Bank Exams Practice Question and Answer

Q: Which of the following investment choices is least risky? 3728 0

  • 1
    Renting
    Correct
    Wrong
  • 2
    Bonds
    Correct
    Wrong
  • 3
    Flipping
    Correct
    Wrong
  • 4
    CD's
    Correct
    Wrong
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Answer : 4. "CD's"
Explanation :

Answer: D) CD's Explanation: CDs are the least risky investment choice when compared to flipping, renting and bonds. A certificate of deposit (CD) is a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements. A CD restricts access to the funds until the maturity date of the investment. CDs are generally issued by commercial banks. CDs are issued by the bank and are guaranteed by the government. So even if the bank goes bankrupt the investor's money is guaranteed to a certain extent. Flipping and renting are subjected to market fluctuations while bonds are not insured.

Q: Two men A and B start from place X walking at 4 ½ kmph and 5 ¾ kmph respectively. How many km apart they are at the end of 3 ½ hours if they are walking in the same direction ? 3725 0

  • 1
    2 9/7 km
    Correct
    Wrong
  • 2
    3 7/5 km
    Correct
    Wrong
  • 3
    1 3/4 km
    Correct
    Wrong
  • 4
    4 3/8 km
    Correct
    Wrong
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Answer : 4. "4 3/8 km"
Explanation :

Answer: D) 4 3/8 km Explanation: Relative Speed = 5 ¾ - 4 ½ = 1 ¼ Time = 3 ½ h. Distance = 5/4 x 7/2 = 35/8 = 4 3/8 km.

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Answer : 2. "J, L"
Explanation :

Answer: B) J, L Explanation: This question concerns a committee’s decision about which five of eight areas of expenditure to reduce. The question requires you to suppose that K and N are among the areas that are to be reduced, and then to determine which pair of areas could not also be among the five areas that are reduced. The fourth condition given in the passage on which this question is based requires that exactly two of K, N, and J are reduced. Since the question asks us to suppose that both K and N are reduced, we know that J must not be reduced: Reduced         ::      K, NNot reduced   ::      J The second condition requires that if L is reduced, neither N nor O is reduced. So L and N cannot both be reduced. Here, since N is reduced, we know that L cannot be. Thus, adding this to what we’ve determined so far, we know that J and L are a pair of areas that cannot both be reduced if both K and N are reduced: Reduced        ::      K, NNot reduced  ::      J, L Answer choice (B) is therefore the correct answer.

Q: A check returned by the bank marked nsf means 3703 0

  • 1
    Cheque has been forged
    Correct
    Wrong
  • 2
    Cheque can't be cashed being illegal
    Correct
    Wrong
  • 3
    There are not sufficient funds in your accoun
    Correct
    Wrong
  • 4
    Bank can't verify your identity
    Correct
    Wrong
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Answer : 3. "There are not sufficient funds in your accoun"
Explanation :

Answer: C) There are not sufficient funds in your accoun Explanation: NSF means - Not Sufficient Funds.

Q: If 12 men can reap 120 acres of land in 36 days, how many acres of land can 54 men reap in 54 days? 3693 0

  • 1
    710 acres
    Correct
    Wrong
  • 2
    760 acres
    Correct
    Wrong
  • 3
    810 acres
    Correct
    Wrong
  • 4
    860 acres
    Correct
    Wrong
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Answer : 3. "810 acres"
Explanation :

Answer: C) 810 acres Explanation: 12 men120 acres36 days54 men?54 days  As 12 men can reap 120 acres, 54 men will be able to reap more acres in 36 days, 120 acres of land was reaped, so in 54 days, more land will be reaped.   Thus, the numbers of acres that can be reaped by 54 men in 54 days = 5412x120x5436 = 810 acres

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Answer : 4. "N"
Explanation :

Answer: D) N Explanation: O should be immediately followed by M ie, the order OM should be followed. N should be immediately followed by L ie, the order NL should be followed. One play is staged between k and L and N or O should not be the first or last play. So, the order is Monday             K Tuesday            N Wednesday        L Thursday           O Friday               M

Q: In a row of boys, Haran is eleventh from the left and manoj is seventeenth form the right. When they exchange their places than Haran will be thirteenth from the left. Which of the following will be the new position of Manoj from the right ? 3683 0

  • 1
    11
    Correct
    Wrong
  • 2
    19
    Correct
    Wrong
  • 3
    13
    Correct
    Wrong
  • 4
    17
    Correct
    Wrong
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Answer : 2. "19"
Explanation :

Answer: B) 19 Explanation: Here total number of boys in the row = 11 + 19 = 13 + 17 = 30 Here after exchanging the places of Haran & Manoj  => Manoj replaces Harans place of 11th from left  But in the question he asked Manoj's place from right = 30 - 11 = 19th place.

Q: In an exam, a candidate secured 504 marks out of the maximum mark of 'M'. If the maximum mark 'M' is converted into 800 marks, he would have secured 384 marks. What is the value of 'M' ? 3681 0

  • 1
    910
    Correct
    Wrong
  • 2
    1000
    Correct
    Wrong
  • 3
    970
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 4. "None of the above"
Explanation :

Answer: D) None of the above Explanation: 504/M = 384/800 (504 x 800) / 384 = M M = 1050

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