4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.The mind is a tool to achieve ______ levels of consciousness, wisdom and bliss.

A) higher	B) digaonal
C) vertical	D) horizontal

Answer & Explanation Answer: A) higher

Explanation:

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Determine the value of ${(a + 1)}^{b - 1} when a^{b} = 343 .$

A) 9	B) 64
C) 125	D) 216

Answer & Explanation Answer: B) 64

Explanation:

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021	B) March, 2019
C) March, 2022	D) March, 2020

Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was thesum lent (in Rs)?

A) 1000	B) 1500
C) 2400	D) 3000

Answer & Explanation Answer: A) 1000

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

To curb black money in the economy, which of the followingcommittees has been formed in 2016?

A) Deepak Mohanty Committee	B) Suresh Prabhu Committee
C) Justice BM Shah committee	D) Nachiket Mor Committee

Answer & Explanation Answer: C) Justice BM Shah committee

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

In the gamma decay of a nucleus

A) the mass number of the nucleus changes whereas its atomic number does not change	B) the mass number of the nucleus does not change whereas its atomic number changes
C) both the mass number and the atomic number of the nucleus change	D) neither the mass number nor the atomic number of the nucleus changes

Answer & Explanation Answer: D) neither the mass number nor the atomic number of the nucleus changes

Explanation:

The emission of gamma rays does not alter the number of protons or neutrons in the nucleus but instead has the effect of moving the nucleus from a higher to a lower energy state (unstable to stable)

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Abutting

A) Touching	B) Far
C) Bordering	D) Joining

Answer & Explanation Answer: B) Far

Explanation:

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Filed Under: English
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Q:

Which Indian Bank co-launched a Contactless debit card along with Japan's JCB International?

A) Punjab National Bank	B) State Bank of India
C) HDFC Bank	D) Axis Bank

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