Bank Exams Practice Question and Answer

Q: P.V. Sindhu defeated which player in the finals to win her maiden India Open Super Series title on 2 April 2017 ? 1759 0

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    Wang Yihan
    Correct
    Wrong
  • 2
    Greysia Polii
    Correct
    Wrong
  • 3
    Sung Ji-Hyun
    Correct
    Wrong
  • 4
    Carolina Marin
    Correct
    Wrong
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Answer : 4. "Carolina Marin"
Explanation :

Answer: D) Carolina Marin Explanation: India’s P.V. Sindhu avenged her Rio Olympic final defeat to Spain’s Carolina Marin in an emphatic style with a straight game 21-19, 21-16 win in the women’s singles final of India Open Super Series at a packed Siri Fort Sports Complex on 2 April 2017. – It is worth mentioning that Sindhu had lost to Marin the Rio Olympic women’s singles final. But she avenged her Olympic final defeat to Marin in an imperious fashion with a straight game. This was Sindhu’s first India Open Super Series title.

Q: Which bank will become the first bank to integrate Aadhaar offering OTP-based financial services ? 1350 0

  • 1
    Karur Vysya Bank
    Correct
    Wrong
  • 2
    City Union Bank
    Correct
    Wrong
  • 3
    IndusInd Bank
    Correct
    Wrong
  • 4
    Kotak Mahindra Bank
    Correct
    Wrong
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Answer : 4. "Kotak Mahindra Bank"
Explanation :

Answer: D) Kotak Mahindra Bank Explanation:

Q: Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420 ? 1302 0

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    Rs. 2000
    Correct
    Wrong
  • 2
    Rs. 2100
    Correct
    Wrong
  • 3
    Rs. 1900
    Correct
    Wrong
  • 4
    Rs. 2150
    Correct
    Wrong
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Answer : 1. "Rs. 2000"
Explanation :

Answer: A) Rs. 2000 Explanation: Given, Compound rate, R = 10% per annumTime = 2 yearsC.I = Rs. 420Let P be the required principal.A = (P+C.I)Amount, A = P1 + r100n (P+C.I) = P1 + 101002 (P+420) = P[11/10][11/10] P-1.21P = -420 0.21P = 420 Hence, P = 420/0.21 = Rs. 2000

Q: In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ? 2860 0

  • 1
    Quarter months
    Correct
    Wrong
  • 2
    Half year
    Correct
    Wrong
  • 3
    2 years
    Correct
    Wrong
  • 4
    1 year
    Correct
    Wrong
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Answer : 2. "Half year"
Explanation :

Answer: B) Half year Explanation: 3300 ----- 3% ↑ (1st time interval, 99) → 3399. Here, time interval is given as half-yearly i.e. 6 months.

Q: Kalyan purchased a Maruti van for Rs. 1,96,000 and the rate of depreciation is 14(2/7) % per annum. Find the value of the van after two years ? 1930 0

  • 1
    Rs. 1,24,000
    Correct
    Wrong
  • 2
    Rs. 1,44,000
    Correct
    Wrong
  • 3
    Rs. 1,32,000
    Correct
    Wrong
  • 4
    Rs. 1,62,000
    Correct
    Wrong
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Answer : 2. "Rs. 1,44,000"
Explanation :

Answer: B) Rs. 1,44,000 Explanation: Value of Maruti Van, V1 = Rs. 1,96,000Rate of depreciation, r = 14(2/7)% = 100/7%; Time, t = 2 yearsLet V2 is the value after depreciation. V2 = V11 - r100tV2 = 196001 - 10071002 V2 = 196000(6/7)(6/7) V2 = (196000x36)/49 = Rs. 1,44,000.

Q: Althaf borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12% ? 2745 0

  • 1
    Rs. 300
    Correct
    Wrong
  • 2
    Rs. 400
    Correct
    Wrong
  • 3
    Rs. 1200
    Correct
    Wrong
  • 4
    Rs. 1100
    Correct
    Wrong
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Answer : 3. "Rs. 1200"
Explanation :

Answer: C) Rs. 1200 Explanation: Let Althaf lent Rs. A at 14% per year.Hence, Money lent at 12% = (1500-A);Given, total interest = Rs. 186.{(A x 14x 1)/100} + {[(1500-A) x 12 x 1/100]} = 186;14A/100 + (18000 -12A)/100 = 186;14A + 18000 - 12A = 186x100;2A = 18600-18000;A = 600/2 = Rs. 300.Hence, money lent at 12% = 1500-300 = Rs. 1200.

Q: If 6 (P's Capital ) = 8 ( Q's Capital ) = 12 ( R's Capital ) , then out of the total profit of Rs 4650 , R will receive ? 1771 0

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    Rs. 1033.33
    Correct
    Wrong
  • 2
    Rs. 1024
    Correct
    Wrong
  • 3
    Rs. 1148.14
    Correct
    Wrong
  • 4
    Rs. 1245.32
    Correct
    Wrong
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Answer : 1. "Rs. 1033.33"
Explanation :

Answer: A) Rs. 1033.33 Explanation: Let P's capital = p, Q's capital = q and R's capital = r.Then 6p = 8q = 12r=> 3p = 4q = 6r=>q = 3p/4r = 3p/6 = p/2P : Q : R = p : 3p/4 : p/2= 4 : 3 : 2R's share = 4650 * (2/9) = 150*6 = Rs. 1033.33.

Q: A user type a content on 20 sheets, each sheet consist of 55 lines, and each line can have 66 characters. The content is again retyped on another set of sheets, these new sheets have 65 lines and each line can take 70 characters. Calculate the reduction in sheets ? 2707 0

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    2 or 60%
    Correct
    Wrong
  • 2
    4 or 20%
    Correct
    Wrong
  • 3
    6 or 10%
    Correct
    Wrong
  • 4
    8 or 5%
    Correct
    Wrong
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Answer : 2. "4 or 20%"
Explanation :

Answer: B) 4 or 20% Explanation: 20 x 55 x 66 = L x 65 x 70Here L = 72,600/4550 = 15.95 =~ 16Reduction is 20-16 = 4 which is 20% reduction.

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