Bank Exams Practice Question and Answer

Q: The law of increasing opportunity costs states that 2382 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
    Correct
    Wrong
  • 2
    increases in wages cause increases in the costs of production
    Correct
    Wrong
  • 3
    costs of production increases and then decreases
    Correct
    Wrong
  • 4
    along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good
    Correct
    Wrong
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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: If MILITARY can be written as 1, 2, 3, 2, 4, 5, 6, 7 then how can TIMLI be written in that code ? 2381 0

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

Answer: D) 4, 2, 1, 3, 2 Explanation:

Q: The Ankle is a third-class lever. 2381 0

  • 1
    TRUE
    Correct
    Wrong
  • 2
    FALSE
    Correct
    Wrong
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Answer : 2. "FALSE"
Explanation :

Answer: B) FALSE Explanation: False. The ankle is not the third-class lever in the body.   Levers are typically labeled as first class, second class, or third class. All three types are found in the body, but most levers in the human body are third class. First-class levers in the human body are rare and have the axis (fulcrum) located between the weight (resistance) and the force. One example is the joint between the head and the first vertebra. In a second-class lever, the weight (resistance) is located between the axis (fulcrum) and the force. An example of a second-class lever in the human body is found in the lower leg when someone stands on tiptoes In a third-class lever, the most common in the human body, force is applied between the resistance (weight) and the axis (fulcrum). There are numerous third-class levers in the human body; one example can be illustrated in the elbow joint.

Q: A man can row 6 kmph in still water. When the river is running at 1.2 kmph, it takes him 1 hour to row to a place and back. What is the total distance traveled by the man ? 2375 0

  • 1
    4.58 kms
    Correct
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  • 2
    6.35 kms
    Correct
    Wrong
  • 3
    5.76 kms
    Correct
    Wrong
  • 4
    5.24 kms
    Correct
    Wrong
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Answer : 3. "5.76 kms"
Explanation :

Answer: C) 5.76 kms Explanation: Speed in still water = 6 kmph Stream speed = 1.2 kmph Down stream  = 7.2 kmph Up Stream = 4.8 kmph x/7.2 + x/4.8 = 1 x = 2.88 Total Distance  = 2.88 x 2 = 5.76 kms

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 ? 2374 0

  • 1
    12 pm
    Correct
    Wrong
  • 2
    1 pm
    Correct
    Wrong
  • 3
    11 am
    Correct
    Wrong
  • 4
    11:30 am
    Correct
    Wrong
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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.

Q: Here are some words translated from an artificial language. briftamint means 'militant'uftonel means 'occupied'uftonalene means 'occupation' Which word could mean "Occupant"? 2374 0

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    elamint
    Correct
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  • 2
    briftalene
    Correct
    Wrong
  • 3
    uftonamint
    Correct
    Wrong
  • 4
    elbrifta
    Correct
    Wrong
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Answer : 3. "uftonamint"
Explanation :

Answer: C) uftonamint Explanation: Brift means the root word mili; the suffix amint means the same as the English suffix –tant; the root word ufton– means occupy; el means the suffix –ied of occupied; and alene means the suffix –tion. (Because ufton means occupy, choices a, b, and d can be easily ruled out.)

Q: In what time will Rs. 1860 amount to Rs. 2641.20 at simple interest 12% per annum? 2373 0

  • 1
    2.9 years
    Correct
    Wrong
  • 2
    3.5 years
    Correct
    Wrong
  • 3
    4.2 years
    Correct
    Wrong
  • 4
    4.7 years
    Correct
    Wrong
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Answer : 2. "3.5 years"
Explanation :

Answer: B) 3.5 years Explanation: Given that Rs. 1860 will become Rs. 2641.20 at 12% => Simple Interest = 2641.20 - 1860 = Rs. 781.20 We know I = PTR/100 => 781.20 x 100 = 1860 x T x 12 => T = 78120/1860x12 => T = 78120/22320 => T = 3.5 years.

Q: A can build a wall in 16 days while B can destroy it in 8 days. A worked for 5 days. Then B joined with A for the next 2 days. Find in how many days could A build the remaining wall ? 2373 0

  • 1
    12 days
    Correct
    Wrong
  • 2
    14 days
    Correct
    Wrong
  • 3
    13 days
    Correct
    Wrong
  • 4
    16 days
    Correct
    Wrong
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Answer : 3. "13 days"
Explanation :

Answer: C) 13 days Explanation: Now, Total work = LCM(16, 8) = 48 A's one day work = + 48/16 = + 3 B's one day work = - 48/8 = -6 Given A worked for 5 days to build the wall => 5 days work = 5 x 3 = + 15 2days B joined with A in working = 2(3 - 6) = - 6 Remaining Work of building wall = 48 - (15 - 6) = 39 Now this remaining work will be done by A in = 39/3 = 13 days.

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