Bank Exams Practice Question and Answer

Q: When referring to student loans what is a grace period? 2009 0

  • 1
    6 months
    Correct
    Wrong
  • 2
    12 months
    Correct
    Wrong
  • 3
    18 months
    Correct
    Wrong
  • 4
    24 months
    Correct
    Wrong
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Answer : 1. "6 months"
Explanation :

Answer: A) 6 months Explanation: 6 months after graduating or quitting school when you have to start paying back the loans.   A grace period is one term that’s provided for student loans that allow you to delay payments up to a certain length of time, without penalty. During a grace period no late charges would apply, and the loan would not risk falling into default for missed payments. The grace period allows you time to find financial stability prior to having to make payments on your student loans.   Many students use student loans to help pay for their college expenses, including tuition, books, room and board, and other living expenses. Students are expected to repay these loans when they graduate.

Q: India derives its name from 2009 0

  • 1
    The Hindus
    Correct
    Wrong
  • 2
    The Aryans
    Correct
    Wrong
  • 3
    Indus River
    Correct
    Wrong
  • 4
    Lord Indra
    Correct
    Wrong
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Answer : 3. "Indus River"
Explanation :

Answer: C) Indus River Explanation: The name India is originally derived from the name of the river Sindhu (Indus River).

Q: What percent of a day is 3 hours? 2009 0

  • 1
    14.9%
    Correct
    Wrong
  • 2
    12.5%
    Correct
    Wrong
  • 3
    15.6%%
    Correct
    Wrong
  • 4
    11.4%
    Correct
    Wrong
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Answer : 2. "12.5%"
Explanation :

Answer: B) 12.5% Explanation: Let p% of a day is 3 hrs. We know that a day has 24 hrs. => p x 24/100 = 3 => p = 300/24 => p = 12.5%   Hence, 3 hrs is 12.5% of a day.

Q: State funding of elections takes place in 2008 0

  • 1
    Germany and Austria
    Correct
    Wrong
  • 2
    USA and Canada
    Correct
    Wrong
  • 3
    France and Italy
    Correct
    Wrong
  • 4
    Britain and Switzerland
    Correct
    Wrong
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Answer : 1. "Germany and Austria"
Explanation :

Answer: A) Germany and Austria Explanation:

Q: The threshold limit upto which coins can be issued as per the Coinage Act 2011 ? 2008 0

  • 1
    100
    Correct
    Wrong
  • 2
    200
    Correct
    Wrong
  • 3
    500
    Correct
    Wrong
  • 4
    1000
    Correct
    Wrong
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Answer : 4. "1000"
Explanation :

Answer: D) 1000 Explanation:

Q: who was the first non-human to win an Oscar? 2008 0

  • 1
    Pussycat
    Correct
    Wrong
  • 2
    Mickey Mouse
    Correct
    Wrong
  • 3
    Ninja
    Correct
    Wrong
  • 4
    Bender
    Correct
    Wrong
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Answer : 2. "Mickey Mouse"
Explanation :

Answer: B) Mickey Mouse Explanation: Mickey Mouse was the first non-human to win an Oscar in 1932. Walt Disney won the first of his many Oscars for the creation of Mickey Mouse.

Q: Is CST applicable on freight charges? 2008 0

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Answer :
Explanation :

CST is not payable on outward freight (if charged separately) and outward insurance if property in goods passes to buyer at the time of despatch.   It means that Sale price does not include Freight charges will not attract CST when shown separately in they Invoice. But goods & freight show in one invoice CST will attractive.

Q: An object that has kinetic energy must be 2004 0

  • 1
    At an elevated position
    Correct
    Wrong
  • 2
    Falling
    Correct
    Wrong
  • 3
    At rest
    Correct
    Wrong
  • 4
    Moving
    Correct
    Wrong
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Answer : 4. "Moving"
Explanation :

Answer: D) Moving Explanation: In physics, we know that the kinetic energy of an object is the energy that it possesses due to its motion. It is defined as the work needed to accelerate a body of a given mass from rest to its stated velocity. Hence, An object that has kinetic energy must be in motion i.e, moving.

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