Bank Exams Practice Question and Answer

Q: A person's present age is two-fifth of the age of his mother. After 8 years, he will be one-half of the age of his mother. How old is the mother at present ? 1615 0

  • 1
    36 yrs
    Correct
    Wrong
  • 2
    38 yrs
    Correct
    Wrong
  • 3
    40 yrs
    Correct
    Wrong
  • 4
    42 yrs
    Correct
    Wrong
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Answer : 3. "40 yrs"
Explanation :

Answer: C) 40 yrs Explanation: Let the mother's present age be x years. Then, the person's present age = 2/5 x years. (2x/5 + 8) = 1/2 (x + 8) 2(2x + 40) = 5(x + 8) => x = 40.

Q: Explain the difference between Template and Table ? 1615 0

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Answer :
Explanation :

The difference between the table and template is that, table is a dynamic and template is a static.

Q: The yield to maturity on a discount bond is 1615 0

  • 1
    equal to both the coupon rate / current yeild
    Correct
    Wrong
  • 2
    less than the current yeild but greater than the coupon rate
    Correct
    Wrong
  • 3
    greater than both the coupon rate / current yeild
    Correct
    Wrong
  • 4
    equal to the current yeild but greater than the coupon rate
    Correct
    Wrong
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Answer : 1. "equal to both the coupon rate / current yeild"
Explanation :

Answer: A) equal to both the coupon rate / current yeild Explanation: Yield to maturity is a concept for fixed rate bonds and is the internal rate of return i.e. the rate at which future flows are discounted on a compound basis to give the present value of the bond including accrued interest.

Q: 6 divided by 2(1 + 2) = 1615 0

  • 1
    1
    Correct
    Wrong
  • 2
    0
    Correct
    Wrong
  • 3
    9
    Correct
    Wrong
  • 4
    Can't be determined
    Correct
    Wrong
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Answer : 3. "9"
Explanation :

Answer: C) 9 Explanation: The given expression can be simplified as 6 ÷ 2 (1 + 2) The expression can be simplified further by the order of operations, using BODMAS rule.   First evaluate Parentheses/Brackets, then evaluate Exponents/Orders, then evaluate Multiplication-Division, and finally evaluate Addition-Subtraction.   Now, the expression becomes 6 ÷ 2 (3)   According to the order of operations, division and multiplication have the same precedence, so the correct order is to evaluate from left to right. First take 6 and divide it by 2, and then multiply by 3. 6 ÷ 2 × 3 = 3 × 3 = 9 But not  6÷2×3 = 6 ÷ 6 = 1     Hence, 6 ÷ 2 (1 + 2) = 9.

Q: Which country have declared 2020 'Unique Year for Space Sector' ? 1615 0

  • 1
    United Arab Emirates
    Correct
    Wrong
  • 2
    England
    Correct
    Wrong
  • 3
    USA
    Correct
    Wrong
  • 4
    India
    Correct
    Wrong
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Answer : 1. "United Arab Emirates"
Explanation :

Answer: A) United Arab Emirates Explanation:

Q: The headquarters of the International court of Justice is situated at _____ ? 1613 0

  • 1
    Sweden
    Correct
    Wrong
  • 2
    Geneva
    Correct
    Wrong
  • 3
    London
    Correct
    Wrong
  • 4
    Hague
    Correct
    Wrong
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Answer : 4. "Hague"
Explanation :

Answer: D) Hague Explanation: International court of Justice (ICJ) is the main judicial organ or branch of the United Nations, sometimes people call it the World Court. ICJ was established in the year 1945 and has its headquarters at The Hague, Netherlands.

Q: The 'Puttingal Temple' is located in which of the following states ? 1613 1

  • 1
    Tamilnadu
    Correct
    Wrong
  • 2
    Bihar
    Correct
    Wrong
  • 3
    Uttar Pradesh
    Correct
    Wrong
  • 4
    Kerala
    Correct
    Wrong
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Answer : 4. "Kerala"
Explanation :

Answer: D) Kerala Explanation: Puttingal Temple was a Hindu temple in the coastal town of Paravur, India. The temple was founded after the presence of the goddess was experienced on an ant hill with Puttu being the Malayalam word for ant Hill.

Q: With which Bank Google has tied up for its mobile payments app Tez? 1613 0

  • 1
    SBI Bank
    Correct
    Wrong
  • 2
    Axis Bank
    Correct
    Wrong
  • 3
    HDFC Bank
    Correct
    Wrong
  • 4
    PNB Bank
    Correct
    Wrong
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Answer : 1. "SBI Bank"
Explanation :

Answer: A) SBI Bank Explanation: Internet giant Google has tied up with State Bank of India (SBI) for its mobile payments app Tez. Through this partnership, Google Tez will allow users to create an SBI UPI Id - @oksbi and get access.

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