Bank Exams Practice Question and Answer

Q: In which year SBI was Nationalised ? 1950 0

  • 1
    1995
    Correct
    Wrong
  • 2
    1955
    Correct
    Wrong
  • 3
    1980
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 2. "1955"
Explanation :

Answer: B) 1955 Explanation: The nationalisation of banks in India took place in 1969 by Mrs. Indira Gandhi the then prime minister. It nationalised 14 banks then. These banks were mostly owned by businessmen and even managed by them. Before the steps of nationalisation of Indian banks, only State Bank of India (SBI) was nationalised. It took place in July 1955 under the SBI Act of 1955. Nationalisation of Seven State Banks of India (formed subsidiary) took place on 19th July, 1960. 1955 : Nationalisation of State Bank of India.1969 : Nationalisation of 14 major banks.1980 : Nationalisation of seven banks with deposits over 200 crores.

Q: The FDA protects the U.S public from 1949 0

  • 1
    paying too much for medicine
    Correct
    Wrong
  • 2
    medications that can form addictions
    Correct
    Wrong
  • 3
    drugs smuggled across the border
    Correct
    Wrong
  • 4
    harmful prescription and OTC medications
    Correct
    Wrong
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Answer : 4. "harmful prescription and OTC medications"
Explanation :

Answer: D) harmful prescription and OTC medications Explanation: FDA, protects the U.S. public from abuses and poor quality products from industries related to food, pharmaceuticals, cosmetics, tobacco, dietary supplements, and even veterinary products.   Hence, the FDA is suppose to protect the public from harmful prescription and OTC (over the counter) medications.

Q: A fair six-sided die is rolled twice. What is the probability of getting 4 on the first roll and not getting 6 on the second roll ? 1949 0

  • 1
    1/36
    Correct
    Wrong
  • 2
    5/36
    Correct
    Wrong
  • 3
    1/12
    Correct
    Wrong
  • 4
    1/9
    Correct
    Wrong
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Answer : 2. "5/36"
Explanation :

Answer: B) 5/36 Explanation: The two events mentioned are independent. The first roll of the die is independent of the second roll. Therefore the probabilities can be directly multiplied. P(getting first 4) = 1/6 P(no second 6) = 5/6 Therefore P(getting first 4 and no second 6) = 1/6 x 5/6 = 5/36

Q: Who buys Municipal bonds? 1948 0

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Answer :
Explanation :

The persons whose primary investing objective is to preserve capital while generating a tax-free income stream, then municipal bonds are worth considering. Municipal bonds (munis) are debt obligations issued by government entities. When you buy a municipal bond, you are loaning money to the issuer in exchange for a set number of interest payments over a predetermined period. At the end of that period, the bond reaches its maturity date, and the full amount of your original investment is returned to you.   Types of Municipal Bonds : Municipal bonds come in the following two varieties: 1. General obligation bonds (GO)2. Revenue bonds General obligation bonds, issued to raise immediate capital to cover expenses, are supported by the taxing power of the issuer. Revenue bonds, which are issued to fund infrastructure projects, are supported by the income generated by those projects.   Both types of bonds are tax exempt and particularly attractive to risk-averse investors due to the high likelihood that the issuers will repay their debts.

Q: A man whose speed is 4.5 kmph in still water rows to a certain upstream point and back to the starting point in a river which flows at 1.5 kmph, find his average speed for the total journey ? 1948 0

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

Answer: D) 4 kmph Explanation: Speed of Man = 4.5 kmphSpeed of stream = 1.5 kmphSpeed in DownStream = 6 kmphSpeed in UpStream = 3 kmphAverage Speed = (2 x 6 x 3)/9 = 4 kmph.

Q: Which of the following is a non metal that remains liquid at room temperature  ? 1946 0

  • 1
    Chlorine
    Correct
    Wrong
  • 2
    Phosphorous
    Correct
    Wrong
  • 3
    Bromine
    Correct
    Wrong
  • 4
    Helium
    Correct
    Wrong
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Answer : 3. "Bromine"
Explanation :

Answer: C) Bromine Explanation:

Q: Which must be true for metamorphism to occur? 1946 0

  • 1
    The parent rock must be in solid form.
    Correct
    Wrong
  • 2
    Tons of pressure must be applied.
    Correct
    Wrong
  • 3
    The process must take place underground.
    Correct
    Wrong
  • 4
    All the above
    Correct
    Wrong
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Answer : 4. "All the above"
Explanation :

Answer: D) All the above Explanation: Metamorphism is the change of minerals or geologic texture in pre-existing rocks, without the protolith melting into liquid magma. The change occurs primarily due to heat, pressure, and the introduction of chemically active fluids.   The parent rock must be in solid form. Tons of pressure must be applied for metamorphism to happen. The process must take place underground.

Q: Which three amendments were passed shortly after the civil war? 1946 0

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Answer :
Explanation :

The three major amendments that were passed shortly after the Civil War are the reconstruction amendments that were the 13th, 14th, and 15th amendments.   The 13th Amendment abolished slavery, The 14th granted African American citizenship and equal protection before the law, (and) The 15th Amendment attempted to secure the right to vote for newly freed slaves.

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