Bank Exams Practice Question and Answer

Q: A sold an article to B at 40% profit and B sold it to C at 50% profit, then what will be profit percent with respect to A ? 2634 0

  • 1
    97 %
    Correct
    Wrong
  • 2
    110 %
    Correct
    Wrong
  • 3
    135 %
    Correct
    Wrong
  • 4
    115 %
    Correct
    Wrong
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Answer : 2. "110 %"
Explanation :

Answer: B) 110 % Explanation: % Profit with respect to A = 40 + 50 + (40 x 50)/100 = 90 + 20 = 110 %.

Q: Which payment type can help you stick to a budget? 2633 0

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    Payday loans
    Correct
    Wrong
  • 2
    Cash advances
    Correct
    Wrong
  • 3
    Debit cards
    Correct
    Wrong
  • 4
    Credit cards
    Correct
    Wrong
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Answer : 3. "Debit cards"
Explanation :

Answer: C) Debit cards Explanation: There are two payment types that will help you stick to your budget. 1. Cash2. Debit Card The amount in the debit card is the only amount you can spend to stay within budget. These method work because once you spend your money, you are done. You don’t have anything else to spend.   Credit cards, payday loans, and cash advances are all loans on future income. When you use a credit card, there is always just a little bit more you can spend. These types do not help you budget properly. In fact, these types encourage you to spend beyond your means and be out of budget.

Q: A boat takes 2 hours to travel from point A to B in still water. To find out its speed upstream, which of the following information is/are required? A. Distance between point A and B. B. Time taken to travel downstream from B to A. C. Speed of the stream of water. 2632 0

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    Only A and B
    Correct
    Wrong
  • 2
    Only B and C
    Correct
    Wrong
  • 3
    All are required
    Correct
    Wrong
  • 4
    Any one pair of A and B, B and C or C and A is sufficient
    Correct
    Wrong
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Answer : 4. "Any one pair of A and B, B and C or C and A is sufficient"
Explanation :

Answer: D) Any one pair of A and B, B and C or C and A is sufficient Explanation: Let distance between A & B = d kmLet speed in still water = x kmphLet speed of current = y kmph from the given data,d/x = 2 From A) we get dFrom B) we get d/x+yFrom C) we get y   So, Any one pair of A and B, B and C or C and A is sufficient to give the answer i.e, the speed of upstream.

Q: The total sum of the goods and services produced in a country in a year, minus depreciation is called as ________. 2632 0

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    Net Domestic Product
    Correct
    Wrong
  • 2
    Gross National Income
    Correct
    Wrong
  • 3
    Gross Domestic Product
    Correct
    Wrong
  • 4
    Net National Product
    Correct
    Wrong
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Answer : 1. "Net Domestic Product"
Explanation :

Answer: A) Net Domestic Product Explanation: Gross Domestic Product :  It is the total value of all final goods and services produced within the boundary of country during the given period of time.  Gross National Product : It is the total value of the total output or production of final goods and services produced by the nationals of a country during a given period of time.  Gross National Income :  It is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP) plus factor incomes earned by foreign residents, minus income earned in the domestic economy by non-residents. Net National Product : The total value of goods produced and services provided in a country during one year, after depreciation of capital goods has been allowed for.

Q: If 15% of x = 20% of y, then x:y is  ___? 2631 0

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

Answer: A) 4:3 Explanation: Given 15% of x = 20% of y => 15x = 20y => x/y = 20/15 => x : y = 4 : 3

Q: The arithmetic mean of the following numbers 1, 2, 2, 3, 3, 3, 4, 4, 4, 4, 5, 5, 5, 5, 5, 6, 6, 6, 6, 6, 6 and 7, 7, 7, 7, 7, 7, 7 is   ? 2628 0

  • 1
    6
    Correct
    Wrong
  • 2
    9
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    5
    Correct
    Wrong
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Answer : 4. "5"
Explanation :

Answer: D) 5 Explanation: Arithmatic mean = sum/members  => (1x1 + 2x2 + 3x3 + 4x4 + 5x5 + 6x6 + 7x7) / (1 + 2 + 3 + 4 + 5 + 6 + 7) => 140/28 = 5

Q: A motorboat goes 8 km an hour in still water, but takes thrice as much time in going the same distance against the current than going with the current. Then find the speed of the current? 2628 0

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

Answer: A) 4 kmph Explanation: Let the speed of current = 'C' km/hr   Given the speed of boat in still water = 6 kmph   Let 'd' kms be the distance it covers.   According to the given data,   Boat takes thrice as much time in going the same distance against the current than going with the current   i.e, d8 - C = 3 × d8 + C   ⇒ 24 - 3C = 8 + C⇒ 4C = 16⇒ C = 4 kmph   Hence, the speed of the current C = 4 kmph.

Q: The correct order of events during meiosis is 2627 0

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    prophase I, metaphase I, anaphase I, telophase I, cytokinesis, meiosis II.
    Correct
    Wrong
  • 2
    anaphase I, telophase I, prophase I, cytokinesis, meiosis II.
    Correct
    Wrong
  • 3
    cytokinesis, metaphase I, anaphase I, telophase I,
    Correct
    Wrong
  • 4
    telophase I, prophase I, cytokinesis, meiosis II, anaphase
    Correct
    Wrong
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Answer : 1. "prophase I, metaphase I, anaphase I, telophase I, cytokinesis, meiosis II."
Explanation :

Answer: A) prophase I, metaphase I, anaphase I, telophase I, cytokinesis, meiosis II. Explanation: The correct order of events during meiosis is: prophase I, metaphase I, anaphase I, telophase I, cytokinesis, and meiosis II.

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