Bank Exams Practice Question and Answer
8Q: A lady took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 5400 interest only for the period. The principal amount borrowed by her was : 1491 05b5cc6dbe4d2b4197774e904
5b5cc6dbe4d2b4197774e904- 1Rs. 15,000true
- 2Rs. 1,50,000false
- 3Rs. 1500false
- 4Rs. 1,62,000false
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Answer : 1. "Rs. 15,000"
Explanation :
Answer: A) Rs. 15,000 Explanation: Principal = Rs.(100 x 5400)/(12 x 3)= Rs. 15000.
Q: Who among the following economists gave the concept of "economies of scale". Which says "many goods and services can be produced more cheaply in long series"? 1490 05b5cc7c9e4d2b41977750e5e
5b5cc7c9e4d2b41977750e5e- 1Edward C.Prescottfalse
- 2Amartya Senfalse
- 3Gray S.Beckerfalse
- 4Paul Krugmantrue
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Answer : 4. "Paul Krugman"
Explanation :
Answer: D) Paul Krugman Explanation:
Q: How many Indian sites have been mentioned in the report ‘Not For Sale’ by the World Wide Fund for Nature ? 1488 05b5cc6ebe4d2b4197774ee87
5b5cc6ebe4d2b4197774ee87- 15false
- 27true
- 36false
- 48false
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Answer : 2. "7"
Explanation :
Answer: B) 7 Explanation: The sites in India named include Nanda Devi and Valley of Flowers National Park, Kaziranga National Park, Manas Wildlife Sanctuary, Keoladeo National Park, Western Ghats, Great Himalayan National Park Conservation Area and Khangchendzonga National Park.
Q: I have three eyes but only one leg. I still close one even if you beg. What am I? 1487 05b5cc69de4d2b4197774c923
5b5cc69de4d2b4197774c923- Show AnswerHide Answer
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Answer :
Explanation :
A traffic light. It has three 'eyes' (the red, orange and green lights) and the leg is the pole holding it up. Many people beg the light to stay green as they’re approaching.
Q: For intra-State movement, the e-way bill by GST council will be rolled out in a phased manner beginning April 15 and will cover all the States by 1487 05b5cc6a3e4d2b4197774cc2a
5b5cc6a3e4d2b4197774cc2a- 1May 1true
- 2June 1false
- 3May 31false
- 4July 31false
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Answer : 1. "May 1"
Explanation :
Answer: A) May 1 Explanation: For intra-State movement, the e-way bill will be rolled out in a phased manner beginning April 15 and will cover all the States by June 1. Businesses will continue to file summary sales return GSTR-3B until June as the GST (Goods and Services Tax) Council has extended the present system of return-filing by three months. Electronic way or e-way bill for movement of goods between States would be implemented from April 1.
Q: How many minutes does a watch lose per day, if its hands coincide every 64 minutes ? 1486 05b5cc6d7e4d2b4197774e714
5b5cc6d7e4d2b4197774e714- 136 7/9 minfalse
- 232 8/11 mintrue
- 334 3/11 minfalse
- 465 5/11 minfalse
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Answer : 2. "32 8/11 min"
Explanation :
Answer: B) 32 8/11 min Explanation: 55 min. spaces are covered in 60 min. 60 min. spaces are covered in min. = min. Loss in 64 min. = min. Loss in 24 hrs = min. = min.
Q: Who is the new Chairman of ISRO in 2018? 1486 05b5cc6b6e4d2b4197774d598
5b5cc6b6e4d2b4197774d598- 1K. Sivantrue
- 2S. Manish Aryafalse
- 3A.S. Kiran Kumarfalse
- 4Bibeth Royfalse
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Answer : 1. "K. Sivan"
Explanation :
Answer: A) K. Sivan Explanation: Rocket specialist K. Sivan has been appointed as new Chairman of India's space agency ISRO for a three-year term. He replaces current ISRO Chairman A.S. Kiran Kumar, whose term ends January 14, 2018. He is currently Director of Vikram Sarabhai Space Centre in Trivandrum. His expertise gave ISRO ability to send 104 satellites in a single mission.
Q: GST Council has decided to keep a total of ________ items in the 28% slab, which was earlier 227. 1479 05b5cc6bfe4d2b4197774d9f6
5b5cc6bfe4d2b4197774d9f6- 1125false
- 287false
- 3100false
- 450true
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Answer : 4. "50"
Explanation :
Answer: D) 50 Explanation: The GST Council on Nov 10th 2017 cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime. Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

