Bank PO Questions


Q:

Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received Rs.550 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received Rs.605 as interest. What was the value of his total savings before investing in thesetwo bonds?

A) Rs.2543 B) Rs.2534
C) Rs.2546 D) Rs.2750
 
Answer & Explanation Answer: D) Rs.2750

Explanation:

 

Shawn received an extra amount of (Rs.605 – Rs.550) Rs.55 on his compound interest paying bond as the interest that he received in the first year also earned interest in the second year.

 

The extra interest earned on the compound interest bond = Rs.55

 

The interest for the first year =550/2 = Rs.275

 

Therefore, the rate of interest =55275*100= 20% p.a.

 

20% interest means that Shawn received 20% of the amount he invested in the bonds as interest.

 

If 20% of his investment in one of the bonds = Rs.275, then his total investment in each of the  bonds =27520*100 = 1375. 

As he invested equal sums in both the bonds, his total savings before investing = 2 x 1375 =Rs.2750.

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

12 11261
Q:

Chief component of first generation computer was

A) Vacuum tubes B) integrated circuits
C) transisters D) None of the above
 
Answer & Explanation Answer: A) Vacuum tubes

Explanation:

chief_component_of_first_generation_computer_was1538216221.jpg image

 

The chief component in the first generation computers are  Vacuum tubes.

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Filed Under: Computer
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

16 11240
Q:

Why ABC computer is called so ?

A) Because it was thought to be the first computer so named with first alphabets of English B) Because it was developed by Atanasoff and Berry
C) Both of above are the reason to name the computer ABC D) None of the above
 
Answer & Explanation Answer: A) Because it was thought to be the first computer so named with first alphabets of English

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

11 11237
Q:

In a purse there are 30 coins, twenty one-rupee and remaining 50-paise coins. Eleven coins are picked simultaneously at random and are placed in a box. If a coin is now picked from the box, find the probability of it being a rupee coin?

A) 4/7 B) 2/3
C) 1/2 D) 5/6
 
Answer & Explanation Answer: B) 2/3

Explanation:

Total coins 30

In that,

1 rupee coins 20

50 paise coins 10

Probability of total 1 rupee coins =  20C11

Probability that 11 coins are picked = 30C11

Required probability of a coin now picked from the box is 1 rupee = 20C11/30C11 = 2/3.

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Filed Under: Probability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

17 11235
Q:

One-quarter of one-seventh of a land is sold for Rs. 30,000. What is the value of an four fifteenth of land ?

A) Rs.1,92,000 B) Rs.2,24,000
C) Rs.1,26,000 D) Rs.3,42,000
 
Answer & Explanation Answer: B) Rs.2,24,000

Explanation:

One-quarter of one-seventh = 1/4 x 1/7
= 1/28
Now, 1/28 of a land costs = Rs. 30,000
Thus, 8/35 of the land will cost = 30,000 x 28 x 4/15
= Rs. 2,24,000.

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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

15 11219
Q:

photosynthesis takes place faster in

A) darkness B) red light
C) white light D) yellow light
 
Answer & Explanation Answer: C) white light

Explanation:

As far as the rate of photosynthesis is concerned, it is fastest in white light making the rate of photosynthesis maximum.

After White, We Have Violet Light Where Photosynthesis Occur To A Higher Extent as It Has The Shortest Wavelength Hence Has The Max Energy.

 

So The Order Is  ::  white>violet>blue.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

24 11207
Q:

Errata : Books :: flaws :?

A) Speech B) Manuscripts
C) Charter D) Metals
 
Answer & Explanation Answer: D) Metals

Explanation:

Errata comprises from the books. Similarly, Flaws are the defects in the metals.

Hence, Errata : Books :: flaws : Metals.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT
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6 11198
Q:

After working for 8 days, Arun finds that only 13 rd of the work has been done. He employs Akhil who is 60% as efficient as Arun. How many days more would Akhil take to complete the work?

A) 24.5 days B) 26.6 days
C) 25 days D) 20 days
 
Answer & Explanation Answer: B) 26.6 days

Explanation:

Arun has completed 13rd of the work in 8 days

Then he can complete the total work in

13 ---- 8

 1 ---- ?

= 24 days


But given Akhil is only 60% as efficient as Arun

Akhil =124×60100=140

Akhil can complete the total work in 40 days

Now, remaining 2/3rd of work can be completed in

 1  ------   40

23 ------   ?  

= 26.66 days.

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Filed Under: Time and Work
Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

18 11195