Bank Exams Questions

Q:

The primary goal of financial management is to

A) Expand their share of the market B) Maximize the current value per share of the existing stock
C) Examining whether costs are reasonable or unreasonable D) All the above
 
Answer & Explanation Answer: B) Maximize the current value per share of the existing stock

Explanation:

The primary goals of financial management dwell on both short-term and long-term activities that seek to maximize value creation from scarce financial resources. And then the primary goal of financial management is to Maximize the current value per share of the existing stock.

 

All businesses aim to maximize their profits, minimize their expenses and maximize their market share. Here is a look at each of these goals.

 

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic principles of management in financial activities such as purchases, sales, capital expansion, inventory valuation, financial reporting, and profit distribution.

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Filed Under: SAP FI
Exam Prep: Bank Exams , CAT
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Q:

L is the daughter of K's brother's wife's father-in-law's daughter. K is L's __

A) Son B) Aunt
C) Uncle D) Can't be determined
 
Answer & Explanation Answer: D) Can't be determined

Explanation:

K's brother's wife's father-in-law is K's brother's father i.e. K's father. K's father's daughter is K's Sister.
L is daughter of K's sister => K is L's Uncle or Aunt.

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Filed Under: Blood Relations
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Q:

Who presided over the cabinet mission?

A) Strafford Cripps B) Clement Attlee
C) V Alexander D) Sir P Lawrence
 
Answer & Explanation Answer: D) Sir P Lawrence

Explanation:

The United Kingdom Cabinet Mission of 1946 came to India aimed to discuss the transfer of power from the British government to the Indian leadership, with the aim of preserving India's unity and granting it independence.

 

Sir P Lawrence presided over the cabinet mission which was formulated at the initiative of Clement Attlee, the Prime Minister of the United Kingdom.

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Filed Under: Indian History
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Q:

What Room can Nobody Enter?

A) War room B) Spare room
C) Escape room D) Mushroom
 
Answer & Explanation Answer: D) Mushroom

Explanation:

The Room can Nobody Enter is a Mushroom.

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Filed Under: Logic Puzzles
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Q:

Out of sixty students, there are 14 who are taking Economics and 29 who are taking Calculus. What is the probability that a randomly chosen student from this group is taking only the Calculus class ?

A) 8/15 B) 7/15
C) 1/15 D) 4/15
 
Answer & Explanation Answer: B) 7/15

Explanation:

Given total students in the class = 60
Students who are taking Economics = 24 and
Students who are taking Calculus = 32
Students who are taking both subjects = 60-(24 + 32) = 60 - 56 = 4
Students who are taking calculus only = 32 - 4 = 28
probability that a randomly chosen student from this group is taking only the Calculus class = 28/60 = 7/15.

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Filed Under: Probability
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Q:

Which Bank has bagged the 'Best Bank' award among small banks  ?

A) Karur Vysya Bank B) Kotak Mahindra Bank
C) BOI Bank D) Karnataka Bank
 
Answer & Explanation Answer: D) Karnataka Bank

Explanation:
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Filed Under: General Awareness
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Q:

Rate of doing work is called

A) Capacity B) Energy
C) Power D) Current
 
Answer & Explanation Answer: C) Power

Explanation:

The Rate of doing work or rate of transfer of energy is called Power.

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Filed Under: Physics
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Q:

In a bag which contains 40 balls, there are 18 red balls and some green and blue balls. If two balls are picked up from the bag without replacement, then the probability of the first ball being red and second being green is 3/26. Find the number of blue balls in the bag.

A) 16 B) 12
C) 10 D) 14
 
Answer & Explanation Answer: B) 12

Explanation:

Total balls = 40

Red balls = 18

Let green balls are x

Then, (18/40) × (

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Filed Under: Probability
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