Bank Exams Practice Question and Answer
8Q: Which of the following is / are fund managers for National Pension System (NPS) in 2017 ? 1850 05b5cc761e4d2b4197774fd71
5b5cc761e4d2b4197774fd71- 1Axis provident fundfalse
- 2Yes bank pension fundfalse
- 3ICICI prudential pensiontrue
- 4Punjab National provident fundfalse
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Answer : 3. "ICICI prudential pension"
Explanation :
Answer: C) ICICI prudential pension Explanation: At present in 2017, there are only seven NPS fund managers viz. HDFC Pension Fund, ICICI Prudential Pension, Kotak Pension Fund, LIC Pension Fund, Reliance Capital Pension, SBI Pension Fund and UTI Retirement Solutions.
Q: In a fractional reserve banking system 1850 05b5cc62ce4d2b4197774b948
5b5cc62ce4d2b4197774b948- 1bank accepts depositsfalse
- 2bank accepts some loansfalse
- 3bank has some cash reservesfalse
- 4All the abovetrue
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Answer : 4. "All the above"
Explanation :
Answer: D) All the above Explanation: Fractional reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.
Q: A sum is equally invested in two different schemes on CI at the rate of 15% and 20% for two years. If interest gained from the sum invested at 20% is Rs. 528.75 more than the sum invested at 15%, find the total sum? 1850 05b5cc658e4d2b4197774bde2
5b5cc658e4d2b4197774bde2- 1Rs. 7000false
- 2Rs. 4500false
- 3Rs. 9000true
- 4Rs. 8200false
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Answer : 3. "Rs. 9000"
Explanation :
Answer: C) Rs. 9000 Explanation: Let Rs. K invested in each scheme Two years C.I on 20% = 20 + 20 + 20x20/100 = 44% Two years C.I on 15% = 15 + 15 + 15x15/100 = 32.25% Now, (P x 44/100) - (P x 32.25/100) = 528.75 => 11.75 P = 52875 => P = Rs. 4500 Hence, total invested money = P + P = 4500 + 4500 = Rs. 9000.
Q: If 25% of a number is subtracted from a second number, the second number reduces to its four-sixth. What is the ratio of the first number to the second number ? 1849 05b5cc6dee4d2b4197774ea46
5b5cc6dee4d2b4197774ea46- 14:3true
- 22:3false
- 33:2false
- 45:3false
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Answer : 1. "4:3"
Explanation :
Answer: A) 4:3 Explanation: Let the numbers be p & q q-p/4 = 4q/6 => q-4q/6 = p/4 => 2q/6 = p/4 => p/q = 4/3
Q: When is International Day of Families observed ? 1849 05b5cc6dfe4d2b4197774eadf
5b5cc6dfe4d2b4197774eadf- 1May 13false
- 2May 15true
- 3May 16false
- 4May 14false
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Answer : 2. "May 15"
Explanation :
Answer: B) May 15 Explanation: 15 May. Theme of International Day of Family 2017 is “Families, education and well-being”.
Q: 1/8 as a decimal? 1849 05b5cc6a6e4d2b4197774cd6f
5b5cc6a6e4d2b4197774cd6f- 10.125true
- 20.225false
- 30.325false
- 40.425false
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Answer : 1. "0.125"
Explanation :
Answer: A) 0.125 Explanation: 1/8 to convert into decimal, Find an equivalent fraction with a denominator of a power of 10. In this case, we will use 1000. 18 x 125125 = 1251000 This can now be written as a decimal with 3 decimal places (because we have thousandths. i.e, 0.125 Hence, 18 as a decimal = 0.125
Q: What can you serve but never eat? 1849 05b5cc62ce4d2b4197774b90c
5b5cc62ce4d2b4197774b90c- Show AnswerHide Answer
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Answer :
Explanation :
A Badminton shuttle or a tennis ball.
Q: On the eve of Christmas, all the things are kept in apple-pie order. 1849 05b5cc6bae4d2b4197774d7ee
5b5cc6bae4d2b4197774d7ee- 1with neatnessfalse
- 2in perfect orderfalse
- 3in jumbled orderfalse
- 4Both A & Btrue
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Answer : 4. "Both A & B"
Explanation :
Answer: D) Both A & B Explanation:

