Bank Exams Practice Question and Answer

Q: Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them? a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7. b. Pranay's share in the profit is Rs. 8750. 1218 0

  • 1
    Only a is sufficient
    Correct
    Wrong
  • 2
    Neither a nor b is sufficient
    Correct
    Wrong
  • 3
    Only b is sufficient
    Correct
    Wrong
  • 4
    Both a and b sufficient
    Correct
    Wrong
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Answer : 4. "Both a and b sufficient"
Explanation :

Answer: D) Both a and b sufficient Explanation: Given Pranay's profit in the share is Rs. 8750 But given that their investments are in the ratio 2:4:7 713×P = 8750 P = 16250 Now Anand's share = 413×16250 = Rs.5000 Thus both staements a and b are sufficient to answer this question.

Q: A began a business with Rs. 85000. He was joined afterwards by B with Rs. 42,500. For how much perod does B join, if the profits at the end of the year are divided in the ratio of 3:1 ? 1173 0

  • 1
    8 months
    Correct
    Wrong
  • 2
    6 months
    Correct
    Wrong
  • 3
    7 months
    Correct
    Wrong
  • 4
    9 months
    Correct
    Wrong
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Answer : 1. "8 months"
Explanation :

Answer: A) 8 months Explanation: Suppose B joined for x months. Given profit is divided in the ratio 3:1. Then, 85000×1242500×x=31  --> x = 8 months.

Q: Madhu started a business and he invested in 76000, After some month, Amar came to join with him and invest 57000.The end of the year the total profit was divided among them into ratio form 2 : 1.Find after how many months Amar join. 1545 0

  • 1
    7 months
    Correct
    Wrong
  • 2
    8 months
    Correct
    Wrong
  • 3
    3 months
    Correct
    Wrong
  • 4
    4 months
    Correct
    Wrong
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Answer : 4. "4 months"
Explanation :

Answer: D) 4 months Explanation: we can assume that Amar join into business after x months. So Amar money was invest into  (12 – x ) months.   76000×1257000×(12-x)=21   --> 912000 = 114000 ( 12 – x ) = 114 ( 12 – x ) = 912 --> x = 4 After 4 months amar join the business.

Q: K and L start a business jointly. K invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit L claims 2/7th share. How much money is contributed by L? 1329 0

  • 1
    Rs. 13,204
    Correct
    Wrong
  • 2
    Rs. 14,521
    Correct
    Wrong
  • 3
    Rs. 12,800
    Correct
    Wrong
  • 4
    Rs. 15,000
    Correct
    Wrong
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Answer : 3. "Rs. 12,800"
Explanation :

Answer: C) Rs. 12,800 Explanation: Given share of L is 2/7 th of profit. Then, their profits are divided in to 5:2 ratio. Ratio of K and L is 16000×8x×4=52 x = Rs. 12,800.

Q: Would you lie for the company ? 802 0

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Answer :
Explanation :

This is one of the trickiest questions in the world of interviewing, as it pits two morals against each other − Loyalty verses Honesty. In such cases, try to give an answer that’s as diplomatic as possible, like − I will never do anything that could cast a shadow on the company’s image and reputation. I will always consult with my seniors before taking a decision, so that they can guide me with their expertise and level of experience.

Q: If everyone on the team is a veteran, what will you do to fit in ? 943 0

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Answer :
Explanation :

This answer shows steps of becoming a team member that doesn't appear to be in training. It is describing ways to limit training times in meetings, and include that a new worker could benefit an existing team by making a list of ideas. Even if everyone is a veteran, I feel confident I can fit right in. I would prepare as much as I can by reading existing material to catch up on the project. I would plan for meetings by making a list of questions I have and finding the answers to these questions before the meeting. I would also create a list of ideas through the documents I have read. A fresh mind could help with creative solutions. I know that I would be required to study a lot in the beginning, but I would be able to do so at home or by working late in the office.

Q: Describe a time when you made a mistake ? 1252 0

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Answer :
Explanation :

Mention the mistake and be honest about it, but always make sure that you follow it up with what you learnt from that episode and the improvements it has brought to your efficiency.

Q: Statement: There is a substantial increase in the number of accidents causing deaths and severe injuries due to malfunctioning of the traffic signals.Course of action:a. The traffic police should immediately post traffic personnel at the junctions.b. The signal system should immediately be repaired or replaced. 1308 0

  • 1
    Only a follows
    Correct
    Wrong
  • 2
    Either a or b follows
    Correct
    Wrong
  • 3
    Only b follows
    Correct
    Wrong
  • 4
    Neither a nor b follows
    Correct
    Wrong
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Answer : 2. "Either a or b follows"
Explanation :

Answer: B) Either a or b follows Explanation: Clearly, either the traffic signals should be made to function properly or traffic personnel should be deployed to guide vehicular movement in the right way. So either I or II follows.

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