Bank Exams Practice Question and Answer
8Q: The compound interest accrued on an amount of Rs.25,500 at the end of three years is Rs.8,440.5. What would be the simple interest accrued on the same amount at the same rate in the same period? 1916 05b5cc7c9e4d2b41977750e63
5b5cc7c9e4d2b41977750e63- 1Rs.4,650false
- 2Rs.5,650false
- 3Rs.6,650false
- 4Rs.7,650true
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Answer : 4. "Rs.7,650"
Explanation :
Answer: D) Rs.7,650 Explanation:
Q: Jio is a big shot at reducing the cost of Internet access in India. The U.S., despite being the richest country in the world, lags far behind in terms of cost and penetration of Internet access. Cheap access to the Internet is an important step in bridging the access gap – access to good education, good healthcare, etc. But the market reaction to Jio is similar to the U.S. market’s reaction to firms announcing their intention to diversify. ( 1916 05b5cc6ace4d2b4197774d0a0
5b5cc6ace4d2b4197774d0a0- 1The final group of losers is the current shareholders of RIL. On announcement of Jio, the stock price of RIL fell. (false
- 2It shows that the market’s short-term reaction is usually proven correct in the long-run. (false
- 3On losing end, the first groups of losers are the shareholders of other telecom companies. (false
- 4The large amount of revenue the Government of India gets from auctioning off the nation’s natural resources is not necessarily a good thing because the Government does not have a stellar track record when it comes to spending the money. A large fraction of Government spending is wasted. (E) The second loser is the Government of India. The big money the Indian Government was raking in selling cellular bandwidth was actually coming from the pockets of the cellular consumers. (F) The first obvious winners of this scheme are customers. (G) The second winner is Mr. Ambani; he can potentially make a lasting impact as the man who brought Internet to millions of Indians. Question: Which of the following supports the decision of other companies opposing Reliance JIO Scheme?true
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Answer : 4. "The large amount of revenue the Government of India gets from auctioning off the nation’s natural resources is not necessarily a good thing because the Government does not have a stellar track record when it comes to spending the money. A large fraction of Government spending is wasted.
(E) The second loser is the Government of India. The big money the Indian Government was raking in selling cellular bandwidth was actually coming from the pockets of the cellular consumers.
(F) The first obvious winners of this scheme are customers.
(G) The second winner is Mr. Ambani; he can potentially make a lasting impact as the man who brought Internet to millions of Indians.
Question:
Which of the following supports the decision of other companies opposing Reliance JIO Scheme?"
Explanation :
Answer: D) Both C & E Explanation: As the arguments C and E states that other companies are on the losing end with this scheme, it is the only appropriate answer to this question.
Q: Find the compound interest on Rs. 2680 at 8% per annum for 2 years ? 1916 05b5cc6b4e4d2b4197774d4de
5b5cc6b4e4d2b4197774d4de- 1Rs. 664.21false
- 2Rs. 548.68false
- 3Rs. 445.95true
- 4Rs. 692.57false
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Answer : 3. "Rs. 445.95"
Explanation :
Answer: C) Rs. 445.95 Explanation: We know Compound Interest = C.I. = P1+r100t - 1 Here P = 2680, r = 8 and t = 2 C.I. = 26801 + 81002-1= 268027252-12= 26802725+12725-1= 2680 5225×225 = (2680 x 52 x 2)/625 = 445.95 Compound Interest = Rs. 445.95
Q: How many daughter cells are produced in mitosis? 1915 05b5cc65ee4d2b4197774be31
5b5cc65ee4d2b4197774be31- 12true
- 24false
- 38false
- 4Nonefalse
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Answer : 1. "2"
Explanation :
Answer: A) 2 Explanation: In Mitosis, one parent cell divides into 2 daughter cells with identical chromosomal number. However, in Meiosis, one diploid parent cell divides into 4 haploid daughter cells.
Q: What is the currency of Singapore? 1915 05b5cc6bfe4d2b4197774da51
5b5cc6bfe4d2b4197774da51- 1Kronefalse
- 2Dollartrue
- 3Tengefalse
- 4Poundfalse
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Answer : 2. "Dollar"
Explanation :
Answer: B) Dollar Explanation:
Q: Indian-American girl won 2017 Young Scientist Challenge for water contamination detection device. What is her name ? 1915 05b5cc6c1e4d2b4197774db28
5b5cc6c1e4d2b4197774db28- 1Kavita Kumarifalse
- 2Gitanjali Raotrue
- 3Hetal Raofalse
- 4Savita Sharmafalse
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Answer : 2. "Gitanjali Rao"
Explanation :
Answer: B) Gitanjali Rao Explanation: Gitanjali Rao, an 11-year-old Indian-American schoolgirl, was named as "America’s top young scientist" for inventing a cost-effective, quick lead-contamination detector in water. The seventh-grade student was inspired by the large-scale lead contamination in water in Flint, Michigan, that came to light recently.
Q: The G-7 is a group consisting of ? 1914 05b5cc6d5e4d2b4197774e5f2
5b5cc6d5e4d2b4197774e5f2- 1the heads of the states of US, UK, France, Germany, Italy, Canada and Japanfalse
- 2the heads of the states of US, UK, France, Germany, Russia, Italy and Japanfalse
- 3the finance ministers of US, UK, France, Germany, Italy, Canada and Japantrue
- 4the heads of the states of US, UK, France, Germany, Russia, Canada and Japanfalse
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Answer : 3. "the finance ministers of US, UK, France, Germany, Italy, Canada and Japan"
Explanation :
Answer: C) the finance ministers of US, UK, France, Germany, Italy, Canada and Japan Explanation: The finance ministers of US, UK, France, Germany, Italy, Canada and Japan is called as G-7 group.
Q: Which country's Parliament became first in the world to run fully on solar energy ? 1914 05b5cc6d5e4d2b4197774e5fc
5b5cc6d5e4d2b4197774e5fc- 1Japanfalse
- 2Pakistantrue
- 3Chinafalse
- 4Myanmarfalse
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Answer : 2. "Pakistan"
Explanation :
Answer: B) Pakistan Explanation: