Bank Exams Practice Question and Answer

Q: Interest is usually associated with 2153 0

  • 1
    doubtful accounts
    Correct
    Wrong
  • 2
    bad debts
    Correct
    Wrong
  • 3
    accounts receivable
    Correct
    Wrong
  • 4
    notes receivable
    Correct
    Wrong
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Answer : 4. "notes receivable"
Explanation :

Answer: D) notes receivable Explanation: Interest is usually associated with notes receivable.

Q: What does the APR on a credit card determine? 1191 0

  • 1
    fee paid by bank for deposits
    Correct
    Wrong
  • 2
    fee paid for borrowing money
    Correct
    Wrong
  • 3
    Both A & B
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 2. "fee paid for borrowing money"
Explanation :

Answer: B) fee paid for borrowing money Explanation: A credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date. Your APR is expressed in terms of a year, but credit card companies use it to calculate charges over your monthly statement period.

Q: Complete the next number in the given number series? 21 56 102 160 231 316 2470 0

  • 1
    416
    Correct
    Wrong
  • 2
    415
    Correct
    Wrong
  • 3
    414
    Correct
    Wrong
  • 4
    413
    Correct
    Wrong
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Answer : 1. "416"
Explanation :

Answer: A) 416 Explanation: The given number series is  21 56 102 160 231 316   21      56       102        160      231       316         416    +35    +46       +58       +71      +85       +100         +11      +12       +13      +14      +15   Hence, the next number in the given number series is 316 + 100 = 416.

Q: Which best describes Genes? 2304 0

  • 1
    long, double chains of nucleic acids.
    Correct
    Wrong
  • 2
    long, single chains of amino acids.
    Correct
    Wrong
  • 3
    long, single chains of nucleic acids.
    Correct
    Wrong
  • 4
    long, double chains of amino acids.
    Correct
    Wrong
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Answer : 1. "long, double chains of nucleic acids."
Explanation :

Answer: A) long, double chains of nucleic acids. Explanation: Gene is a segment of chromosomal DNA or a sequence of DNA or RNA that codes for a molecule that has a function. It is the basic physical and functional unit of heredity.   As genes are made up of DNA it impies that they are long, double chains of nucleic acids as DNA is made of nucleic acids.

Q: Simplify the following equation 55.55 + 155 + 15.55 + 0.5 + 0.05 = ? 2508 0

  • 1
    226.65
    Correct
    Wrong
  • 2
    196.55
    Correct
    Wrong
  • 3
    202.35
    Correct
    Wrong
  • 4
    216.66
    Correct
    Wrong
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Answer : 1. "226.65"
Explanation :

Answer: A) 226.65 Explanation: 55.55 + 155 + 15.55 + 0.5 + 0.05 = ?    55.55 155.00  15.55    0.5    0.05 _______ 226.65 _______   Hence, the value of the given equation 55.55 + 155 + 15.55 + 0.5 + 0.05 = 226.65.

Q: The shadow zone exists because 2264 0

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Answer :
Explanation :

The shadow zone is the area of the earth from angular distances of 104 to 140 degrees from a given earthquake that does not receive any direct P waves. The shadow zone results from S waves being stopped entirely by the liquid core and P waves being bent (refracted) by the liquid core. There are two types of Shadow zones: one for P waves and one for S waves.   P wave shadows between 104-140 degree, both sides; S wave shadow from 105 of one side to 105 of the other.

Q: Tennis rackets and ballpoint pens are 2555 0

  • 1
    complementary goods
    Correct
    Wrong
  • 2
    independent goods
    Correct
    Wrong
  • 3
    inferior goods
    Correct
    Wrong
  • 4
    substitute goods
    Correct
    Wrong
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Answer : 2. "independent goods"
Explanation :

Answer: B) independent goods Explanation: Tennis rackets and ballpoint pens are two independent goods. Since, one doesn't depend on the other.

Q: Indian state where Uniform Civil Code is applied? 1278 0

  • 1
    Uttarakhand
    Correct
    Wrong
  • 2
    Uttar Pradesh
    Correct
    Wrong
  • 3
    Goa
    Correct
    Wrong
  • 4
    Delhi
    Correct
    Wrong
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Answer : 3. "Goa"
Explanation :

Answer: C) Goa Explanation: Uniform civil code is the ongoing point of debate within Indian mandate to replace personal laws based on the scriptures and customs of each major religious community in India with a common set of rules governing every citizen.   Goa is the only state in INdia where Uniform Civil Code is applied. Laws are equal to all religion. Polygamy and triple talaq are illegal.

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