Bank Exams Practice Question and Answer
8Q: All of these are exemptions from local real property taxes EXCEPT : 1745 05b5cc70be4d2b4197774f2d2
5b5cc70be4d2b4197774f2d2- 1Low-income homeowner's exemptiontrue
- 2Homeowner's exemptionfalse
- 3Veteran's exemptionfalse
- 4Senior citizen's tax exemptionfalse
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Answer : 1. "Low-income homeowner's exemption"
Explanation :
Answer: A) Low-income homeowner's exemption Explanation: Under state law limited exemptions from local real property taxes for individuals who qualify are senior citizens(blind and disabled persons), who may defer their taxes; Veterans, who receive $4000 off assessed value; and homeowners, who receive $7000 off assessed value.
Q: Which country has built the world's largest amphibian aircraft ? 1745 05b5cc73ae4d2b4197774f8fd
5b5cc73ae4d2b4197774f8fd- 1Japanfalse
- 2Russiafalse
- 3Chinatrue
- 4Indiafalse
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Answer : 3. "China"
Explanation :
Answer: C) China Explanation: China's amphibian aircraft, which is stated to be the world's largest, has successfully passed engine tests and is expected to make its maiden flight in the first half of the year 2017.
Q: _______has conferred the 'Best Performance Award' for 2015-16 and 2016-17 to Karnataka VIKAS GRAMEEN Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs). 1744 05b5cc6cbe4d2b4197774e0ae
5b5cc6cbe4d2b4197774e0ae- 1B) for its work in the field of credit-linking joint liability groups (JLGs). A)false
- 2for its work in the field of credit-linking joint liability groups (JLGs). A) RBI B) RRBfalse
- 3NABARDtrue
- 4SBIfalse
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Answer : 3. "NABARD"
Explanation :
Answer: C) NABARD Explanation:
Q: What do you understand by Intercompany Settlement ? 1744 05b5cc6d8e4d2b4197774e77d
5b5cc6d8e4d2b4197774e77d- Show AnswerHide Answer
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Answer :
Explanation :
A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer. This process is known as Intercompany Settlement.
Q: What it goes up but never comes down? 1744 05b5cc6b4e4d2b4197774d4fc
5b5cc6b4e4d2b4197774d4fc- 1Umbrellafalse
- 2Hot air balloonfalse
- 3Agetrue
- 4Rocketfalse
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Answer : 3. "Age"
Explanation :
Answer: C) Age Explanation: Yeah, its your AGE which always goes up but sadly never comes down.
Q: Which of the following is an Autoimmune disease? 1743 05b5cc6a6e4d2b4197774cd18
5b5cc6a6e4d2b4197774cd18- 1Systematic lupus erythematosustrue
- 2Acute anaphylaxisfalse
- 3Farmer's lungfalse
- 4A heart attackfalse
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Answer : 1. "Systematic lupus erythematosus"
Explanation :
Answer: A) Systematic lupus erythematosus Explanation: An autoimmune disease is a condition in which your immune system mistakenly attacks your body. The immune system normally guards against germs like bacteria and viruses. When it senses these foreign invaders, it sends out an army of fighter cells to attack them. Normally, the immune system can tell the difference between foreign cells and your own cells. In an autoimmune disease, the immune system mistakes part of your body — like your joints or skin — as foreign. It releases proteins called autoantibodies that attack healthy cells. Some autoimmune diseases target only one organ. Type 1 diabetes damages the pancreas. Other diseases, like lupus, affect the whole body. Hence, Systematic lupus erythematosus is an autoimmune disease that affects multiple organs.
Q: Between two book-ends in your study are displayed your four favourite love story books. If you decide to arrange the four books in every possible combination and moved just one book every minute, how long would it take you ? 1743 05b5cc71ee4d2b4197774f5db
5b5cc71ee4d2b4197774f5db- 154 minutesfalse
- 232 minutesfalse
- 348 minutestrue
- 424 minutesfalse
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Answer : 3. "48 minutes"
Explanation :
Answer: C) 48 minutes Explanation: Possible arrangements for 4 books are 4x3x2x1 = 24For making a new arrangement, two books are required to be moved.One book takes one minute, then for 2 booksSo total 24 x 2 = 48 mins.
Q: What was the theme of World Consumer Rights Day 2017 ? 1742 05b5cc718e4d2b4197774f481
5b5cc718e4d2b4197774f481- 1A Step Towards Digital Worldfalse
- 2Building a Digital World Consumers can Trusttrue
- 3A smart Digital Consumersfalse
- 4A Tradition of Trust With Consumersfalse
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Answer : 2. "Building a Digital World Consumers can Trust"
Explanation :
Answer: B) Building a Digital World Consumers can Trust Explanation: World Consumer Rights Day is being observed today (15 March 2017) which is an awareness day and theme for this year is 'Building a Digital World Consumers can trust'.

