Bank Exams Practice Question and Answer

Q: The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a.  ? 2741 0

  • 1
    Rs. 22.5
    Correct
    Wrong
  • 2
    Rs. 2.5
    Correct
    Wrong
  • 3
    Rs. 202
    Correct
    Wrong
  • 4
    Rs. 25
    Correct
    Wrong
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Answer : 1. "Rs. 22.5"
Explanation :

Answer: A) Rs. 22.5 Explanation: We know that I = PTR/100=> P = 20250/4.5 = 4500Now, new Interest at 5% = 4500x1x5/100 = 225Now the additional amount = 225 - 202.5 = Rs. 22.5

Q: Which of the following is the sixth to the left of the twentieth from the left end of the below arrangement ?BM%R#J@K!DF69L4*15NEP23AYQZ#7UG 2740 0

  • 1
    L
    Correct
    Wrong
  • 2
    K
    Correct
    Wrong
  • 3
    4
    Correct
    Wrong
  • 4
    9
    Correct
    Wrong
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Answer : 1. "L"
Explanation :

Answer: A) L Explanation: The twentieth element in the above arrangement is 'E'.Then, the sixth element to the left of 'E' is 'L'.

Q: A rise in general level of prices may be caused by 2740 0

  • 1
    an increase in the money supply
    Correct
    Wrong
  • 2
    an increase in the effective demand
    Correct
    Wrong
  • 3
    a decrease in the aggregate level of output
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 4. "All of the above"
Explanation :

Answer: D) All of the above Explanation: All the three statements lead to either increase in demand of goods and services or decrease in the supply. This leads to increase in general level of prices.

Q: Effective teamwork and high productivity are good indications of positive 2740 0

  • 1
    productivity goals
    Correct
    Wrong
  • 2
    reinforcement
    Correct
    Wrong
  • 3
    horizontal relationships
    Correct
    Wrong
  • 4
    socializing
    Correct
    Wrong
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Answer : 1. "productivity goals"
Explanation :

Answer: A) productivity goals Explanation: In general, we know that Effective teamwork yields high productivity which is a good indications of positive productivity goals.

Q: X can complete the work in 10 days, Y can do the same in 15 days. If they are hired for 5 days to do the work together, what is the work that left unfinished? 2739 0

  • 1
    1/3
    Correct
    Wrong
  • 2
    2/3
    Correct
    Wrong
  • 3
    1/6
    Correct
    Wrong
  • 4
    5/6
    Correct
    Wrong
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Answer : 3. "1/6"
Explanation :

Answer: C) 1/6 Explanation: Given X can do in 10 days  => 1 day work of X = 1/10   Y can do in 15 days  => 1 day work of Y = 1/15   1day work of (X + Y) = 1/10 + 1/15 = 1/6   Given they are hired for 5 days  => 5 days work of (X + Y) = 5 x 1/6 = 5/6  Therefore, Unfinished work = 1 - 5/6 = 1/6

Q: What does this symbol mean '&'? 2737 0

  • 1
    Caret
    Correct
    Wrong
  • 2
    Bar
    Correct
    Wrong
  • 3
    Ampersand
    Correct
    Wrong
  • 4
    Reversed Caret
    Correct
    Wrong
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Answer : 3. "Ampersand"
Explanation :

Answer: C) Ampersand Explanation: '&' is a Logical Symbol and is called as Ampersand.   ^ is called Caret - is called Bar v is called Reversed Caret.

Q: Rushi and Arun are two business partners. They invest their capital in the ratio 7 : 9. After 6 months, a third person Ram joins them with a capital of two third of that of Arun. After a year, profit share of Rushi was Rs. 5600, then find total profit? 2734 0

  • 1
    26,250
    Correct
    Wrong
  • 2
    19,200
    Correct
    Wrong
  • 3
    18,650,
    Correct
    Wrong
  • 4
    15,200
    Correct
    Wrong
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Answer : 4. "15,200"
Explanation :

Answer: D) 15,200 Explanation: Ratio of investment of all the three members = (7 x 12) : (9 x 12) : (2/3 x 9 x 6) = 7 : 9 : 3 Given Rushi's one year profit = Rs. 5600 => Let the total profit = Rs. P Then, P x 7/19 = 5600 Total profit P = 19 x 5600/7 = Rs. 15,200.

Q: If two fractions, each of which has a value between 0 and 1, are multiplied together, the product will be : 2731 0

  • 1
    always greater than either of the original fractions
    Correct
    Wrong
  • 2
    always less than either of the original fractions
    Correct
    Wrong
  • 3
    sometimes greater and sometimes less than either of the original fractions
    Correct
    Wrong
  • 4
    remains the same
    Correct
    Wrong
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Answer : 2. "always less than either of the original fractions"
Explanation :

Answer: B) always less than either of the original fractions Explanation: We can easily Answer this by taking some values.   The question states that the two fractions, each have values between 0 and 1.Let us say one of the fraction is 1/2 and the other fraction is 1/3 .The product of the two fractions is 1/2 x 1/3 = 1/6 . is lesser than both 1/2  and 1/3 .So, the correct answer is that the product is always less than either of the original fractions.

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