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What is  an account?

Important Questions on Banking

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Mathematics>Arithmetic>Banking>Basic Terminology in Banking

The two Nationalised banks logos are given. Identify the correct option that matches.

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I. Syndicate Bank and Canara Bank.

II. Canara Bank and Punjab National Bank.

III. Canara Bank and State Bank of India.

IV. State bank of India and H.D.F.C bank

MEDIUM
Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Identify the correct statements related to the current account :

i. It is opened by businessmen who have a large number of regular transactions.

ii. It includes deposits, withdrawals, and contra transactions.

iii. In the current account, the amount can be deposited only one time a day.

iv. Generally banks do not give any interest on these deposits.

MEDIUM
Mathematics>Arithmetic>Banking>Basic Terminology in Banking

The correct group of statements related to the functions and characteristics of banks.

A. Acceptance of deposits and deals with money.

B. Issuing national savings certificates.

C. Issuing letters of credit guarantee.

D. Discounting of bills.

HARD
Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Total income of Ramesh, Suresh and Preeti is 8,07,000 rupees. The percentages of their expenses are 75%, 80% and 90% respectively. If the ratio of their savings is 16 : 17 : 12, then find the annual saving of each of them.
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
In a test, minimum passing percentage for girls and boys is 35% and 40%, respectively. A boy scored 483 marks and failed by 117 marks. What are the minimum passing marks for girls ?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Study the following Graph carefully and answer the questions given below it.

Profit Earned by a Company during Various Years (profit earned in lakhs)

Profit = Income - Expenditure


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If the income of the company in the year 2007 was Rs.45 lakhs, what was the expenditure of the company in that year?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking

Rent will be paid by customer to bank for using

HARD
Mathematics>Arithmetic>Banking>Basic Terminology in Banking
The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price was Rs. 400 which is greater than corresponding cost price by 33.33% what is the increased selling price ?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Study the following Graph carefully and answer the questions given below it.

Profit Earned by a Company during Various Years (profit earned in lakhs)

Profit = Income - Expenditure


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What is the approximate percent increase in the profit of the company in the year 2008 from the previous year?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Vinod makes a profit of Rs. 110, if he sells a certain number of pencils at the rate of Rs. 2.5 per pencil and incurs a loss of Rs. 55 if he sells the same number of pencils for Rs. 1.75 per pencil. How many pencils does Vinod have?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Prabha started a business investing Rs. 32000. After 5 months, Amit joined her with a capital of Rs. 22000. At the end of the year the total profit was Rs. 16409. What is Prabha's share of the profit ?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
A, B and C started a business by investing ₹ 12800, ₹ 16800 and ₹ 9600 respectively. If after 8 months B received ₹ 13125 as his share of profit, what amount did C get as his share of profit ?
EASY
Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Study the following Graph carefully and answer the questions given below it.

Profit Earned by a Company during Various Years (profit earned in lakhs)

Profit = Income - Expenditure


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If the expenditure of the company in the year 2009 was Rs. 28 lakhs, what was the income of the company in the year?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
A merchant bought some goods worth ₹ 6000 and sold half of them at 12% profit. At what profit per cent should he sell the remaining goods to make and overall profit of 18%?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Mr. Shirke distributes the money he has among his 2 sons, 1 daughter and wife in such a way that each son gets double the amount of the daughter and the wife gets double the amount of each son. If each son gets Rs. 8500, what was the total amount distributed?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Shankar started a business with an investment of Rs. 120000. After 3 month Awani joined him with Rs. 190000. At the end of the year they earned a profit of Rs. 175000000. What is the share of Awani in the profit
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Prerna decided donate 15% of her salary to an orphanage. On the day of donation, she changed her mind and donated Rs. 1896, which was 80% of what she had decided earlier. How much is Prerna's salary ?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Ashok being the sleeping partner receives 110 of the profit and the remaining is divided between Pramod and Prakash in the ratio of 1.25 : 1. If the difference between the shares of Prakash and Ashok is ₹ 8340 , what is Pramod's share (in ₹ )?
EASY
Mathematics>Arithmetic>Banking>Basic Terminology in Banking
Study the following Graph carefully and answer the questions given below it.

Profit Earned by a Company during Various Years (profit earned in lakhs)

Profit = Income - Expenditure


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What is the respective ratio of the profit earned by the company in the year 2005 to the profit earned by the company in the year 2009?
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Mathematics>Arithmetic>Banking>Basic Terminology in Banking

What will bank customers pay for using safe deposit locker facilities?