Bank Exams Practice Question and Answer

Q: Government launches NEW INDIA initiative with which company ? 1715 1

  • 1
    IBM
    Correct
    Wrong
  • 2
    BSNL
    Correct
    Wrong
  • 3
    GOOGLE
    Correct
    Wrong
  • 4
    Microsoft
    Correct
    Wrong
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Answer : 3. "GOOGLE"
Explanation :

Answer: C) GOOGLE Explanation: In keeping with Prime Minister Narendra Modi's vision of a 'New India', Google India and the Ministry of Electronics and Information Technology (MEITY) announced a set of initiatives aimed at empowering citizens and creating abundant oppurtunities for all.

Q: In the following number series, one of the numbers is wrong. Find it out? 77, 79, 76, 81, 75, 85 1715 0

  • 1
    79
    Correct
    Wrong
  • 2
    81
    Correct
    Wrong
  • 3
    75
    Correct
    Wrong
  • 4
    85
    Correct
    Wrong
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Answer : 3. "75"
Explanation :

Answer: C) 75 Explanation: Here in the given series, it follows a pattern that   77 + 2 = 79   79  - 3 = 76   76 + 5 = 81   81 -  7 = 74   74 + 11 = 85   Consecutive adding and subtracting of prime numbers.   So the wrong number in the given series is 75.

Q: Nipah virus outbreak in Bangladesh in the year 1713 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: A seller charges 28% more from a customer as GST on an article. If customer paid Rs. 4544, what is the cost price of the article? 1713 0

  • 1
    Rs. 3550
    Correct
    Wrong
  • 2
    Rs. 2650
    Correct
    Wrong
  • 3
    Rs. 3840
    Correct
    Wrong
  • 4
    Rs. 2450
    Correct
    Wrong
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Answer : 1. "Rs. 3550"
Explanation :

Answer: A) Rs. 3550 Explanation: Let the cost price of the article be 'P' Then from given data, P + 28P100 = 4544=> 128P = 454400=> P = 3550 Hence, the cost price of the article = P = Rs. 3550

Q: Which public sector bank has tied up with Tirumala Milk Products for providing loans to dairy farmers  ? 1711 0

  • 1
    Axis Bank
    Correct
    Wrong
  • 2
    ICICI Bank
    Correct
    Wrong
  • 3
    State Bank Of India
    Correct
    Wrong
  • 4
    HDFC Bank
    Correct
    Wrong
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Answer : 3. "State Bank Of India"
Explanation :

Answer: C) State Bank Of India Explanation: The State Bank of India (SBI) has tied-up with Tirumala Milk Products to provide loans to dairy farmers who supply milk to the latter. As per the scheme for financing dairy units, SBI offers loans for construction of shed, and purchase of milch animals, milking machine, and chaff cutter. Apart from this, the bank also provides loans to dairy societies for modernisation and creation of infrastructure such as purchase of automatic milk collection system, purchase of transport vehicles and bulk chilling unit. The Tirumala Milk Products is a South- based company, which was acquired by France-based Groupe Lactalis in 2014.

Q: Explain the difference between fixed and flexible budgets ? 1711 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: What is another name for the governor of a state? 1711 0

  • 1
    Chief Executive
    Correct
    Wrong
  • 2
    Attorney General
    Correct
    Wrong
  • 3
    Secretary of the State
    Correct
    Wrong
  • 4
    Vice Pesident
    Correct
    Wrong
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Answer : 1. "Chief Executive"
Explanation :

Answer: A) Chief Executive Explanation: Another name for the governor of the state is Chief Executive of the state. And we also know that, The attorney general is the head of the US Department of Justice, The vice president is just under the president of the US and The secretary of state is the head of the US Department of State.

Q: Nullification Meaning in Government? 1711 0

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Answer :
Explanation :

Nullification is the legal theory that a state has the right to nullify (invalidate) any federal law that it deems unconstitutional So far, there have not been any situations where this tactic has actually held up, though. In each case, nullification has failed.

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