Bank Exams Practice Question and Answer

Q: What one word has the most letters in it? 1829 0

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Answer :
Explanation :

ALPHABET is the only has the most letters in it.   Alphabet has all the 26 letters from A - Z.    Hence, ALPHABET is one word that has the most letters in it.

Q: Which state Chief minister launches ridesharing app for techies G-Ride ? 1828 0

  • 1
    Karnataka
    Correct
    Wrong
  • 2
    Uttar Pradesh
    Correct
    Wrong
  • 3
    Kerala
    Correct
    Wrong
  • 4
    Goa
    Correct
    Wrong
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Answer : 3. "Kerala"
Explanation :

Answer: C) Kerala Explanation:

Q: Which of the following is an example of market failure? 1828 0

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    Prices do not reflect the full social cost of production
    Correct
    Wrong
  • 2
    A firm goes out of business because it cannot find a market for its products
    Correct
    Wrong
  • 3
    Prices rise so that the consumers cannot afford the products they want to buy
    Correct
    Wrong
  • 4
    Producer surplus is maximized
    Correct
    Wrong
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Answer : 1. "Prices do not reflect the full social cost of production"
Explanation :

Answer: A) Prices do not reflect the full social cost of production Explanation: Prices do not reflect the full social cost of production is an example of Market failure.   A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants. It also occurs if externalities are not accounted for. If a firm fails to maximize its profits this is not a general market failure.

Q: There are n boxes and m fruits. If we put 3 fruits in each box 3 fruits will be excess. If we put 4 fruits in each box 1 box will be excess. Find number of boxes and fruits ? 1828 0

  • 1
    3 & 9
    Correct
    Wrong
  • 2
    6 & 19
    Correct
    Wrong
  • 3
    7 & 24
    Correct
    Wrong
  • 4
    5 & 18
    Correct
    Wrong
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Answer : 3. "7 & 24"
Explanation :

Answer: C) 7 & 24 Explanation: 7 boxes & 24 Balls.Let, n = No. of boxes ; m = No. of fruits3n+3 = m---------->(1)4(n-1)= m---------->(2)=>4n-4 = 3n+3;=>4n-3n = 4+3n = 7Put n=7 in eqn(1)=> 3(7)+3 = m21+3 = mm = 24; Number of boxes = 7 and fruits = 24

Q: The cost price of 40 Magazines is the same as the selling price of 'P' articles. If the profit is 25%, then the value of 'P' is: 1828 0

  • 1
    32
    Correct
    Wrong
  • 2
    40
    Correct
    Wrong
  • 3
    16
    Correct
    Wrong
  • 4
    30
    Correct
    Wrong
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Answer : 1. "32"
Explanation :

Answer: A) 32 Explanation: Let C.P. of each Magazine be Rs. 1 C.P. of P articles = Rs. P.  S.P. of P articles = Rs. 40.   Profit = Rs. (40 - P)   Now, Gain% = ProfitC.P×100 = 40-PP×100    Here 40-PP×100= 25 -->P = 32.

Q: Which is the only Indian monument to figure in the world’s top 10 TripAdvisor’s Travellers’ Choice awards for Landmarks  ? 1827 0

  • 1
    Taj Mahal
    Correct
    Wrong
  • 2
    Qutab Minar
    Correct
    Wrong
  • 3
    Gateway of India
    Correct
    Wrong
  • 4
    India Gate
    Correct
    Wrong
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Answer : 1. "Taj Mahal"
Explanation :

Answer: A) Taj Mahal Explanation: Iconic attraction of India Taj Mahal has emerged as the 5th most popular landmark in the world and 2nd in Asia, according to the online travel portal TripAdvisor’s ‘Travellers’ Choice Awards for Landmarks. Globally, Angkor Wat in Cambodia, Sheikh Zayed Grand Mosque Center in Abu Dhabi, Mezquita Cathedral de Cordoba in Spain, and St Peter’s Basilica in Italy, bagged the first four ranks respectively. Whereas, the top 10 landmarks in Asia has been topped by Angkor Wat, followed by Taj Mahal on the second place. Apart from this, Taj Mahal has also ranked first in the list of popular landmarks in India, followed by AmberFort, Jaipur; Swaminarayan Akshardham, New Delhi, etc.

Q: Define Budgetary Control ? 1827 0

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Answer :
Explanation :

Budgetary Control is establishment of budgets and the continuous comparison of actual results with the planned results. It computes the variances and after that management takes necessary actions to maintain favorable variations, through revision of the budgets.

Q: What is the rank of India in World Economic Forum’s Global Human Capital Index (GHCI) 2017 ? 1826 0

  • 1
    103
    Correct
    Wrong
  • 2
    104
    Correct
    Wrong
  • 3
    105
    Correct
    Wrong
  • 4
    106
    Correct
    Wrong
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Answer : 1. "103"
Explanation :

Answer: A) 103 Explanation: India ranked low 103rd out of 130 countries surveyed on World Economic Forum’s (WEF) Global Human Capital Index (GHCI) 2017. In the previous edition India ranked 105th.

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