Bank Exams Practice Question and Answer

Q: Shamma lends Rs.40,000 to two of her friends. She gives Rs.24,000 to the first at 8% p.a. simple interest. Shamma wants to make a profit of 10% on the whole. The simple interest rate at which she should lend the remaining sum of money to the second friend is: 2221 0

  • 1
    13%
    Correct
    Wrong
  • 2
    8.5%
    Correct
    Wrong
  • 3
    9.5%
    Correct
    Wrong
  • 4
    11.25%
    Correct
    Wrong
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Answer : 1. "13%"
Explanation :

Answer: A) 13% Explanation: The ratio of money she lended is 24000 : 16000 = 3 : 2 Let the rate of interest be R%   8%                   R%                 10   3          :           2   R = 13%.

Q: The primary Economic function of the Financial system is to 2218 0

  • 1
    Providing experts advice to investors and savers
    Correct
    Wrong
  • 2
    Match one person's savings with another person's investment
    Correct
    Wrong
  • 3
    Keeping interest rates low
    Correct
    Wrong
  • 4
    Match one person's consumpion expenditure with another person's capital expenditure
    Correct
    Wrong
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Answer : 2. "Match one person's savings with another person's investment"
Explanation :

Answer: B) Match one person's savings with another person's investment Explanation: The primary Economic function of the Financial system is to match one person's savings with another person's investment. As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner. They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities. These financial services help to make the overall economy more efficient.

Q: Which city is known as "Queen of Arabian Sea"  ? 2216 0

  • 1
    Vizag
    Correct
    Wrong
  • 2
    Kakinada
    Correct
    Wrong
  • 3
    Mumbai
    Correct
    Wrong
  • 4
    Kochi
    Correct
    Wrong
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Answer : 4. "Kochi"
Explanation :

Answer: D) Kochi Explanation:

Q: Pollination by wind is called 2215 0

  • 1
    Hydrophily
    Correct
    Wrong
  • 2
    Entomophily
    Correct
    Wrong
  • 3
    Anemophily
    Correct
    Wrong
  • 4
    Zoophily
    Correct
    Wrong
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Answer : 3. "Anemophily"
Explanation :

Answer: C) Anemophily Explanation: Pollination by wind is called Anemophily or Wind pollination. The process of the transfer of pollen from one individual plant to another, whereby the pollen is carried by air currents is called Anemophily.   Almost all gymnosperms (Non-flowering plants) are anemophilous, as are many plants in the order Poales, including grasses, sedges and rushes.

Q: In a test, minimum passing percentage for girls and boys is 35% and 40% respectively. A boy scored 483 marks and failed by 117 marks. What is the minimum passing marks for girls ? 2214 0

  • 1
    625
    Correct
    Wrong
  • 2
    525
    Correct
    Wrong
  • 3
    425
    Correct
    Wrong
  • 4
    325
    Correct
    Wrong
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Answer : 2. "525"
Explanation :

Answer: B) 525 Explanation: Given 40% minimum passing marks for boys = 483 + 117 = 600=> 1% = 600/40 => 100% = 600 x 100/40 = 1500Minimum passing marks for girls = 35% of 1500 = 35 x 1500/100 = 525.

Q: What are three characteristics of the agricultural revolution? 2213 0

  • 1
    Farmers learned to control water through wells and canals
    Correct
    Wrong
  • 2
    New tools made it possible for more crops to be grown
    Correct
    Wrong
  • 3
    Crop rotation was invented, making it harder on soil
    Correct
    Wrong
  • 4
    All the above
    Correct
    Wrong
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Answer : 4. "All the above"
Explanation :

Answer: D) All the above Explanation:

Q: Five boys are sitting in a circle. Ajay is between Ramesh and Damanik. Suleman is left to Vikas.Ramesh is left to Suleman. Who is sitting immediate right to Ajay? 2213 0

  • 1
    Suleman
    Correct
    Wrong
  • 2
    Damanik
    Correct
    Wrong
  • 3
    Vikas
    Correct
    Wrong
  • 4
    Ramesh
    Correct
    Wrong
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Answer : 4. "Ramesh"
Explanation :

Answer: D) Ramesh Explanation:

Q: I am the mother of three children. Can you find my Age ? 2213 0

  • 1
    27
    Correct
    Wrong
  • 2
    36
    Correct
    Wrong
  • 3
    24
    Correct
    Wrong
  • 4
    32
    Correct
    Wrong
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Answer : 1. "27"
Explanation :

Answer: A) 27 Explanation: From the given conditions , only A = 27 yrs satisfies.

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