4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

In October 2017, RBI fixed the cash loading limit per month to ______ for Prepaid Payment Instruments.

A) Rs 10,000	B) Rs 50,000
C) Rs 75,000	D) Rs 1,00,000

Answer & Explanation Answer: B) Rs 50,000

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 25692

Q:

What will come in place of the question mark in the series below?

7, 4.5, 5.5, 12, 49, ?

A) 393	B) 396
C) 354	D) 367

Answer & Explanation Answer: A) 393

Explanation:

Ans.
4.5 = 7 x 0.5 + 1
5.5 = 4.5 x 1 + 1
12 = 5.5 x 2 + 1
49 = 12 x 4 + 1
? = 49 x 8 + 1, i.e. ? = 393

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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , GATE

2 25678

Q:

Select the pair that does NOT belong in the following group.

$(\sqrt{64}, 9), (\sqrt{81}, 10), (\sqrt{36}, 8), (\sqrt{121}, 12)$

A) 121, 12	B) 36, 8
C) 81, 10	D) 64, 9

Answer & Explanation Answer: B) 36, 8

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

0 25654

Q:

In the following question, select the odd word pair from the given alternatives.

A) Sister – Female	B) Male – Father
C) Brother – Male	D) Grandmother – Female

Answer & Explanation Answer: B) Male – Father

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

2 25635

Q:

What will Rs.1500 amount to in three years if it is invested in 20% p.a. compound interest, interest being compounded annually?

A) Rs.2592	B) Rs.2492
C) Rs.2352	D) Rs.2352

Answer & Explanation Answer: A) Rs.2592

Explanation:

The usual way to find the compound interest is given by the formula A = .p(1+r/100)^n

In this formula,

A is the amount at the end of the period of investment

P is the principal that is invested

r is the rate of interest in % p.a

And n is the number of years for which the principal has been invested.

In this case, it would turn out to be A =1500(1+20/100)^3

= 2592.

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

9 25632

Q:

The sum of three consecutive multiples of 3 is 72. What is the second largest number ?

A) 27	B) 24
C) 21	D) 42

Answer & Explanation Answer: B) 24

Explanation:

Let the numbers be 3x, 3x + 3 and 3x + 6.
Then,
3x + (3x + 3) + (3x + 6) = 72
9x = 63
x = 7
Largest number = 3x + 6 = 27.

=> Second largest number = 27 - 3 = 24

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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

93 25627

Q:

‘Asom Mala’ programme has been launched in which Indian state/UT?

A) Arunachal Pradesh	B) Bihar
C) Sikkim	D) Assam

Answer & Explanation Answer: D) Assam

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

3 25618

Q:

Direction: What should come in the place of question mark (?) in the following number series?

2, 3, 6, 15, 45, ?

A) 90	B) 135
C) 157.5	D) 200

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