Bank Exams Practice Question and Answer

Q: Two persons start running simultaneously around a circular track of length 300 m from the same point at speeds of 15 km/hr and 25 km/hr. When will they meet for the first time any where on the track if they are moving in opposite directions  ? 5659 0

  • 1
    27 sec
    Correct
    Wrong
  • 2
    31 sec
    Correct
    Wrong
  • 3
    23 sec
    Correct
    Wrong
  • 4
    29 sec
    Correct
    Wrong
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Answer : 1. "27 sec"
Explanation :

Answer: A) 27 sec Explanation: Time taken to meet for the first time anywhere on the track = length of the track / relative speed = 300 / (15 + 25)5/18 = 300x 18 / 40 x 5 = 27 seconds.

Q: I. a2-7a+12 = 0, II. b2-3b+2 = 0 Solve both the equations to find the values of a and b  ? 2632 0

  • 1
    if a > b
    Correct
    Wrong
  • 2
    if a < b
    Correct
    Wrong
  • 3
    if the relationship between a and b cannot be established.
    Correct
    Wrong
  • 4
    if a ≤ b
    Correct
    Wrong
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Answer : 1. "if a > b"
Explanation :

Answer: A) if a > b Explanation: I.  (a - 3)(a - 4) = 0   => a = 3, 4   II.   (b - 2)(b - 1) = 0   => b = 1, 2   => a > b

Q: Who got the ‘Transformative Chief Minister Award’ in USIBC in 2017 ? 1589 0

  • 1
    Mr. Vijay Singh
    Correct
    Wrong
  • 2
    Mr. Suresh Babu
    Correct
    Wrong
  • 3
    Mr.Chandrababu Naidu
    Correct
    Wrong
  • 4
    Mr. Achuathanan
    Correct
    Wrong
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Answer : 3. "Mr.Chandrababu Naidu"
Explanation :

Answer: C) Mr.Chandrababu Naidu Explanation: Andhra Pradesh Chief Minister Chandrababu Naidu has been selected for the  'Transformative Chief Minister Award 2017' in recognition for his role in advancing the US-India partnership at the state level.   ii. The award by the US-India Business Council (USIBC) would be presented to Mr. Naidu during the USIBC West Coast Summit in Bengaluru (the Silicon Valley) on May 8.     iii. Last year’s recipient of this award was Amitabh Kant, CEO of Niti Aayog.

Q: Which state announced the shift of financial year from March - April to Jan - December  ? 1499 0

  • 1
    Assam
    Correct
    Wrong
  • 2
    Goa
    Correct
    Wrong
  • 3
    Kerala
    Correct
    Wrong
  • 4
    Madhya Pradesh
    Correct
    Wrong
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Answer : 4. "Madhya Pradesh"
Explanation :

Answer: D) Madhya Pradesh Explanation:

Q: What are the Golden Rules Of Accounting ? 1638 0

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Answer :
Explanation :

Golden rules of accounting convert complex book-keeping rules into a set of well defined principles which can be easily studied and applied. Real accounts involve machinery, land and building etc... Similarly when you credit what goes out, you are reducing the account balance when a tangible asset goes out of the organization. Debit All Expenses And Losses, Credit All Incomes And Gains. This rule is applied when the account in question is a nominal account. Personal-Account ---Debit the receiver ---Credit the Giver Real-Account ---Debit what comes in ---Credit what goes out Nominal-Account ---Debit all expenses and losses ---Credit all income and gains

Q: Which day is celebrated by United Nations Educational, Scientific and Cultural Organization (UNESCO) on May 3 ? 761 0

  • 1
    World Press Freedom Day
    Correct
    Wrong
  • 2
    World Health Day B. CD.
    Correct
    Wrong
  • 3
    International Yoga Day
    Correct
    Wrong
  • 4
    World Malaria Day
    Correct
    Wrong
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Answer : 1. "World Press Freedom Day"
Explanation :

Answer: A) World Press Freedom Day Explanation:

Q: Which is first city in the world to get its own Microsoft font in 2017 ? 1310 0

  • 1
    India
    Correct
    Wrong
  • 2
    Iran
    Correct
    Wrong
  • 3
    Dubai
    Correct
    Wrong
  • 4
    Iraq
    Correct
    Wrong
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Answer : 3. "Dubai"
Explanation :

Answer: C) Dubai Explanation: Dubai has become the first city in the world to get its own Microsoft font. ii. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and Chairman of the Executive Council, launched the Dubai Font recently. iii. The font, available in three styles as 'Dubai', 'Dubai Medium' and 'Dubai Light', can be in italics, underlined and bold.

Q: Define Budgetary Control ? 1590 0

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Answer :
Explanation :

Budgetary Control is establishment of budgets and the continuous comparison of actual results with the planned results. It computes the variances and after that management takes necessary actions to maintain favorable variations, through revision of the budgets.

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