Bank Exams Questions

Q:

Ionic compounds ______.

 

I. have high boiling point

II. have high melting point

III. conduct electricity in solution

 

A) Only I and II B) Only I and III
C) Only II and III D) All I, II and III
 
Answer & Explanation Answer: D) All I, II and III

Explanation:
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Q:

Ozone holes are more pronounced at the

 

A) Equator B) Tropic of cancer
C) Tropic of capricorn D) Poles
 
Answer & Explanation Answer: D) Poles

Explanation:

Ozone holes are more pronounced at the polar regions of the earth.

 

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Q:

Which  of  the  following  statements  about Bitcoin is/are correct?

1.It is a decentralized virtual currency.

2.It    is    generated    through    complex computer software systems.

3.The  Reserve  Bank  of  India  recognized it as a legal tender in January 2016.

Select  the  correct  answer  using  the  code given below.

A) 1 only B) 1 and 2 only
C) 2 and 3 only D) 1, 2 and 3
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

Bitcoin is the world's first cryptocurrency,    a    form    of electronic   cash.It   is   the    first decentralized digital  currency:  the system   was   designed   to   work without   acentral   bankor   single administrator.Bitcoins    are    sent from  user  to  user  on  the peer-to-peer bitcoin network directly, without the need for intermediaries.  These  transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain. Bitcoin was invented by an unknown person or group of people   using   the   name Satoshi Nakamoto. Bitcoins are not recognised  as  a  legal  tender  by Reserve Bank of India. 

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Q:

An atom can achieve octet by ______.

 

I. sharing electron

II. gaining electron

III. losing electron

 

A) Only I and II B) Only I and III
C) Only II and III D) All I, II and III
 
Answer & Explanation Answer: D) All I, II and III

Explanation:
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Q:

How many millimeters make ten kilometers?

 

A) 1010 B) 109
C) 108 D) 107
 
Answer & Explanation Answer: D) 107

Explanation:
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Q:

Which of the following is a non metal that remains liquid at room temperature  ?

A) Chlorine B) Phosphorous
C) Bromine D) Helium
 
Answer & Explanation Answer: C) Bromine

Explanation:

The chemical element with the atomic number 35, Bromine is a non metal that remains liquid at room temperature. Mercury also remains liquid at room temperature but it is a metal. Bromine is the third lightest halogen.

 

Which_of_the_following_is_a_non_metal_that_remains_liquid_at_room_temperature1542256555.jpg image

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181 39264
Q:

Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?

 

A) It is a marketable security. B) It experiences price changes throughout the day.
C) It typically has lower daily liquidity and higher fees than mutual fund shares. D) An ETF does not have its net asset value calculated once at the end of every day.
 
Answer & Explanation Answer: C) It typically has lower daily liquidity and higher fees than mutual fund shares.

Explanation:

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.

•Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

•ETFs experience price changes throughout the day as they are bought and sold.

•ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

 

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Q:

Determine the nominal rate of interest if:

The periodic rate is 0.83% per month

A) 7% B) 8%
C) 9% D) 10%
 
Answer & Explanation Answer: D) 10%

Explanation:

j=mi

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