Bank Exams Questions

Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 

Selling a commodity at a price that is not more than that charged by competitors is -

A) rejected by the free market system B) opposed by the advocates of the free market theories
C) considered suspicious by the free market theorists D) recognized by the advocates of the free market theories
 
Answer & Explanation Answer: D) recognized by the advocates of the free market theories

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 

But the war did not cease; though friend and foe alike were almost drowned in blood. It seemed as powerful as eternity, and in time Tony Vassall too went to battle and was killed. The country gave Patience a widow's pension, as well a touching inducement to marry again; she died of grief. Many people died in those days, it was not strange at all. Nathan and his wife got so rich that after the war they died of overeating, and their daughter Olive came into a vast fortune and a Trustee.

 

Olive, after her parents' death became

 

A) rich B) honest
C) brave D) fat
 
Answer & Explanation Answer: A) rich

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

 

The professor said to Suraj, "Who were you waiting for?"

 

A) The professor asked Suraj who he was waiting for. B) The professor asked Suraj who he had been waiting for.
C) The professor inquired with Suraj who he was waiting for. D) The professor asked Suraj who he has been waiting for.
 
Answer & Explanation Answer: B) The professor asked Suraj who he had been waiting for.

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

 

A) expansion   B)  patronag  
C) conctituet   D) presipitat
 
Answer & Explanation Answer: A) expansion  

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Q:

10 people could complete a task in 8 days. After 4 days, 2 of the workers left. How many days from then did it take to complete the task?

A) 7 B) 8
C) 6 D) 5
 
Answer & Explanation Answer: C) 6

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Filed Under: Time and Work
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Q:

Which of the following numbers is divisible by 12?

A) 73412 B) 63412
C) 83412 D) 93412
 
Answer & Explanation Answer: C) 83412

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Q:

American astronaut Scott Joseph Kelly commanded the International Space Station Consecutively for 340 days on ___.

A) Expedition 24 B) Expedition 25
C) Expedition 26 D) Expedition 27
 
Answer & Explanation Answer: C) Expedition 26

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Q:

Who of the following Indian vocalist and musician established the Academy of Performing Arts and Research in Switzerland?

A) Balamuralikrishna B) K.J. Yesudas
C) Pandit Kumar Gandharva D) Pandit Ravi Shankar
 
Answer & Explanation Answer: A) Balamuralikrishna

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