Bank Exams Practice Question and Answer

Q: What element is found in all organic compounds? 1810 0

  • 1
    Hydrogen
    Correct
    Wrong
  • 2
    Calcium
    Correct
    Wrong
  • 3
    Nitrogen
    Correct
    Wrong
  • 4
    Carbon
    Correct
    Wrong
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Answer : 4. "Carbon"
Explanation :

Answer: D) Carbon Explanation: Carbon is found in all organic compounds.

Q: Who formulates fiscal policy in India? 1810 0

  • 1
    Ministry of Finance
    Correct
    Wrong
  • 2
    Reserve Bank of India
    Correct
    Wrong
  • 3
    Securities and Exchange Board of India (SEBI)
    Correct
    Wrong
  • 4
    Finance Commission
    Correct
    Wrong
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Answer : 1. "Ministry of Finance"
Explanation :

Answer: A) Ministry of Finance Explanation: In India, Fiscal Policy is formulated by the Ministry of Finance.   Fiscal policy is playing an important role on the economic and social front of a country. Traditionally, fiscal policy is concerned with the determination of state income and expenditure policy. But with the passage of time, the importance of fiscal policy has been increasing continuously for attaining rapid economic growth. An effective fiscal policy is composed of policy decisions relating to the entire financial structure of the government including tax revenue, public expenditures, loans, transfers, debt management, budgetary deficit, etc.

Q: ' The Sikhs of New York ' organised the " Turban Day " at Times Square on which date? 1810 0

  • 1
    March 15, 2017
    Correct
    Wrong
  • 2
    April 11, 2017
    Correct
    Wrong
  • 3
    March 14, 2017
    Correct
    Wrong
  • 4
    April 15, 2017
    Correct
    Wrong
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Answer : 4. "April 15, 2017"
Explanation :

Answer: D) April 15, 2017 Explanation:

Q: How many seconds will a 800 meter long train moving with a speed of 63 km/hr take to cross a man walking with a speed of 3 km/hr in the direction of the train ? 1810 0

  • 1
    48
    Correct
    Wrong
  • 2
    52
    Correct
    Wrong
  • 3
    38
    Correct
    Wrong
  • 4
    42
    Correct
    Wrong
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Answer : 1. "48"
Explanation :

Answer: A) 48 Explanation: Here distance d = 800 mts speed s = 63 - 3 = 60 kmph = 60 x 5/18 m/s time t = 800x1860x5= 48 sec.

Q: The average age of 80 boys in a class is 15. The average age of group of 15 boys in the class is 16 and the average of another 25 boys in the class is 14. What is the average age of the remaining boys in the class ? 1810 0

  • 1
    12.24 yrs
    Correct
    Wrong
  • 2
    13.25 yrs
    Correct
    Wrong
  • 3
    16 yrs
    Correct
    Wrong
  • 4
    15.25 yrs
    Correct
    Wrong
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Answer : 4. "15.25 yrs"
Explanation :

Answer: D) 15.25 yrs Explanation: Total ages of 80 boys = 15 x 80 = 1200 yrs.Total age of 16 boys = 15 x 16 = 240 yrsTotal age of 25 boys = 14 x 25 = 350 yrs.Average age of remaining boys = 1200 - (240+350) / 80 - (25+15) = 610/41 = 15.25 yrs.

Q: 'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ? 1809 0

  • 1
    Nil Accounting Variation
    Correct
    Wrong
  • 2
    New Asset Venture
    Correct
    Wrong
  • 3
    Net Accounting Venture
    Correct
    Wrong
  • 4
    Net Asset Value
    Correct
    Wrong
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Answer : 4. "Net Asset Value"
Explanation :

Answer: D) Net Asset Value Explanation: Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

Q: In how many different ways can the letters of the word 'ABYSMAL' be arranged ? 1809 0

  • 1
    5040
    Correct
    Wrong
  • 2
    3650
    Correct
    Wrong
  • 3
    4150
    Correct
    Wrong
  • 4
    2520
    Correct
    Wrong
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Answer : 4. "2520"
Explanation :

Answer: D) 2520 Explanation: Total number of letters in the word ABYSMAL are 7   Number of ways these 7 letters can be arranged are 7! ways   But the letter is repeated and this can be arranged in 2! ways   Total number of ways arranging ABYSMAL = 7!/2! = 5040/2 = 2520 ways.

Q: Where was India's first F1 circuit built? 1809 0

  • 1
    Jaipur
    Correct
    Wrong
  • 2
    Coimbatore
    Correct
    Wrong
  • 3
    Noida
    Correct
    Wrong
  • 4
    Chennai
    Correct
    Wrong
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Answer : 3. "Noida"
Explanation :

Answer: C) Noida Explanation: Fi circuit refers to Formula One, is the highest class of open-wheeled auto racing defined by FIA, motorsport's world governing body.   The Buddh International Circuit is an Indian motor racing circuit in Greater Noida, Uttar Pradesh was India's first F1 circuit.

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