Thursday, 8 October 2015

Bank Entrance Sample Questions

1  A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is...... %
A. 7.5
B. 8
C. 8.5
D. 9.7
Correct Option. B
Explanation:  128 / 1552 = 0.082. Now 0.082 on Rs97 , so on Rs. 100?  = 0.082 x 100 /97 = 0.085 i.e 8.5%

2  ...... of a partner means that a partner breaks off his relations with all other partners and withdraws himself from the firm.
A. Admission
B. Submission
C. Permission
D. Retirement
Correct Option. D
Explanation: A and C are worthless. There is also no word as SUBMISSION relating to ending of relation. Hence D is the answer

3   A sum amounts to Rs. 2,916 in 2 years and to Rs. 3,149.28 in 3 years at Compound interest. The sum is......
A. Rs. 1,500
B. Rs. 2,000
C. Rs. 2,500
D. Rs. 3,000
Correct Option. C

4  The account maintained by an our Foreign Branches / Correspondents with our domestic branch (in India) is known as ......
A. Loro a/c
B. Vostro a/c
C. Special a/c
D. Nostro a/c
Correct Option. B


The Banking Ombudsman
A. is in charge of bank loans for buses
B. fixes the rates of interest for loans
C. resolves complaints of customer
D. is the head of all nationalized bank
Correct Option. C

6  What is the main theme of FRBM act for Indian econ0my......
A. To protect black money marketing
B. To protect Indian economy from inflation
C. To reduce the dependence of the govt on borrowings and help to reduce the fiscal deficit in a phased manner.
D. To reduce fiscal imbalance and give Indian economy future stability.
Correct Option. C


Which of the following is NOT a scheduled Commercial Bank ?
A. HDFC Bank
B. Axis Bank
C. IDBI Bank
D. NABARD
Correct Option. D

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