Bank Exams Questions

Q:

Rs. 10000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half yearly.

A) 14600 B) 12500
C) 14642 D) 14641
 
Answer & Explanation Answer: D) 14641

Explanation:
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Filed Under: Compound Interest
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Q:

Two trains are moving in the same direction at the speed of 35 km/hr and 71km/hr. The time taken by faster train to cross a man sitting in the slower train is 48 seconds. What will be the length (in metres) of the faster train?

 

 

A) 540 B) 420
C) 480 D) 660
 
Answer & Explanation Answer: C) 480

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Filed Under: Problems on Trains
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Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Filed Under: Indian Economy
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Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: A) Inferior goods

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Filed Under: Indian Economy
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Q:

Which of the following places presents the oldest evidence of Neolithic Era?

A) Chirnd B) Mehrgarh
C) Burghome D) Daimabad
 
Answer & Explanation Answer: B) Mehrgarh

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Filed Under: Indian History
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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Filed Under: Indian Economy
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Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax B) Entertainment tax
C) Income tax D) Gift tax
 
Answer & Explanation Answer: B) Entertainment tax

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Filed Under: Indian Economy
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Q:

Which  of  the  following  statements  about the  Trans-Pacific  Partnership  (TPP)  is  /are correct?

1.The  TPP  was  signed  by  12  Pacific  Rim nations in the year 2015.

2.The TPP is likely to be a game-changer in  global  trade  as  member  countries account  for  about  40  percent  of  global GDP.

3.India is a founder member of TPP.

Select  the  correct  answer  using  the  code given below.

A) 1, 2 and 3 B) 1 and 2 only
C) 2 and 3 only D) 1 only
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

3  is  incorrect,  as  India  is  not  a member of TPP

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Filed Under: General Awareness
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