Bank Exams Practice Question and Answer

Q: The total sum of the goods and services produced in a country in a year, minus depreciation is called as ________. 2254 0

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    Net Domestic Product
    Correct
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    Gross National Income
    Correct
    Wrong
  • 3
    Gross Domestic Product
    Correct
    Wrong
  • 4
    Net National Product
    Correct
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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: Find out which of the figures (1), (2), (3) and (4) can be formed from the pieces given in figure (X). 2252 0

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

Answer: D) 2 Explanation:

Q: A circular piece of thin wire is converted into a rhombus of side 11 cm. Find the diameter of the circular piece? 2251 0

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    28 cm
    Correct
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    3.5 cm
    Correct
    Wrong
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    7 cm
    Correct
    Wrong
  • 4
    14 cm
    Correct
    Wrong
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Answer : 4. "14 cm"
Explanation :

Answer: D) 14 cm Explanation: Circular piece is 4 x 11 = 44 cm long, Then Circumference of circle is given by, 44 = pi x D, where D is the diameter D = 44 / pi Take pi = 22 / 7, then D = 44 / (22/7) = (44 x 7) / 22 D = 14 cm.

Q: The law of increasing opportunity costs states that 2249 0

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    along a production possibilites curve, increases in the production of one good make the production of that good easier and easier
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    increases in wages cause increases in the costs of production
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    costs of production increases and then decreases
    Correct
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    along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good
    Correct
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Answer : 4. "along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good"
Explanation :

Answer: D) along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good Explanation: Opportunity cost is the cost of what you are giving up to do what you are currently doing. If you can either go to work or go to the beach, and you choose to work, the opportunity cost of working is the value you would have gotten had you gone to the beach.   The law of increasing opportunity costs states that as you increase production of one good, the opportunity cost to produce an additional good will increase.

Q: The first Progressives felt called to action by 2249 0

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    Unsafe food processing
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    Dangerous working conditions
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    Crowded tenements
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    All of the above
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Answer : 4. "All of the above"
Explanation :

Answer: D) All of the above Explanation: The Progressive Movement: Today, you hear the term ''progressive'' discussed a lot in politics, but progressivism is not a new concept. It was first used to describe policies and interventions of the late 19th to early 20th century, by reformers who felt the need for societal changes. The first Progressives felt called to action in response to the conditions of poverty, inequality, and corruption that were pervasive during the 19th century.

Q: Who began public health and sanitation systems? 2248 0

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    Mexicans
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    Egyptians
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    Romans
    Correct
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    Chinese
    Correct
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Answer : 3. "Romans"
Explanation :

Answer: C) Romans Explanation: Romans (753 BC - AD 410) began public health and sanitation systems.   Romans established the first public health and sanitation systems by building sewers and aqueducts. They also treated diseases with diet, exercise and meditation.

Q: Clarence Pine Top Smith played what style of piano? 2248 0

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    Mozart
    Correct
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    Boogie - Woogie
    Correct
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    Beethoven
    Correct
    Wrong
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    Liszt
    Correct
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Answer : 2. "Boogie - Woogie"
Explanation :

Answer: B) Boogie - Woogie Explanation: Pine Top Smith (1899-1929) Considered to be the originator of the Boogie -Woogie style of piano playing.

Q: K is 50% faster than L. If L starts at 9 A.M. and K starts at 10 A.M. L travels at a speed of 50 km/hr. If L and K are 300 kms apart, The time when they meet when they travel in opposite direction is ? 2247 0

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    12 pm
    Correct
    Wrong
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    1 pm
    Correct
    Wrong
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    11 am
    Correct
    Wrong
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    11:30 am
    Correct
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Answer : 1. "12 pm"
Explanation :

Answer: A) 12 pm Explanation: let 't' be the time after which they met since L starts. Given K is 50% faster than L 50 t + 1.5*50(t-1) = 300 50 t +75 t = 300 + 75 t = 375 / 125 = 3 hrs past the time that L starts So they meet at (9 + 3)hrs = 12:00 noon.

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