Bank Exams Practice Question and Answer

Q: A motorboat can go 10 miles downstream on a river in 20 min. It takes 30 min for this boat to go back at the same 10 miles. Find the speed of the current ? 2431 0

  • 1
    8 m/h
    Correct
    Wrong
  • 2
    5 m/h
    Correct
    Wrong
  • 3
    7 m/h
    Correct
    Wrong
  • 4
    6 m/h
    Correct
    Wrong
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Answer : 2. "5 m/h"
Explanation :

Answer: B) 5 m/h Explanation: As the distance travelled is constant, the time taken is inversely proportional to speed. Let 'u' be the speed of the current and 'v' be the speed of the boat. Speed of the boat downstream = v + u & upstream = v - u => v+u/v-u = 30/20 => v/u = 5 => v = 5u => v + u = 6u = 10/20/60 miles/hr => 6u = 30 m/h => u = 5 m/h

Q: Which of the following is not a function of saliva? 2431 0

  • 1
    contains fluoride to harden the tooth enamel
    Correct
    Wrong
  • 2
    moistens food and helps stick it together to make it easier to swallow
    Correct
    Wrong
  • 3
    begins the chemical breakdown of starches
    Correct
    Wrong
  • 4
    helps clean the mouth
    Correct
    Wrong
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Answer : 1. "contains fluoride to harden the tooth enamel"
Explanation :

Answer: A) contains fluoride to harden the tooth enamel Explanation: Saliva is produced by the salivary gland which helps in food digestion.   Option A) contains fluoride to harden the tooth enamel is not the function of saliva.

Q: Tides are primarily a result of the  ____ ? 2430 0

  • 1
    Attraction of the Moon
    Correct
    Wrong
  • 2
    Farrel's law
    Correct
    Wrong
  • 3
    Ocean Currents
    Correct
    Wrong
  • 4
    Earth's pressure system
    Correct
    Wrong
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Answer : 1. "Attraction of the Moon"
Explanation :

Answer: A) Attraction of the Moon Explanation:

Q: Which payment type can help you stick to a budget? 2430 0

  • 1
    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: Who has been elected as the first woman chairman of Indian Bank's Association (IB 2429 0

  • 1
    ? A) Usha Ananthasubramanian
    Correct
    Wrong
  • 2
    Shikha Sharma
    Correct
    Wrong
  • 3
    Kaku Nakhate
    Correct
    Wrong
  • 4
    A) Usha Ananthasubramanian B) Shikha Sharma C) Kaku Nakhate D)
    Correct
    Wrong
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Answer : 1. "? A) Usha Ananthasubramanian"
Explanation :

Answer: A) Usha Ananthasubramanian Explanation:

Q: A distinguishing feature of managerial accounting is 2429 0

  • 1
    general-purpose reports
    Correct
    Wrong
  • 2
    very detailed reports
    Correct
    Wrong
  • 3
    quarterly and annual reports
    Correct
    Wrong
  • 4
    external users
    Correct
    Wrong
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Answer : 2. "very detailed reports"
Explanation :

Answer: B) very detailed reports Explanation: Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information for the pursuit of an organization's goals. This branch of accounting is also known as cost accounting.   Hence, the distinguishing feature of managerial accounting is very detailed reports.

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 ? 2428 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: Sonika invested an amount of Rs.5800 for 2 years. At what rate of compound interest will she get an amount of Rs.594.50 at the end of 2 years ? 2428 0

  • 1
    6.5%
    Correct
    Wrong
  • 2
    6%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    4.5%
    Correct
    Wrong
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Answer : 3. "5%"
Explanation :

Answer: C) 5% Explanation: C.I = P1+r100t-1   594.5 = 58001+r1002-1  594.55800+1=1+r1002   r100=1.05-1=0.05=> r = 5 % .

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