572.71 B) 11876
C) 189756 D) 11576
 
Answer & Explanation Answer: A) 11572.71

Explanation:

 

 

A=R[(1+i)^n-1]/i(1+i)^n

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Q:

Who amongst the following is the author of the book "The Other Side Of Midnight"?

A) Salman Rushdie B) Katherine Mayo
C) Ernest Hemmingway D) Sidney Sheldon
 
Answer & Explanation Answer: D) Sidney Sheldon

Explanation:
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Q:

Who has been appointed as the Election Commissioner of India  ?

A) S. Y. Quraishi B) Sunil Arora
C) H. S. Brahma D) Nasim Zaidi
 
Answer & Explanation Answer: B) Sunil Arora

Explanation:
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Q:

How much time for the total distance?

time_and_distance1561111256.jpg image

A) 85 min B) 1 hr 15 min
C) 90 min D) 1 hr 08 min
 
Answer & Explanation Answer: B) 1 hr 15 min

Explanation:

From the given data, 

if 60% = 45 minutes


100% =  ?

=> 45 × 100/60

= 75 min


i.e, = 1hr 15 min.

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Q:

What is the motto of the Supreme Court of India?

A) Dharmo Rakshati Rakshitah B) Satyameva Jayate
C) Yato Dharmastato Jayah D) Sarve Jana SukhnoBhavanthu
 
Answer & Explanation Answer: C) Yato Dharmastato Jayah

Explanation:

The motto of the Supreme Court of India is "Yato Dharmastato Jayah" i.e, anytime truth wins. It was done in 1950.

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Q:

One boat is overtaking another, which boat should stand on?

Answer

The boat which is overtaken must give way to the boat which is overtaking and should stand on until it is completely overtaken.

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Subject: Situation Reaction Test Exam Prep: AIEEE , Bank Exams , CAT
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Q:

8(6+5) - 10 =?

A) 76 B) 78
C) 80 D) 82
 
Answer & Explanation Answer: B) 78

Explanation:

8(6+5) - 10 = ?

? = 8(11) - 10

? = 88 - 10

? = 78.

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Q:

American financial magazine Barron's has listed the HDFC Bank Managing Director's name on 23rd position in the list of world’s 30 best CEOs. His name is ___________.

A) Aditya Puri B) Sanjeev Misra
C) M K Sharma D) Shikha Singh
 
Answer & Explanation Answer: A) Aditya Puri

Explanation:

American financial magazine Barron's has listed the name of HDFC Bank Managing Director Aditya Puri’s name in its list of world’s 30 best CEOs. He holds the 23rd position in the list beating social media giant Facebook’s CEO Mark Zuckerberg who is listed on the 30th spot.

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