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Bank Exams Questions

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Q:

What does “L” stand for in PMLA?

A) Leverage B) Limit
C) Lending D) Liberalised
 
Answer & Explanation Answer:

Explanation:

PMLA stands for Prevention of Money Laundering Act, 2002. So, L stands for Laundering. Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA
government to prevent money-laundering and to provide for confiscation of property derived from money-laundering.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following Indian payment and commerce company has launched the first wealth management product ‘Digital Gold’?

A) DirecPay B) BHIM
C) PayU India D) Paytm
 
Answer & Explanation Answer: D) Paytm

Explanation:

‘Paytm’ has launched the first wealth management product ‘Digital Gold’ on its platform to allow customers to buy and sell gold through electronic platform.
Note: Consumers can purchase 24K 999.9 purity gold online and store it in MMTC— PAMP’s secure vaults free of charge.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The sum of a non-zero number and its reciprocal is 2. What is the number?

A) 1 B) 2
C) 0 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In a certain code language, '+' represents 'x', '-' represents '+', 'x' represents '÷' and '÷' represents '-'. What is the answer to the following question?

56 ÷ 8 + 12 - 72 = ?

A) 32 B) 88
C) 44 D) 82
 
Answer & Explanation Answer: A) 32

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

Which Fundamental Right in the Indian Constitution prohibits trafficking, forced labour, and children working under 14 years of age?

A) Right to Equality B) Right to Freedom
C) Right against Exploitation D) Right to Freedom of Religion
 
Answer & Explanation Answer: C) Right against Exploitation

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Equinox means the date when ___________.

A) duration of day and night are equal B) day is longer than the night
C) night is longer than the day D) it is the shortest day and the shortest night of the year
 
Answer & Explanation Answer: A) duration of day and night are equal

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The sum of a fraction and 3 times its reciprocal is 37/10. What is the fraction?

A) 5/2 B) 2/5
C) 5/4 D) 4/5
 
Answer & Explanation Answer: A) 5/2

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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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. Ifa sentence is free from error, select 'No Error'.

A very first time I used the internet I was very intimidated, (1)/ and thought that anyone who could use (2)/ such an elaborate thing must be a genius. (3)/ No error (4)

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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