Bank Exams Questions

Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Hirakud dam is located in which of the following states?

A) Jharkhand B) Chhattisgarh
C) Odisha D) West Bengal
 
Answer & Explanation Answer: C) Odisha

Explanation:

Hirakud dam is located in Odisha on Mahanadi.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both. 

A)  USD 3,00,000   B)  USD 3,50,000  
C)  USD 2,00,000   D)  USD 2,50,000  
 
Answer & Explanation Answer: D)  USD 2,50,000  

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

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Q:

Consider the given question and decide which of the following statements is sufficient to answer the question.

Is Raju fond of travelling?


Statements :

1. Raju has seen East, West, North and Southern parts of India.
2. Raju likes to be in the company of his friends.

A) Statement 2 alone is suuficient while sufficient 1 alone is insufficient B) Statement 1 alone is sufficient while sufficient 2 alone is insufficient
C) Both statements 1 and 2 are sufficient D) Data insufficient
 
Answer & Explanation Answer: B) Statement 1 alone is sufficient while sufficient 2 alone is insufficient

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

The radii of two concentric circles are 68 cm and 22 cm. The area of the closed figure bounded by the boundaries of the circles is

A) 4140π sq.cm. B) 4110π sq.cm.
C) 4080π sq.cm. D) 4050π sq.cm.
 
Answer & Explanation Answer: A) 4140π sq.cm.

Explanation:
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Filed Under: Area
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Recycling basically involves turning used materials that are labeled as recyclable over to your local waste facility designated in a disposal container as “recyclable” materials to be taken and reused as material for a new purpose.
Q: Not only are natural resources limited, but recycling efforts can significantly reduce additional waste that will not only harm the planet today, but future generations as well.
R: A recyclable product is turned back into a raw form that can be used to create a new and different product.
S: The natural resources on our planet earth are limited so we must make the most to conserve, recycle and reuse whenever possible.

A) PRSQ B) RPQS
C) PSQR D)  SPQR
 
Answer & Explanation Answer: A) PRSQ

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

If x2  12x + 33 = 0, then what is the value of (x  4)2 + [1/(x  4)2]?

A) 16 B) 14
C) 18 D) 20
 
Answer & Explanation Answer: B) 14

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

Who is the winner of 2017 Indian Premier League (Cricket)?

A) Mumbai Indians B) Rising Pune Supergiant
C) Delhi Daredevils D) Sunrisers Hyderabad
 
Answer & Explanation Answer: A) Mumbai Indians

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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