Banking Exam Notes

Probability means the chances of happening or occurring of an event. so, in this chapter we discuss about the Predictablity of an event to happen/occur.We usually predict about many events based on certain parameters.  For example Getting a head or tail when a coin is tossed The better we know about the parameters related to an event better will be the accuracy of the result predicted

Question 1 Average of 10 observation in a series is 64. If average of first 5 observation is 45 and last 3 observation is 71 . Find the average of remaining 2? Solution Question 2 Abhinav bought 55 books for Rs. 1,020 from one shop and 60 books for Rs. 1,280 from another shop. What is the average price he paid per book?  Solution  Question 3 Average of 11 numbers is 71 and the average of first 5 numbers is 73. If average of last 4 numbers is 84 and the ratio of 6 th and 7 th number is 9 : 7, then find the 6 th number.  Solution -

Percentage - percentage means for every hundred. A percentage is a number or ratio that represents a fraction of 100. It is often denoted by the symbol "%" or simply as "percent"  New Number When a Number Is Increased/Decreased by a Certain Percent       Word Problems Based On Percentage  Question 1 Ramola’s monthly income is three times Kavita’s monthly income. Kavita’s monthly income is 25% more than Ruchi’s monthly income. Ruchi’s monthly income is Rs. 34000. What is Ramola’s Annual income?  Answer - Question 2  Five-ninth of sixty two percent of a number is equal to 2790. What is the number?  

Question 1 ‘Fagli’ festival celebrated in which state of India?  Answer -  * The traditional ‘Fagli’ festival was celebrated in Yangpa village of Kinnaur district, Himachal Pradesh. The festival is organised to observe the “victory of good over evil”. * This festival is celebrated to mark the end of winter or the beginning of spring. * It is celebrated in the entire valley on the moonless night or Amavasya. Question 2 ‘Hola Mohalla’ festival was celebrated in which state of India? Answer - * ‘Hola Mohalla’ is the annual Sikh festival celebrated on the following day of the festival Holi at Sri Anandpur Sahib, Punjab. * The festival will be celebrated for 3 days from March 10 to 12, 2020. * The festival aims to physically strengthen Sikh community by holding acrobatic military exercises and mock battles. Question 3 What is the theme of the International Women’s Day (IMD) 2020? Answer - The UN Women’s theme for 2020 is “I am Generation Equality: Realizing Women’s R

Ratio And Proportion In Mathematics ratios and proportion is a very important concept. Let us understand the concepts with the help of examples and solved questions. Ratios Ratios are the mathematical numbers used to compare two things that are similar to each other in terms of units. For example, we can compare the length of a pencil to the length of a pen likewise distance to a unit that denotes distance. We can’t compare two things that are not similar to each other. Similarly, we can’t compare the height of a person to the weight of another person. As an illustration, suppose the weight of Rohan is 150 kg and the weight of Sohan is 300kg. A ratio of Rohan’s weight to Sohan’s weight can be found out by dividing Rohan’s weight to Sohan’s weight and vice versa. The ratio between Rohan’s and Sohan’s weight is 150/300= 1:2. A ratio is denoted by ‘:’. In the above case, we can say that 2 times the weight of Rohan equals the weight of Sohan or Rohan’s weight is half of Sohan’s w

Question 1  The NACH system provides a robust, secure and scalable platform to the participants with both transaction and file-based transaction processing capabilities. What does ‘NACH’ stand for?    A National Account Clear Home B National Automatic Clear House C National Automated Clearing House D National Account Clearing House E National Auto Clear House SOLUTION- NACH stands for - National Automated Clearing House National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for banks, financial institutions, corporates and the Government. NACH is a web-based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature. NACH System can be used for making bulk transactions towards the distribution of subsidies, dividends, interest, salary, pension, etc. and also towards the collection of payments pertaining to telephone, electricity, water, lo

AVERAGE   average " refers to the arithmetic mean, the sum of the numbers divided by how many numbers are being averaged   Average = Sum of Observations/Number of Observations => S = A × N Important Points To Remember a) If all the numbers are increased by ‘a’, then their average will also be increased by ‘a’. b) If all the numbers are decreased by ‘a’, then their average will also be decreased by ‘a’. c) If all the numbers are multiplied by ‘a’, then their average will also be multiplied by ‘a’. d) If all the numbers are divided by ‘a’, then their average will also be divided by ‘a’ Some Important Formulas Related To Average Word Problems With Answer Based On Average

Puzzle are problems intentionally designed to stimulate the brain into devising solution. The candidate is required to analyze the given information, convert it into a suitable form and answer the question asked. The extent to which puzzles have become a part of daily life can be gauged from the popularity of crosswords, jigsaw puzzles and sudoku. In competitive exams like SBI PO , SBI CLERK, IBPS PO , IBPS CLERK, IBPS RRB PO, IBPS RRB CLERK different types of puzzles are asked like 1. Floor Based Puzzle 2. Day Based Puzzle 3. Month Based Puzzle 4. Blood Relation Based Puzzles 5. Date and year based puzzle