Bank Exams Questions

Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If asentence is free from error, select 'No Error'.

She picked (1)/ on the (2)/ trail soon after. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the buttoncorresponding to it. If the sentence is free from error, click the "No error" option.

There was a (A)/ comparison between (B)/ you and he (C)/ no error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
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Q:

After his stint as the Reserve Bank Governor, which University in USA did Raghuram Rajan join as professor of Finance?

A) Harvard Business School, Boston B) Berkeley Haas, California
C) Booth School, Chicago D) Columbia Business School, New York
 
Answer & Explanation Answer: C) Booth School, Chicago

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Filed Under: General Awareness
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Q:

What will be the maturity value, if Rs. 13,500 is deposited at a simple rate of interest of 12.5% for two years?

A) Rs. 15,187.50 B) Rs. 16,875.00
C) Rs. 16,875.50 D) Rs. 16,785.00
 
Answer & Explanation Answer: B) Rs. 16,875.00

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Filed Under: Simple Interest
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Q:

A word is representerd by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column ,for example 'B' can be represented by 24,31 etc and 'V' can be represented by 86,89 etc. Similarly,you have to identify the set for the word ''VAMP''.

 

A) 31,78,23,59 B) 86,44,20,67
C) 13,87,10,67 D) 21,88,32,96
 
Answer & Explanation Answer: B) 86,44,20,67

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Q:

Two pipes A and B can fill an empty cistern in 18 and 27 hours, respectively. Pipe C can drain the entire cistern in 45 hours when no other pipe is in operation. Initially, when the cistern was empty Pipe A and Pipe C were turned on. After a few Pipe A was turned off and Pipe B was turned on instantly. In all, it took 55 hours to fill the cistern. For how many hours was Pipe B turned on?

A) 50 B) 45
C) 27 D) 30
 
Answer & Explanation Answer: B) 45

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Filed Under: Pipes and Cistern
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The reason is a fear that we will not ______________ find ourselves in that higher echelon of posts and achievements that get so many likes and reposts, a sign of success and ____________ in our binary outlook. A darker worry also exists at the back _______ our mind. What if we end __________ in the other group, an object of ridicule, derided as another in a long list of failures _________ embarrassments that go viral for all the wrong reasons?

 

we will not ______________ find ourselves in that

 

A) automatically B) automatic
C) automatical D) automation
 
Answer & Explanation Answer: A) automatically

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