Bank Exams Practice Question and Answer

Q: Privately owned businesses are common in which type of economy? 1637 0

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    Capitalist economies
    Correct
    Wrong
  • 2
    Socialist economies
    Correct
    Wrong
  • 3
    Gift economies
    Correct
    Wrong
  • 4
    Planned economies
    Correct
    Wrong
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Answer : 1. "Capitalist economies"
Explanation :

Answer: A) Capitalist economies Explanation:

Q: Uma sold an article for 3400 and got a profit of 25%. If he had sold the article for Rs. 3265. How much profit% would Uma have got ? 1636 0

  • 1
    22%
    Correct
    Wrong
  • 2
    27%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
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Answer : 3. "20%"
Explanation :

Answer: C) 20% Explanation: Given       125% ---- 3400 => 100% ---- ? => ? = 3400x100/125 = 2720 => Cost price of the article = Rs. 2720 Profit when article sold at Rs. 3265 = 3265 - 2720 = 545 Hence, Profit% = Gain x 100/cost price => P% = 545 x 100/2720 => P% = 20%

Q: Nipah virus outbreak in Bangladesh in the year 1636 0

  • 1
    2001
    Correct
    Wrong
  • 2
    2006
    Correct
    Wrong
  • 3
    2012
    Correct
    Wrong
  • 4
    2015
    Correct
    Wrong
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Answer : 1. "2001"
Explanation :

Answer: A) 2001 Explanation: The first identification of Nipah virus as a cause of an outbreak of encephalitis was reported in 2001 in Meherpur district of Bangladesh. Since, then Outbreaks of the deadly Nipah virus has been recorded almost every year in selected districts of Bangladesh.   Drinking raw date palm sap and contact with a case were identified as the major risk factors for acquiring the disease.

Q: Explain the difference between fixed and flexible budgets ? 1636 0

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Answer :
Explanation :

1. A fixed budget is established for a specific level of activity whereas flexible budget is prepared for various levels of activity. 2. Fixed budget cannot be changed after the period commences, whereas a flexible budget can be changed after the period commence. 3. Fixed budget is more suitable for fixed expenses whereas flexible budget takes both fixed as well as variable expenses in account. 4. Fixed budget includes only fixed costs, whereas a flexible budget includes fixed costs, variable costs and semi variable costs. 5. Fixed budget is mainly used in planning stage whereas flexible budget is used in controlling stage.

Q: Which ministry has started the exercise to revise base year to 2017 - 2018 for computation of wholesale inflation? 1636 0

  • 1
    Ministry of Commerce and Industry
    Correct
    Wrong
  • 2
    Ministry of Finance
    Correct
    Wrong
  • 3
    Ministry of Corporate Affairs
    Correct
    Wrong
  • 4
    All the above
    Correct
    Wrong
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Answer : 1. "Ministry of Commerce and Industry"
Explanation :

Answer: A) Ministry of Commerce and Industry Explanation: The India's commerce and industry ministry has started the exercise to revise base year to 2017-18 for computation of wholesale inflation with a view to present more realistic picture of the price situation   In May last year, the government revised the base year for WPI-based inflation to 2011-12 to give a better indication of changes in prices of commodities.   The new index, with 2017-18, is expected to have new items, which would provide a more realistic picture of price rise and its impact on people.   Most of the additions could be in the manufactured products category. Currently, the index has a total of 697 items, including primary articles, fuel and power and manufactured products.

Q: Two parallel chords on the same side of the centre of a circle are 5 cm apart. If the chords are 20 and 28 cm long, what is the radius of the circle? 1636 0

  • 1
    14.69 cm
    Correct
    Wrong
  • 2
    15.69 cm
    Correct
    Wrong
  • 3
    18.65 cm
    Correct
    Wrong
  • 4
    16.42 cm
    Correct
    Wrong
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Answer : 2. "15.69 cm"
Explanation :

Answer: B) 15.69 cm Explanation: Draw the two chords as shown in the figure. Let O be the center of the circle. Draw OC perpendicular to both chords. That divides the two chords in half.So CD = 10 and AB = 14. Draw radii OA and OD, both equal to radius r.We are given that BC = 5, the distance between the two chords. LetOB = x. We use the Pythagorean theorem on right triangle ABO AO² = AB² + OB² r² = 14² + x² We use the Pythagorean theorem on right triangle DCO DO² = CD² + OC² We see that OC = OB+BC = x+5, so r² = 10² + (x+5)² So we have a system of two equations: r² = 14² + x² r² = 10² + (x+5)² Since both left sides equal r², set the right sidesequal to each other. 14² + x² = 10² + (x+5)² 196 + x² = 100 + x² + 10x + 25 196 = 125 + 10x 71 = 10x 7.1 = x r² = 14² + x² r² = 196 + (7.1)² r² = 196 + 50.41 r² = 246.41 r = √246.41 r = 15.69745202 cm

Q: What is the bond order of O2? 1636 0

  • 1
    1.5
    Correct
    Wrong
  • 2
    2
    Correct
    Wrong
  • 3
    2.5
    Correct
    Wrong
  • 4
    1
    Correct
    Wrong
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Answer : 2. "2"
Explanation :

Answer: B) 2 Explanation: The number of bonds between a pair of atoms is called the bond order. Bond orders can be calculated from Lewis structures, which are the heart of the valence-bond model. Oxygen, for example, has a bond order of two. When there is more than one Lewis structure for a molecule, the bond order is an average of these structures. The bond order in sulfur dioxide, for example, is 1.5  the average of an S-O single bond in one Lewis structure and an S=O double bond in the other. In molecular orbital theory, we calculate bond orders by assuming that two electrons in a bonding molecular orbital contribute one net bond and that two electrons in an antibonding molecular orbital cancel the effect of one bond. We can calculate the bond order in the O2 molecule by noting that there are eight valence electrons in bonding molecular orbitals and four valence electrons in antibonding molecular orbitals in the electron configuration of this molecule. Thus, the bond order is two.

Q: What is the theme of the 2017 World Thalassaemia Day (WTD) ? 1635 0

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    Together for Humanity
    Correct
    Wrong
  • 2
    Access to Safe & Effective Drugs in Thalassaemia
    Correct
    Wrong
  • 3
    D) ? A) Together for Humanity B) Access to Safe & Effective Drugs in Thalassaemia C)
    Correct
    Wrong
  • 4
    ? A) Together for Humanity B) Access to Safe & Effective Drugs in Thalassaemia C) Patients Rights Revisited D) Thalassemia: Knowledge is Strength
    Correct
    Wrong
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Answer : 1. "Together for Humanity"
Explanation :

Answer: A) Together for Humanity Explanation: The World Thalassaemia Day (WTD) is observed every year on May 8 to spread awareness about this deadly disease and the importance of blood donation and how it helps the millions of people suffering from Thalassemia worldwide. Thalassemia is genetic blood disorders characterised by reduction in the synthesis or absence of haemoglobin in the body. According to a WHO report, more than 90% patients with thalassaemia in western countries lead a normal life, whereas in India, roughly half of all patients die before reaching adulthood. Approx 3.9% of India’s population is a carrier for thalassemia. The 2017 theme ‘Together for Humanity’ highlights the need for unity and the efforts that are required to fight this fatal disease.

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