Bank Exams Practice Question and Answer

Q: When an already listed organisation makes fresh issue of securities to the public, it is known as ________. 1438 0

  • 1
    IPO
    Correct
    Wrong
  • 2
    Preferential Issue
    Correct
    Wrong
  • 3
    Rights Issue
    Correct
    Wrong
  • 4
    FPO
    Correct
    Wrong
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Answer : 4. "FPO"
Explanation :

Answer: D) FPO Explanation: FPO (Follow on Public Offer) is a process by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters. FPO is used by companies to diversify their equity base. A follow-on public offer (FPO) is also called Further Public Offer.

Q: Which state government has launched 'People First' mobile application for grievance redressal ? 1436 0

  • 1
    Uttar Pradesh
    Correct
    Wrong
  • 2
    Maharashtra
    Correct
    Wrong
  • 3
    Gujarat
    Correct
    Wrong
  • 4
    Andhra Pradesh
    Correct
    Wrong
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Answer : 4. "Andhra Pradesh"
Explanation :

Answer: D) Andhra Pradesh Explanation:

Q: Crack the code? 1436 0

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Answer :
Explanation :

STARTLING is a required 9 letter English word is still a word each time you remove a letter from the word. And how it is shown below:    1. Remove the L, and the word becomes: STARTING 2. Remove one T, and the word becomes: STARING 3. Remove the A, and the word becomes: STRING 4. Remove the R, and the word becomes: STING 5. Remove the other T, and the word becomes: SING 6. Remove the G, and the word becomes: SIN 7. Remove the S, and the word becomes: IN 8. Remove the N, and the word becomes: I

Q: H T 6 # E 7 $ K I L % 3 P @ 2 A J R U 4 * V D What will come in place of the question mark(?) in the following series based on the above arrangement ? T#6  7K$  L3% ? 1434 0

  • 1
    @2A
    Correct
    Wrong
  • 2
    A@2
    Correct
    Wrong
  • 3
    2A@
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these"
Explanation :

Answer: D) None of these Explanation:

Q: A lady took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 5400 interest only for the period. The principal amount borrowed by her was : 1433 0

  • 1
    Rs. 15,000
    Correct
    Wrong
  • 2
    Rs. 1,50,000
    Correct
    Wrong
  • 3
    Rs. 1500
    Correct
    Wrong
  • 4
    Rs. 1,62,000
    Correct
    Wrong
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Answer : 1. "Rs. 15,000"
Explanation :

Answer: A) Rs. 15,000 Explanation: Principal = Rs.(100 x 5400)/(12 x 3)= Rs. 15000.

Q: For intra-State movement, the e-way bill by GST council will be rolled out in a phased manner beginning April 15 and will cover all the States by 1432 0

  • 1
    May 1
    Correct
    Wrong
  • 2
    June 1
    Correct
    Wrong
  • 3
    May 31
    Correct
    Wrong
  • 4
    July 31
    Correct
    Wrong
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Answer : 1. "May 1"
Explanation :

Answer: A) May 1 Explanation: For intra-State movement, the e-way bill will be rolled out in a phased manner beginning April 15 and will cover all the States by June 1. Businesses will continue to file summary sales return GSTR-3B until June as the GST (Goods and Services Tax) Council has extended the present system of return-filing by three months. Electronic way or e-way bill for movement of goods between States would be implemented from April 1.

Q: Who was appointed as Director General of Goods and Service Tax Intelligence (DG GSTI) ? 1430 0

  • 1
    Uttam Singh
    Correct
    Wrong
  • 2
    Gurindar Chadha
    Correct
    Wrong
  • 3
    Richard Verma
    Correct
    Wrong
  • 4
    John Joseph
    Correct
    Wrong
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Answer : 4. "John Joseph"
Explanation :

Answer: D) John Joseph Explanation:

Q: How many minutes does a watch lose per day, if its hands coincide every 64 minutes ? 1429 0

  • 1
    36 7/9 min
    Correct
    Wrong
  • 2
    32 8/11 min
    Correct
    Wrong
  • 3
    34 3/11 min
    Correct
    Wrong
  • 4
    65 5/11 min
    Correct
    Wrong
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Answer : 2. "32 8/11 min"
Explanation :

Answer: B) 32 8/11 min Explanation: 55 min. spaces are covered in 60 min. 60 min. spaces are covered in min. = min. Loss in 64 min. = min. Loss in 24 hrs = min. = min.

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