Bank Exams Practice Question and Answer

Q: What is the basic objective of monetary policy? 1578 0

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Answer :
Explanation :

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output. Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

Q: A mother can do a certain job in x hours. Her daughter takes twice as long to do the job. Working together, they can do the job in 6 hours. How many hours does the mother take to do the job ? 1578 0

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    3
    Correct
    Wrong
  • 2
    6
    Correct
    Wrong
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    9
    Correct
    Wrong
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    12
    Correct
    Wrong
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Answer : 3. "9"
Explanation :

Answer: C) 9 Explanation: The mother completes the job in x hours.So, the daughter will take 2x hours to complete the same job.   In an hour, the mother will complete 1/x of the total job.In an hour, the daughter will complete 1/2x of the total job.   So, if the mother and daughter work together, in an hour they will complete 1/x + 1/2x of the job.i.e., in an hour they will complete 3/2x of the job.   The question states that they complete the entire task in 6 hours if they work together.i.e., they complete 1/6 th of the task in an hour.   Equating the two information, we get 3/2x = 1/6By solving for x, we get 2x = 18 or x = 9.   The mother takes 9 hours to complete the job.

Q: I have keys but no locks, I have space but no room. You can enter but can't go outside. What am I? 1577 0

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Answer :
Explanation :

I am Keyboard. A Keyboard has keys of letters, space button and enter button.

Q: Who has won the 2017 Man Booker International Prize  ? 1577 0

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    Roy Jacobsen
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    Amos Oz
    Correct
    Wrong
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    David Grossman
    Correct
    Wrong
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    Ian Samsom
    Correct
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Answer : 3. "David Grossman"
Explanation :

Answer: C) David Grossman Explanation: David Grossman has become the first Israeli author to win the 2017 Man Booker International prize for his novel “A Horse Walks Into a Bar”. The novel was translated by Jessica Cohen and is published in Britain by Jonathan Cape. The book is an ambitious high-wire act of a novel that shines a spotlight on the effects of grief, without any hint of sentimentality. Since 2016, the Man Booker International Prize awards both the winning author and translator £25,000. To be considered for the prize, books had to be translated into English and published in the UK between May 1, 2016 and April 30, 2017.

Q: A simple interest earned on certain amount is triple the money when invested for 16 years.what is the interest rate offered ? 1576 0

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    13.33 %
    Correct
    Wrong
  • 2
    14.25 %
    Correct
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    16.98 %
    Correct
    Wrong
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    18.75 %
    Correct
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Answer : 4. "18.75 %"
Explanation :

Answer: D) 18.75 % Explanation: Given,S.I = 3 Principal Amount=> 3A = A x 16 x R/100By solving, we get => R = 18.75%

Q: Updated List of Cabinet Ministers of India in September 2017 ? 1575 0

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Answer :
Explanation :

Sr. No             Minister                         Portfolio  1.           Shri Narendra Modi         Prime Minister and also in-charge of:                                                            – Ministry of Personnel                                                            – Public Grievances and Pensions                                                            – Department of Atomic Energy                                                            – Department of Space   All important policy issues and all other portfolios not allocated to any Minister.   2.           Shri Raj Nath Singh         Minister of Home Affairs   3.           Smt. Sushma Swaraj       Minister of External Affairs   4.           Shri Arun Jaitley            -  Minister of Finance                                                     – Minister of Corporate Affair  5.           Shri Nitin Jairam Gadkari   – Minister of Road Transport & Highway                                                       – Minister of shipping                                                        – Minister of Water Resources, River Development & Ganga Rejuvenation  6.           Suresh Prabhu                     Minister of Commerce & Industry  7.           D.V Sadananda Gowda        Minister of Statistics & Programme Implementation  8.           Sushri Uma Bharati             Minister of Drinking Water & Sanitation  9.           Nirmala Sitharaman            Minister of Defence  10.         Mukhtar Abbas Naqvi          Minister of Minority Affairs  11.         Shri Ramvilas Paswan         Minister of Consumer Affairs, Food & Public Distribution  12.         Maneka Sanjay Gandhi       Minister of Women & Child Development  13.         Shri Ananth Kumar          – Minister of Chemicals & Fertilizers                                                    – Ministry of Parliamentary Affairs  14.         Shri. Ravi Shankar Prasad    – Minister of Law & Justice                                                                                                    – Minister of Electronics & Information Technology           15.         Shri Jagat Prakash Nadda      Minister of Health & Family Welfare 16.         Ashok Gajapathi Raju Pusapati     Minister of Civil Aviation 17.         Shri. Anant Geete                      Minister of Heavy Industries & Public Enterprises      18.         Smt. Harsimrat Kaur Badal         Minister of Food Processing Industries 19.         Shri Narendra Singh Tomar         – Minister of Rural Development                                                             – Minister of Panchayati Raj                                                            – Minister of Drinking Water & Sanitation 20.         Shri Chaudhary Birender Singh      Minister of Steel 21.         Shri Jual Oram                              Minister of Tribal Affairs 22.         Shri Radha Mohan Singh                Minister of Agriculture & Farmers Welfare           23.         Shri Thawar Chand Gehlot              Minister of Social Justice & Empowerment 24.         Smt. Smriti Irani                           – Minister of Textiles                                                                – Minister of Information & Broadcasting             25.         Dr Harsh Vardhan                         – Minister of Science & Technology                                                                – Minister of Earth Sciences                                                               – Minister of Environment, Forest & Climate Change 26.          Prakash Javadekar                        Human Resource Development 27.          Piyush Goyal                                 – Minister of Railways                                                                 – Minster of Coal 28.         Dharmendra Pradhan                     – Minister of Petroleum & Natural Gas                                                                – Minister of Skill Development & Enterprise

Q: Who has been elected as 13th Vice President of India ? 1575 0

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    M Venkaiah Naidu
    Correct
    Wrong
  • 2
    Gopalkrishna Gandhi
    Correct
    Wrong
  • 3
    Hamid Ansari
    Correct
    Wrong
  • 4
    Ram Nath Kovind
    Correct
    Wrong
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Answer : 1. "M Venkaiah Naidu"
Explanation :

Answer: A) M Venkaiah Naidu Explanation:

Q: India's largest telecom operator Bharti Airtel announced a partnership with __________ to provide cyber security solutions to businesses in India. 1574 0

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    Symantec Corp
    Correct
    Wrong
  • 2
    Mimecast
    Correct
    Wrong
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    Cisco
    Correct
    Wrong
  • 4
    Raytheon
    Correct
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Answer : 1. "Symantec Corp"
Explanation :

Answer: A) Symantec Corp Explanation:

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