4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985	B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995	D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971

Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

Bit, Byte, Kilobyte, Megabyte, ?

A) Binary	B) Gigabyte
C) Terabyte	D) Nanobyte

Answer & Explanation Answer: B) Gigabyte

Explanation:

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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

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Q:

A piece of paper is folded and cut as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: Paper Cutting
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.

XJ, WL, VN, UP, ?

A) TU	B) TR
C) ST	D) SU

Answer & Explanation Answer: B) TR

Explanation:

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

In the following question, which one set of letters when sequentially placed at the gaps in the given letter series shall complete it?

S_RTR_ST_T_S

A) TRSR	B) RTSS
C) TSRR	D) TSRS

Answer & Explanation Answer: C) TSRR

Explanation:

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

Select the odd word/letters/number/number pair from the given alternatives.

A) 6735	B) 1983
C) 1875	D) 7361

Answer & Explanation Answer: D) 7361

Explanation:

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320	B) 12,000
C) 12,320	D) 12,500

Answer & Explanation Answer: C) 12,320

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

A flask has two holes. The 1st hole alone makes the flask empty in 9 minutes and 2nd hole alone makes the flask empty in 16 minutes. If water leaks out at a constant rate, how long in minutes does it take if both the holes together empty the flask?

A) 19/25	B) 41925
C) 52025	D) 51925

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