Bank Exams Questions

Q:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?

A) Chit Funds B) Shell companies
C) Nidhi Companies D) Indigenous Bankers
 
Answer & Explanation Answer: B) Shell companies

Explanation:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%, it must lower its price by

A) 3.50% B) 15%
C) 2.50% D) 2.40%
 
Answer & Explanation Answer: D) 2.40%

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Average of the marks of 132 students of a college is 40. If the average of the marks of the passed students is 42 and the average of the marks of the failed students is 20, then what will be the respective ratio of the total marks of passed students and the total marks of failed students?

 

A) 21 : 1   B) 23 : 2
C) 19 : 11 D) 9 : 2
 
Answer & Explanation Answer: A) 21 : 1  

Explanation:
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Filed Under: Average
Exam Prep: Bank Exams

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Q:

Scanning means that the reader

A) reads every single word of the article. B) searches for the most important details.
C) looks for words to catch his or her attention. D) focuses on the text's conclusion.
 
Answer & Explanation Answer: B) searches for the most important details.

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Simple interest on a certain sum of money for 3 years at 16% per annum is half the compound interest on Rs. 12000 for 2 years at 10% per annum. The sum placed on simple interest is

A) Rs 5250 B) Rs 1325
C) Rs 2100 D) Rs 2625
 
Answer & Explanation Answer: D) Rs 2625

Explanation:
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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

A long narrow ditch embanked with its own soil and used for concealment and protection in warfare

 

A) trench B) gully
C) furrow D) moat
 
Answer & Explanation Answer: A) trench

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

When Bablu decreases the selling price of the shoes from Rs. 360 to Rs. 345, his loss increases by 4%. The cost price of the shoes is

A) Rs. 275 B) Rs. 375
C) Rs. 425 D) Rs. 450
 
Answer & Explanation Answer: B) Rs. 375

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

 

A) Referred B) Raferred
C) Refferred D) Raeferred
 
Answer & Explanation Answer: A) Referred

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE

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