Bank Exams Practice Question and Answer

Q: P is 30% more efficient than Q. How much time will they, working together, take to complete a job which P alone could have done in 23 days? 1967 0

  • 1
    16 days
    Correct
    Wrong
  • 2
    13 days
    Correct
    Wrong
  • 3
    15 days
    Correct
    Wrong
  • 4
    12 days
    Correct
    Wrong
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Answer : 2. "13 days"
Explanation :

Answer: B) 13 days Explanation: Ratio of times taken by P & Q = 100 : 130 = 10:13   Let Q takes x days to do the work Then, 10:13 :: 23:x => x = 23x13/10 => x = 299/10   P's 1 day's work = 1/23 Q's 1 day's work = 10/299 (P+Q)'s 1 day's work = (1/23 + 10/299) = 23/299 = 1/13 Hence, P & Q together can complete the work in 13 days.

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 ? 1966 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: Can you Solve the Problem ? 1966 0

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Answer :
Explanation :

Let the two digits be x & y From given data in the question, we get x + y = 3(x - y) x + y = 3x - 3y => 2x = 4y x/y = 2/1 For having the 2:1, numbers satisfying are 12, 21, 24, 42, 36, 63, 48, 84 From this 36 is eleminated because it is a perfect square and no others are prime or perfect squares. Hence, there exists 7 such 2-digit numbers => 12, 21, 24, 42, 63, 48, 84.

Q: What is 70 of 50? 1966 0

  • 1
    35
    Correct
    Wrong
  • 2
    38
    Correct
    Wrong
  • 3
    42
    Correct
    Wrong
  • 4
    44
    Correct
    Wrong
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Answer : 1. "35"
Explanation :

Answer: A) 35 Explanation: what is 70 of 50 means 70% of 50   ⇒70 x 50100= 7 x 5= 35   Hence, 70 of 50 is 35.

Q: K can lay Highway road between two cities in 16 days. L can do the same job in 12 days. With the help of M, they completes the job in 4 days. How much days does it take for M alone to complete the work ? 1965 0

  • 1
    47/7 days
    Correct
    Wrong
  • 2
    59/6 days
    Correct
    Wrong
  • 3
    48/5 days
    Correct
    Wrong
  • 4
    57/5 days
    Correct
    Wrong
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Answer : 3. "48/5 days"
Explanation :

Answer: C) 48/5 days Explanation: Amount of work K can do in 1 day = 1/16 Amount of work L can do in 1 day = 1/12 Amount of work K, L and M can together do in 1 day = 1/4 Amount of work M can do in 1 day = 1/4 - (1/16 + 1/12) = 3/16 – 1/12 = 5/48 => Hence M can do the job on 48/5 days = 9 (3/5) days

Q: What was the topic of the book 'The Other America'? 1965 0

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    Poverty was widespread in America.
    Correct
    Wrong
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    Education was lacking in America.
    Correct
    Wrong
  • 3
    Racism was widespread in America.
    Correct
    Wrong
  • 4
    Americans needed more highways.
    Correct
    Wrong
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Answer : 1. "Poverty was widespread in America."
Explanation :

Answer: A) Poverty was widespread in America. Explanation: The book "The Other America" was written by Michael Harrington. The topic of the book 'The Other America' was Poverty was widespread in America.

Q: If two line pa + b = 2 and 3a + b = 4 are parallel to each other, then what is the value of p ? 1964 0

  • 1
    1
    Correct
    Wrong
  • 2
    2
    Correct
    Wrong
  • 3
    3
    Correct
    Wrong
  • 4
    4
    Correct
    Wrong
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Answer : 3. "3"
Explanation :

Answer: C) 3 Explanation: Given two lines are parallel pa+b=2 b=-pa+2..........(1) 3a+b=4 b=-3a+4 ...........(2) m1 = -p m2= -3 The condition for the two lines to be parallel is m1=m2 p = 3

Q: What do lines of latitude measure? 1964 0

  • 1
    east-west position between the poles
    Correct
    Wrong
  • 2
    north-south position between the poles
    Correct
    Wrong
  • 3
    north-east position between the poles
    Correct
    Wrong
  • 4
    south-west position between the poles
    Correct
    Wrong
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Answer : 2. "north-south position between the poles"
Explanation :

Answer: B) north-south position between the poles Explanation: Lines of latitude measure north-south position between the poles.   Lines of latitude are imaginary reference lines that describe how far north or south a location on the Earth is from the Equator. The equator is defined as 0 degrees, the North Pole is 90 degrees north, and the South Pole is 90 degrees south. Lines of latitude are all parallel to each other, thus they are often referred to as parallels.

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