Bank PO Questions


Q:

Which country has signed an agreement with India for transfer of sentenced prisoners ?

A) Japan B) Ghana
C) Somalia D) Italy
 
Answer & Explanation Answer: C) Somalia

Explanation:

Signing the Agreement with Somalia shall facilitate the Indian prisoners imprisoned in Somalia or vice-versa to be near to their families, for serving remaining part of their sentence and shall facilitate their social rehabilitation.

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

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Q:

What is the name of India’s first-ever industrial-articulated robot that was launched on 11 April 2017 by TAL Manufacturing Solutions ?

A) RAINBOW B) BRAVO
C) TURBO D) BRABO
 
Answer & Explanation Answer: D) BRABO

Explanation:

TAL Manufacturing Solutions, a wholly owned subsidiary of Tata Motors, on 11 April 2017 launched India’s first industrial-articulated robot and it goes by the name “BRABO”.

BRABO is meant to complement the human workforce and perform repetitive, high volume, dangerous and time-consuming tasks from raw material handling to packaging of finished products.

– This is the first time that an industrial robot has been conceptualised, designed and manufactured in India. It is expected to increase productivity by 15-30%, with a payback period of 15 to 18 months.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Which states of India have oil fields?

A) Andhra Pradesh & Telangana B) Telangana & Tripura
C) Bihar & Mizoram D) Tamilnadu & Odisha
 
Answer & Explanation Answer: D) Tamilnadu & Odisha

Explanation:

Indian states having oil fields are

  • Andhra Pradesh
  • Arunachal Pradesh
  • Mizoram
  • Odisha
  • Tamilnadu
  • Rajasthan
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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

6 4535
Q:

What is the main function of international monetary fund  ?

A) Help to solve Balance of Payment problems of member countries B) Act as private sector lending arm of the World Bank
C) Finance investment loans to developing countries D) Arrange international deposits from banks
 
Answer & Explanation Answer: A) Help to solve Balance of Payment problems of member countries

Explanation:
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Filed Under: Accounts Payable
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

RBI controls the commercial banks through

A) Calling for returns and other information B) Periodic inspection of banks
C) Follow up action D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Second largest continent of the world?

A) Asia B) Australia
C) Africa D) Europe
 
Answer & Explanation Answer: C) Africa

Explanation:

Africa is the second largest continent both by popolation and area wise. Asia being first by both popolation and area wise.

 

second_largest_continent_of_the_world1555564422.png image

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

4 4523
Q:

Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?

A) loss of 24% B) gain of 28%
C) loss of 28% D) gain of 20%
 
Answer & Explanation Answer: B) gain of 28%

Explanation:

Money invested by Rajan before 1 year was = Rs. 100000

Money in UK pounds @ 75 is = 100000/75 = 1333.33 Pounds

 

Now, after 1 year invested amount was appreciated by 20%

=> 20% of 1333.33 = 266.66

 

Total investment becomes = 1333.33 + 266.66 = 1600 Pounds

This 1600 Pounds @ Indian currency at 80 = 1600 x 80 = Rs. 1,28,000

 

Hence, Rajan's investment of Rs. 1,00,000 becomes Rs. 1,28,000 in 1 year

 

Therefore, his profit % = [(128000 - 100000)/100000] x 100 = 28%.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The two forms of democracy are

A) Parliamentary and King B) Monarchical and Republican
C) Direct and Indirect D) Parliamentary and Presidential
 
Answer & Explanation Answer: D) Parliamentary and Presidential

Explanation:

There are two major forms of democratic government.

I. Parliamentary
II. Presidential

The citizens elect the leaders in democratic government.

The main difference is legislative and executive branches.

Executive - head of government
Legislative - how laws are made

 

I. Parliamentary democratic government : (example - United Kingdom )

1. Parliament = Legislature (Laws)
2. Parliament controls the power
3. Head of government is a prime minister chosen by the legislature
4. Prime minister and cabinet are members of the legislature
5. Prime minister answers to the legislature (fusion of powers)
6. The government will stay in office for a specified period unless the prime minister loses support of the majority on an important vote.
7. If this occurs- the P.M. must resign and elections are held immediately.

 

II. Presidential democratic government : (example - United States of America)

1. The executive and legislative branches are separate bodies elected independently by the citizens.
2. Separation of Powers
3. There are checks and balances where each branch can overrule the other.
4. The president answers to the voters, not the legislature.
5. The people elect the president, and elections are held at set intervals.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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