Bank Exams Practice Question and Answer

Q: A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 15%, he is only able to save Rs. 400 per month. What is his monthly salary ? 2757 0

  • 1
    Rs. 6000
    Correct
    Wrong
  • 2
    Rs. 4500
    Correct
    Wrong
  • 3
    Rs. 5000
    Correct
    Wrong
  • 4
    Rs. 6500
    Correct
    Wrong
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Answer : 3. "Rs. 5000"
Explanation :

Answer: C) Rs. 5000 Explanation: Income = Rs. 100 Expenditure = Rs. 80 Savings = Rs. 20 Present Expenditure 80x(15/100) = Rs. 12 = 80 + 12 = Rs. 92 Present Savings = 100 – 92 = Rs. 8 100 ------ 8? --------- 400 => 5000 His salary = Rs. 5000

Q: The Most Abundant Rare Gas in the Atmosphere is 2756 0

  • 1
    Xe
    Correct
    Wrong
  • 2
    He
    Correct
    Wrong
  • 3
    Ne
    Correct
    Wrong
  • 4
    Ar
    Correct
    Wrong
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Answer : 4. "Ar"
Explanation :

Answer: D) Ar Explanation: Argon is most the most abundant Rare Gas in the atmosphere. Its elemental symbol is Ar.

Q: Which of the following is a microeconomic statement? 2755 0

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    The price of personal computers declined last year.
    Correct
    Wrong
  • 2
    Unemployment was 6.8 percent of the labor force last year.
    Correct
    Wrong
  • 3
    The real domestic output increased by 2.5 percent last year.
    Correct
    Wrong
  • 4
    The general price level increased by 4 percent last year.
    Correct
    Wrong
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Answer : 1. "The price of personal computers declined last year."
Explanation :

Answer: A) The price of personal computers declined last year. Explanation:

Q: Which payment method typically charges the highest interest rates? 2755 0

  • 1
    Credit cards
    Correct
    Wrong
  • 2
    Payday loans
    Correct
    Wrong
  • 3
    Cashier's checks
    Correct
    Wrong
  • 4
    Pre-paid cards
    Correct
    Wrong
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Answer : 2. "Payday loans"
Explanation :

Answer: B) Payday loans Explanation: Both Credit cards and Payday loans payment methods typically charges the highest interest rates. When compared Payday loans seems to charge a little bit higher interest rates than Credit Cards interest rates.

Q: Velocitation is the tendency to 2753 0

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    be traveling at a speed that is faster than perceived
    Correct
    Wrong
  • 2
    be traveling at a speed that is slower than perceived
    Correct
    Wrong
  • 3
    Both A & B
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 1. "be traveling at a speed that is faster than perceived"
Explanation :

Answer: A) be traveling at a speed that is faster than perceived Explanation: Velocitation is a phenomenon caused by driving for long periods at high speeds. A driver may experience velocitation when coming off of the highway; the change in speed makes him or her think that the car is going much slower than it actually is.   Velocitation is the tendency to be traveling at a speed that is faster than perceived.

Q: Which of the following animals have teeth in their stomach? 2752 0

  • 1
    Frogs
    Correct
    Wrong
  • 2
    Crabs
    Correct
    Wrong
  • 3
    Snakes
    Correct
    Wrong
  • 4
    Cockroach
    Correct
    Wrong
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Answer : 2. "Crabs"
Explanation :

Answer: B) Crabs Explanation:

Q: Expand CAR, in Banking Terminology? 2751 0

  • 1
    Current Applicable Ratio
    Correct
    Wrong
  • 2
    Capital Adequacy Ratio
    Correct
    Wrong
  • 3
    Capital Available Request
    Correct
    Wrong
  • 4
    Compiled Acquired Ratio
    Correct
    Wrong
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Answer : 2. "Capital Adequacy Ratio"
Explanation :

Answer: B) Capital Adequacy Ratio Explanation: Capital Adequacy Ratio (CAR) is also known as Capital to Risk (Weighted) Assets Ratio (CRAR), is the ratio of a bank's capital to its risk.   1. The capital adequacy ratio (CAR) is a measure of a bank's capital. 2. It is used to protect depositors and promote the stability and efficiency of financial systems around the world. 3. National regulators track a bank's CAR to ensure that it can absorb a reasonable amount of loss and complies with statutory Capital requirements.

Q: A secret can be told to only 3 persons in 3 minutes. Each person in turn tells 3 other persons in the next 3 minutes and the processes continues accordingly. In 30 minutes how many persons can be told this secret in this way ? 2749 0

  • 1
    88572
    Correct
    Wrong
  • 2
    77854
    Correct
    Wrong
  • 3
    99584
    Correct
    Wrong
  • 4
    55654
    Correct
    Wrong
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Answer : 1. "88572"
Explanation :

Answer: A) 88572 Explanation: Given a secret is told to 3 persons in 3 minutes.And if the process continues with each person saying 3 other persons,In 30 minutes => the rocess for 10 times because each person time is 3 minutes.Required number of persons = 3 + 32 + 33 + .... + 39 + 310   Now it forms a geometric progression,   Sum to n terms is S = arn - 1r - 1   Here a = 3, r = 3  => 59048 x 3 /2   = 88572.

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