Bank Exams Questions

Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
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Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Q:

In the following figure, rectangle represents Plumbers, circle represents Bakers, triangle represents Jugglers and square represents Joggers. Which set of letters represents Plumbers who are either Bakers or Jugglers?

 

A) HEG B) AHG
C) FEGH D) FE
 
Answer & Explanation Answer: C) FEGH

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Filed Under: Image Analysis
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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement I: No statues are icons

Statement II: Some busts are statues

 

Conclusion I: No icons are busts

Conclusion II: All busts are icons

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: D) Neither conclusion I nor conclusion II follows

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Filed Under: Statement and Conclusions
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Q:

A path of 2.5 m width surrounds a rectangular garden of length 10 m and breadth 8 m. Area of the garden, inclusive of the path is

A) 130.25 sq.m B) 131.25 sq.m
C) 195.00 sq.m D) 162.50 sq.m
 
Answer & Explanation Answer: C) 195.00 sq.m

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Filed Under: Area
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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day B) Rs 12,000 per day
C) Rs 15,000 per day D) Rs 20,000 per day
 
Answer & Explanation Answer: A) Rs 5000 per day

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Q:

What will be the cost of levelling a circular ground of diameter 28 m, if charges are Rs. 125 per sq.m?

A) Rs. 76000 B) Rs. 76400
C) Rs. 76800 D) Rs. 77000
 
Answer & Explanation Answer: D) Rs. 77000

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Filed Under: Area
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Q:

Least distance of distinct vision for normal eye is

A) 15 cm B) 20 cm
C) 25 cm D) 30 cm
 
Answer & Explanation Answer: C) 25 cm

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Filed Under: Chemistry
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