4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Visible and invisible items of debit and credit are the part of___________.

A) import-export policy	B) balance of payment
C) balance of trade	D) annual budget

Answer & Explanation Answer: B) balance of payment

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 27167

Q:

Select the figure which does NOT belong to the group.

A) A	B) B
C) C	D) D

Answer & Explanation Answer: C) C

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

1 27156

Q:

What annual payment will discharge a debt of Rs.7620 due in 3years at $16 \frac{2}{3}$ % per annum interest?

A) 5430	B) 4430
C) 3430	D) 2430

Answer & Explanation Answer: C) 3430

Explanation:

Let each installment be Rs.x. Then,

(P.W. of Rs.x due 1 year hence) + (P.W of Rs.x due 2 years hence) + (P.W of Rs. X due 3 years hence) = 7620.

$[\frac{x}{(1 + \frac{50}{3 x 100})}] + [\frac{x}{1 + {(\frac{50}{3 x 100})}^{2}}] + [\frac{x}{1 + {(\frac{50}{3 x 100})}^{3}}] = 7620$

$\frac{6 x}{7} + \frac{36 x}{49} + \frac{216 x}{343} = 7620$

$294 x + 252 x + 216 x = 7620 x 343$

=> x = 3430

Amount of each installment = Rs.3430

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

78 27119

Q:

Which of the following is a characteristic of the monopolistic competition?

A) A large number of firms compete	B) Each firm produces a differentiated product
C) Both answers A and B are correct	D) Barriers to entry

Answer & Explanation Answer: C) Both answers A and B are correct

Explanation:

A large number of firms compete and Each firm produces a differentiated product is a characteristic of the market structure for monopolistic competition.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

2 27118

Q:

The following equation is incorrect. Which two signs should be interchanged to correct the equation?

20 + 12 x 35 - 20 ÷ 10 = 31

A) ÷ and -	B) + and x
C) + and ÷	D) - and +

Answer & Explanation Answer: A) ÷ and -

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

0 27066

Q:

52 C in a P?

Answer

52 C in a P represents 52 Cards in a Pack.

Similar to

12 S of the Z

5 C in an OF

Workspace

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

67 27031

Q:

In the following question, select the missing number from the given series.

13, 19, 32, 51, 83, ?

A) 142	B) 134
C) 156	D) 140

Answer & Explanation Answer: B) 134

Explanation:

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Filed Under: Number Series
Exam Prep: Bank Exams

9 27013

Q:

Leverage enables currency traders to do which of the following?

A) Reduce the risk of losing money	B) Force foreign governments to print more money
C) Make large currency trades using small amounts of money	D) Buy currencies before they are available to the public

Answer & Explanation Answer: C) Make large currency trades using small amounts of money

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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