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Q:

A bank offers 15% compound interest per half year. A customer deposits Rs 7200 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by means of interest is

A) Rs 6803 B) Rs 850
C) Rs 3402 D) Rs 1701
 
Answer & Explanation Answer: C) Rs 3402

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Filed Under: Compound Interest
Exam Prep: Bank Exams

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Q:

The whole surface area of a pyramid whose base is a regular polygon is 340 cm2 and area of its base is 100 cm2 . Area of each lateral face is 30 cm2. Then the number of lateral faces is

A) 8 B) 9
C) 7 D) 10
 
Answer & Explanation Answer: A) 8

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

What is the slope of the line perpendicular to the line passing through the points (­6,3) and (2,7)?

A) -2 B) 2
C) 1/2 D) -1/2
 
Answer & Explanation Answer: A) -2

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

In May 2017, the Base year of All-Indian WPI (Wholesale Price Index) has been revised from 2004-05 to ______.

A) 2010-11 B) 2015-16
C) 2011-12 D) 2016-17
 
Answer & Explanation Answer: C) 2011-12

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A triangle is circumscribed on the circle of centre O in such a way that sides AB = 12 cm, BQ = 7 cm and CQ = 5 cm. Calculate the lengtth (in cm) of side AC.

A) 8 B) 10
C) 12 D) 14
 
Answer & Explanation Answer: B) 10

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost. B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota. D) constitutes a general case for permanent tariffs.
 
Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who is called as 'Bismarck of India'?

A) Jawaharlal Nehru B) Vallabhai Patel
C) Sarojini Naidu D) Lokamanya Tilak
 
Answer & Explanation Answer: B) Vallabhai Patel

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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