Bank Exams Practice Question and Answer

Q: What is true about economic resources? 1722 0

  • 1
    Economic resources are limited.
    Correct
    Wrong
  • 2
    Economic resources are always controlled by the government.
    Correct
    Wrong
  • 3
    Economic resources include only money.
    Correct
    Wrong
  • 4
    Economic resources exist only at the individual level.
    Correct
    Wrong
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Answer : 1. "Economic resources are limited."
Explanation :

Answer: A) Economic resources are limited. Explanation: Economic resources are those goods and services that can be converted into valuable products for individual and business purposes. There are four major types of economic resources: 1. land, 2. labor, 3. capital and 4. entrepreneurship.   Land and labor are natural and human resources, while capital means physical resources or money. Entrepreneurship converts these resources into usable goods.   However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

Q: if 15% of (A+B) = 25% of (A-B), then what percent of B is equal to A? 1721 0

  • 1
    10%
    Correct
    Wrong
  • 2
    60%
    Correct
    Wrong
  • 3
    200%
    Correct
    Wrong
  • 4
    400%
    Correct
    Wrong
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Answer : 4. " 400%"

Q: Replace each letter for a unique digit so that the equation is correct 1721 0

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Answer :
Explanation :

(1+9+6+8+3) x (1+9+6+8+3) x (1+9+6+8+3) = 19683

Q: What is a Common Multiple? 1721 0

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Answer :
Explanation :

If the Multiples for two or more numbers which are Common, then those Multiples are said to be Common Multiples.    For Example : Multiples of 3 are 3, 6, 9, 12, 15, 18, 21, 24, 27, 30,... Multiples of 5 are 5, 10, 15, 20, 25, 30,... Here common multiples of 3 & 5 upto 30 are 15, 30.

Q: In a fractional reserve banking system 1721 0

  • 1
    bank accepts deposits
    Correct
    Wrong
  • 2
    bank accepts some loans
    Correct
    Wrong
  • 3
    bank has some cash reserves
    Correct
    Wrong
  • 4
    All the above
    Correct
    Wrong
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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: Which process removes carbon dioxide from the atmosphere? 1720 0

  • 1
    Combustion
    Correct
    Wrong
  • 2
    Photosynthesis
    Correct
    Wrong
  • 3
    Respiration
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 2. "Photosynthesis"
Explanation :

Answer: B) Photosynthesis Explanation: Photosynthesis process removes carbon dioxide from the atmosphere. Green plants remove carbon dioxide from the atmosphere by photosynthesis.  The level of carbon dioxide in the atmosphere is maintained by several processes, including photosynthesis, respiration and combustion.

Q: Dhruv Sharma Who Died in July 2017 Belongs To Which Field ? 1720 0

  • 1
    Politics
    Correct
    Wrong
  • 2
    Acting
    Correct
    Wrong
  • 3
    Photography
    Correct
    Wrong
  • 4
    Music
    Correct
    Wrong
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Answer : 2. "Acting"
Explanation :

Answer: B) Acting Explanation:

Q: Which of the following elements is a metalloid? 1720 0

  • 1
    arsenic
    Correct
    Wrong
  • 2
    boron
    Correct
    Wrong
  • 3
    antimony
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 4. "All of the above"
Explanation :

Answer: D) All of the above Explanation: A metalloid is any chemical element which has properties in between those of metals and nonmetals, or that has a mixture of them. The six commonly recognised metalloids are boron, silicon, germanium, arsenic, antimony, and tellurium.

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