Bank Exams Questions

Q:

One of the most famous speeches in U>S> Presidential history is 'The Gettysburg Address'. Name the US President who gave this epochal speech.

A) Abraham Lincoln B) Theodore Roosevelt
C) John F. Kennedy D) George Washington
 
Answer & Explanation Answer: A) Abraham Lincoln

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Filed Under: Famous Personalities
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Q:

If a rod of length 208 45 is cut into equal pieces of length 23 15 then the total number of rods obtained is

A) 5 B) 8
C) 9 D) 7
 
Answer & Explanation Answer: C) 9

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Filed Under: Simplification
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Q:

The difference between the ages of mother and son was 21 when mother's age was 43. If father is elder by 3 years to mother, what will be the difference between the ages of son and father when father attains 50 years?

A) 21 B) 22
C) 23 D) 24
 
Answer & Explanation Answer: D) 24

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Filed Under: Problems on Ages
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Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961 B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990 D) No option is correct
 
Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Filed Under: Indian Politics
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Q:

South Asian University (SAU), a joint SARC University of SAARC Nations, has been established in___________.

A) New Delhi   B) Male
C) Colombo D) Dhaka
 
Answer & Explanation Answer: A) New Delhi  

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Filed Under: World Geography
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Q:

Of the 3 numbers whose average is 64, the first number is 1/3 times the sum of other 2. The first number is

A) 72 B) 32
C) 96 D) 48
 
Answer & Explanation Answer: D) 48

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Filed Under: Numbers
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Q:

If the diameter of a circle is 35 cm, then what will be its circumference (in cm)?

A) 110 B) 220
C) 21 D) 42
 
Answer & Explanation Answer: A) 110

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Filed Under: Volume and Surface Area
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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Filed Under: Indian Economy
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