Bank Exams Questions

Q:

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: B) Nominal

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Filed Under: Indian Economy
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Q:

The difference between simple and compound interest (compounded annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The sum (in Rs.) is:

A) 30000 B) 30300
C) 3000 D) 3030
 
Answer & Explanation Answer: C) 3000

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Filed Under: Compound Interest
Exam Prep: Bank Exams

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Q:

In the battle of Panipat, Babar faced the armies of

A) Jaichand B) Hemu
C) Daulat khan D) Ibrahim Lodi
 
Answer & Explanation Answer: D) Ibrahim Lodi

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which of the following schedules contains special provisions for the administration of tribal areas in the four north-eastern states of Assam, Meghalaya, Tripura and Mizoram

A) First schedule B) Second schedule
C) Third schedule D) Sixth schedule
 
Answer & Explanation Answer: D) Sixth schedule

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem 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) Air purifier is the latest innovation of this decade.
(II) Marketers identified the need and grabbed the opportunity of polluted atmosphere and created a new product for people.

 

Conclusions:
(I) The reason for invention of air purifier is rising levels of pollution.
(II) The need is created in market about the product and then it is established.

 

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

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

Simple interest on a sum for 10 years is equal to 5% of the principal. In how many years interest will be equal to the principal?

 

A) 100   B) 150
C) 200 D) 250
 
Answer & Explanation Answer: C) 200

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Filed Under: Simple Interest
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Q:

Who proposed the Scientific Management School of thought as opposed to the Administrative Management School of thought?

A) Henry Fayol B) Frederick Taylor
C) Peter Drucker D) Max Weber
 
Answer & Explanation Answer: B) Frederick Taylor

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Filed Under: Famous Personalities
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Q:

Rajnish walks 35 km towards north. He turns left and walks 20 km. He turns left and walks 35 km. How far (in km) is he now from his starting point?

A) 25 B) 90
C) 20 D) 10√2
 
Answer & Explanation Answer: C) 20

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Filed Under: Direction Sense Test
Exam Prep: Bank Exams

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