4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note	B) Usance Promissory Note
C) Demand Promissory Note	D) Both a & b

Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1133

Q:

P + Q = 2(P-Q). If Q = 10, what is the value of P?

A) 10	B) 40
C) 20	D) 30

Answer & Explanation Answer: D) 30

Explanation:

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Filed Under: Simplification
Exam Prep: Bank Exams

1 1132

Q:

The Dr. B. C. Roy awards, instituted in 1962, are given to eminent achievers primarily from which field?

A) Medicine	B) Law
C) Sports	D) Journalism

Answer & Explanation Answer: A) Medicine

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 1132

Q:

In which city is St. Peter's Basilica, one of the most famous churches in Christianity, located?

A) Madrid	B) Lisbon
C) Pisa	D) Vatican

Answer & Explanation Answer: A) Madrid

Explanation:

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Filed Under: World Geography
Exam Prep: Bank Exams

0 1132

Q:

A school bus travels 5 km West, then turns South and travels 7 km, then turns East and travels 5 km, then turns to its left and travels 2 km. Where is it now with respect to the starting position?

A) 5 km South	B) 9 km South
C) 5 km North	D) 9 km North

Answer & Explanation Answer: A) 5 km South

Explanation:

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Filed Under: Direction Sense Test
Exam Prep: Bank Exams

5 1132

Q:

ΔPQR is right angled at Q. If cosP = 3/5, then what is the value of cosR ?

A) 3/4	B) 5/3
C) 4/5	D) 4/3

Answer & Explanation Answer: C) 4/5

Explanation:

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

1 1132

Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line.	B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one.	D) APS is positive at all income levels.

Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

There was a group of 6 students who took a test. Another student joined the group after taking the test later. With her marks included the average score of the group went up by 3. This student has got ___ marks more than the average marks without her being included.

A) 21	B) 20
C) 18	D) 24

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