Bank Exams Practice Question and Answer

Q: All of these are exemptions from local real property taxes EXCEPT : 1745 0

  • 1
    Low-income homeowner's exemption
    Correct
    Wrong
  • 2
    Homeowner's exemption
    Correct
    Wrong
  • 3
    Veteran's exemption
    Correct
    Wrong
  • 4
    Senior citizen's tax exemption
    Correct
    Wrong
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Answer : 1. "Low-income homeowner's exemption"
Explanation :

Answer: A) Low-income homeowner's exemption Explanation: Under state law limited exemptions from local real property taxes for individuals who qualify are senior citizens(blind and disabled persons), who may defer their taxes; Veterans, who receive $4000 off assessed value; and homeowners, who receive $7000 off assessed value.

Q: Which country has built the world's largest amphibian aircraft ? 1745 0

  • 1
    Japan
    Correct
    Wrong
  • 2
    Russia
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    India
    Correct
    Wrong
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Answer : 3. "China"
Explanation :

Answer: C) China Explanation: China's amphibian aircraft, which is stated to be the world's largest, has successfully passed engine tests and is expected to make its maiden flight in the first half of the year 2017.

Q: _______has conferred the 'Best Performance Award' for 2015-16 and 2016-17 to Karnataka VIKAS GRAMEEN Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs). 1744 0

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    B) for its work in the field of credit-linking joint liability groups (JLGs). A)
    Correct
    Wrong
  • 2
    for its work in the field of credit-linking joint liability groups (JLGs). A) RBI B) RRB
    Correct
    Wrong
  • 3
    NABARD
    Correct
    Wrong
  • 4
    SBI
    Correct
    Wrong
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Answer : 3. "NABARD"
Explanation :

Answer: C) NABARD Explanation:

Q: What do you understand by Intercompany Settlement ? 1744 0

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Answer :
Explanation :

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer. This process is known as Intercompany Settlement.

Q: What it goes up but never comes down? 1744 0

  • 1
    Umbrella
    Correct
    Wrong
  • 2
    Hot air balloon
    Correct
    Wrong
  • 3
    Age
    Correct
    Wrong
  • 4
    Rocket
    Correct
    Wrong
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Answer : 3. "Age"
Explanation :

Answer: C) Age Explanation: Yeah, its your AGE which always goes up but sadly never comes down.

Q: Which of the following is an Autoimmune disease? 1743 0

  • 1
    Systematic lupus erythematosus
    Correct
    Wrong
  • 2
    Acute anaphylaxis
    Correct
    Wrong
  • 3
    Farmer's lung
    Correct
    Wrong
  • 4
    A heart attack
    Correct
    Wrong
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Answer : 1. "Systematic lupus erythematosus"
Explanation :

Answer: A) Systematic lupus erythematosus Explanation: An autoimmune disease is a condition in which your immune system mistakenly attacks your body.   The immune system normally guards against germs like bacteria and viruses. When it senses these foreign invaders, it sends out an army of fighter cells to attack them. Normally, the immune system can tell the difference between foreign cells and your own cells.   In an autoimmune disease, the immune system mistakes part of your body — like your joints or skin — as foreign. It releases proteins called autoantibodies that attack healthy cells. Some autoimmune diseases target only one organ. Type 1 diabetes damages the pancreas. Other diseases, like lupus, affect the whole body.   Hence, Systematic lupus erythematosus is an autoimmune disease that affects multiple organs.

Q: Between two book-ends in your study are displayed your four favourite love story books. If you decide to arrange the four books in every possible combination and moved just one book every minute, how long would it take you ? 1743 0

  • 1
    54 minutes
    Correct
    Wrong
  • 2
    32 minutes
    Correct
    Wrong
  • 3
    48 minutes
    Correct
    Wrong
  • 4
    24 minutes
    Correct
    Wrong
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Answer : 3. "48 minutes"
Explanation :

Answer: C) 48 minutes Explanation: Possible arrangements for 4 books are 4x3x2x1 = 24For making a new arrangement, two books are required to be moved.One book takes one minute, then for 2 booksSo total 24 x 2 = 48 mins.

Q: What was the theme of World Consumer Rights Day 2017 ? 1742 0

  • 1
    A Step Towards Digital World
    Correct
    Wrong
  • 2
    Building a Digital World Consumers can Trust
    Correct
    Wrong
  • 3
    A smart Digital Consumers
    Correct
    Wrong
  • 4
    A Tradition of Trust With Consumers
    Correct
    Wrong
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Answer : 2. "Building a Digital World Consumers can Trust"
Explanation :

Answer: B) Building a Digital World Consumers can Trust Explanation: World Consumer Rights Day is being observed today (15 March 2017) which is an awareness day and theme for this year is 'Building a Digital World Consumers can trust'.

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