Bank Exams Questions

Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

The first flight of SARAS PT1N, the new upgraded version of indigenous developed transport aircraft SARAS, took off from ______.

 

A) Hyderabad B) New Delhi  
C) Bengaluru   D) Chennai
 
Answer & Explanation Answer: C) Bengaluru  

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The public debt is the

A) total amount borrowed by the government of a country B) The funds raised for a cause in the country
C) the tax amount overall the country D) none
 
Answer & Explanation Answer: A) total amount borrowed by the government of a country

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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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 cans are jars
Statement II: All tins are cans

Conclusion I: All jars are tins
Conclusion II: No tins are jars

 

 

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: B) Only conclusion II follows

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

Which of the following statement is true?

A) Global warming and climate change are two different issues B) Global warming will reduce the annual build-up of glacier ice
C) Global warming may cause sea levels to go down D) Global warming may cause contraction of deserts
 
Answer & Explanation Answer: B) Global warming will reduce the annual build-up of glacier ice

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Study the following bar­ diagram carefully and answer the questions. The bar graph given below shows the foreign exchange reserves of a country (in million US $) from 1991 ­ 1992 to 1998 ­ 1999.

The foreign exchange reserves in 1996­97 were approximately what percent of the average foreign exchange reserves over the period under review?

A) 95% B) 110%
C) 115% D) 124%
 
Answer & Explanation Answer: D) 124%

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Filed Under: Bar Charts
Exam Prep: Bank Exams

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