Bank Exams Questions

Q:

If '+' stands for multiplication, '-' stands for addition, 'x' stands for division, then what is the value of 128 + 9 - 16 x 4 = ?

A) 73 B) 256
C) 1156 D) 1352
 
Answer & Explanation Answer: C) 1156

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

Consider the given statement/s to be true and decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

Statement 1: All animals are four-­footed.
2. Dog has two legs.

Conclusion I:Dog is not an animal.
II. Dog is an animal.

A) If only I follows B) If only II follows
C) If neither I nor II follows D) If both I and II follow
 
Answer & Explanation Answer: A) If only I follows

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021 B) March, 2019
C) March, 2022 D) March, 2020
 
Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Lowering of value of currency relative to a foreign reference currency is called _________.

A) Devaluation B) Revaluation
C) Down valuation D) Negative valuation
 
Answer & Explanation Answer: A) Devaluation

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

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Q:

Given is a statement followed by two assumptions numbered I and II. Consider the statement and the following assumptions and decide which of the assumptions is/are implicit in the statement.
Statement:
All the species of plants and animals are part of biodiversity and ecosystems and play major role in the overall health of the environment.
Assumptions:
I. Preserve or create a backyard habitat. Save as many native plants as you can when building or landscaping.
II. One of the major goals of sustainability is to preserve biodiversity. All life on Earth is connected through the flow of energy (planetary food web), and each time a species becomes endangered or lost to extinction, one more part of that energy flow is lost.

A) Neither assumption I nor II is implicit. B) Both assumptions I and II are implicit.
C) Only assumption I is implicit. D) Only assumption II is implicit.
 
Answer & Explanation Answer: D) Only assumption II is implicit.

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

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Q:

The term 'Zero Based Budgeting' refers to __________.

A) A specified sum of money authorized by the Legislaturefor a specific period of time B) To ensure that every rupee spent is result oriented
C) A statutorily mandated form of reimbursement or up-front payment for state expenditures D) A cost item for which payment is made by one stateagency to another
 
Answer & Explanation Answer: B) To ensure that every rupee spent is result oriented

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following metals is stored in kerosene oil?

A) Copper B) Sodium
C) Platinum D) Gold
 
Answer & Explanation Answer: B) Sodium

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Who among the following was defeated by Chile to won the Copa America Football Championship, 2016?

A) Colombia B) Argentina
C) Ecuador D) Peru
 
Answer & Explanation Answer: B) Argentina

Explanation:

The Copa América Centenario Final was an association football match that took place on 26 June 2016 at the Met Life Stadium in East Rutherford, New Jersey, United States to determine the winner of the Copa América Centenario.The match was contested by Argentina and Chile, making it a rematch of the 2015 final. Chile ultimately won on penalty kicks 4–2 after a 0–0 draw.

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Filed Under: Sports
Exam Prep: Bank Exams

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