Bank Exams Practice Question and Answer

Q: The Asia-Pacific Economic Cooperation meeting was organised in September 2007 in which of the following places? 1324 1

  • 1
    Sydney
    Correct
    Wrong
  • 2
    New York
    Correct
    Wrong
  • 3
    Tokyo
    Correct
    Wrong
  • 4
    Beijing
    Correct
    Wrong
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Answer : 1. "Sydney"
Explanation :

Answer: A) Sydney Explanation:

Q: According to a survey, which country has become the second largest smartphone market in the world? 1324 0

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

Answer: C) India Explanation: According to a Report by analyst firm Canalys, India has become the second largest smartphone market in the world.

Q: Which Software services firm has completed the acquisition of London-based Brilliant Basics  ? 1322 0

  • 1
    IBM
    Correct
    Wrong
  • 2
    Google
    Correct
    Wrong
  • 3
    Microsoft
    Correct
    Wrong
  • 4
    Infosys
    Correct
    Wrong
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Answer : 4. "Infosys"
Explanation :

Answer: D) Infosys Explanation: Infosys had acquired the product design and customer experience (CX) company Brilliant Basics in a cash deal worth 7.5 million pounds, including earn-out and employee retention amounts.

Q: A man purchases two articles, on selling one at loss of 20% while the other at a profit of 25%, he gains the overall profit of 5% than find the ratio of their selling price ? 1322 0

  • 1
    8 : 62.5
    Correct
    Wrong
  • 2
    55 : 8
    Correct
    Wrong
  • 3
    8 : 65
    Correct
    Wrong
  • 4
    64.4 : 9
    Correct
    Wrong
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Answer : 1. "8 : 62.5"
Explanation :

Answer: A) 8 : 62.5 Explanation:                       Article I                   Article II                         -20                         25%                                        5%                         20%                       25%                                                4              :              5 Now, Selling of first article = (4-20%) = 0.8 Selling of second article = (5+25%) =  6.25 Therefore the ratio of selling price = 8 : 62.5

Q: What is the full form of SOX and what does it means in Accounting ? 1322 0

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Answer :
Explanation :

Sarbanes Oxley Act. Otherwise known as Public companies Accounting reforms and investor protection Act. It was enacted in 2002 in USA after lot of scams come up on accounting framework whereby investors lose faith and confidence on accounting disclosures.

Q: What should be replaced in the place of '?' in the following series ? QAR, RAS, SAT, TAU, ? 1321 0

  • 1
    UAT
    Correct
    Wrong
  • 2
    UAV
    Correct
    Wrong
  • 3
    UAS
    Correct
    Wrong
  • 4
    UTS
    Correct
    Wrong
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Answer : 2. "UAV"
Explanation :

Answer: B) UAV Explanation: In this series, the third letter is repeated as the first letter of the next segment. The middle letter, A, remains static. The third letters are in alphabetical order, beginning with R.

Q: Which of the following is an Autoimmune disease? 1320 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: With which Bank Amazon has signed an agreement to provide Micro-loans to sellers  ? 1319 0

  • 1
    Union Bank
    Correct
    Wrong
  • 2
    SBI Bank
    Correct
    Wrong
  • 3
    Bank of Baroda
    Correct
    Wrong
  • 4
    United Bank
    Correct
    Wrong
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Answer : 3. "Bank of Baroda"
Explanation :

Answer: C) Bank of Baroda Explanation:

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