Bank PO Questions


Q:

Find the C.I. on Rs. 15,225 for 9 months at 16% per annum compounded quarterly ?

A) Rs. 1911 B) Rs. 1909
C) Rs. 1901 D) Rs. 1907
 
Answer & Explanation Answer: C) Rs. 1901

Explanation:

P = Rs. 15225, n = 9 months = 3 quarters, R = 16% p.a. per quarter.

 

Amount = 15225x1+41003

 

= (15225 x 26/25 x 26/25 x 26/25) = Rs. 17126.05

 

=> C.I. = 17126 - 15625 = Rs. 1901.05.

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Filed Under: Compound Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

10 7842
Q:

Protagonist is to heroine as clothing is to

A) Jeans B) Villain
C) Hero D) Shopping
 
Answer & Explanation Answer: A) Jeans

Explanation:

Protagonist and heroine are synonums to each other. Similarly, clothing and jeans are synonyms to each other in the given options. 

 

Hence, Protagonist is to heroine as clothing is to jeans.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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2 7838
Q:

The layer of air around the earth is known as

A) Troposphere B) Ionosphere
C) Atmosphere D) Ozone layer
 
Answer & Explanation Answer: C) Atmosphere

Explanation:

The layer of air around the earth is known as Atmosphere. And this atmosphere has 4 layers like troposhere, stratosphere, ionosphere and mesosphere.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
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34 7836
Q:

The average age of 7 boys is increased by 1 year when one of tem whose age is replaced by a girl. What is the age of the girl ?

A) 33 yrs B) 27 yrs
C) 21 yrs D) 29 yrs
 
Answer & Explanation Answer: D) 29 yrs

Explanation:

Let the avg age of 7 boys be 'p' years
Let the age of the girl be 'q' years
From given data,
The age of 7 boys = 7p years
Now the new average = (p + 1) when 22 yrs is replaced by q
Now the age of all 7 will become = 7(p + 1) yrs
Hence, 7p - 22 + q = 7(p + 1) yrs
7p - 22 + q = 7p + 7
q = 22 + 7 = 29

Therefore, the age of girl = q = 29 years.

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Filed Under: Average
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17 7836
Q:

In what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually?

A) 2years B) 3years
C) 4years D) 5years
 
Answer & Explanation Answer: B) 3years

Explanation:

Principal = Rs.1000;

Amount = Rs.1331;

Rate = Rs.10%p.a.

 

Let the time be n years.Then

[1000(1+10/100)Λn;]

= 1331.

= (1331/1000)

= (11/10)³

 

Therefore n = 3 years.

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

3 7830
Q:

A plane is an undefined term because it

A) is a flat surface that extends indefinitely in all directions B) is where other geometric shapes can be constructed
C) is described generally, not using a formal definition D) can be named using three noncollinear points
 
Answer & Explanation Answer: C) is described generally, not using a formal definition

Explanation:

In geometry, we can define plane as a flat surface with no thickness.

The surface extends with no ends.

A plane does not have any edges even if we draw it on paper with edges, it does't mean it has edges.

 

Hence, A plane is an undefined term because it is described generally, not using a formal definition.

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Filed Under: Arithmetical Reasoning
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3 7828
Q:

A five-year promissory note with a face value of $3500, bearing interest at 11%  compounded semiannually, was sold 21 months after its issue date to yield the buyer 10% compounded quarterly.What amount was paid for the note

A) 4336.93 B) 5336
C) 6336 D) 7336
 
Answer & Explanation Answer: A) 4336.93

Explanation:

i=j/m

Maturity value = PV(1 + i)^n

Term = 5 years - 21 months=  3.25 years

Price paid = FV(1+ i )^-n

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

7 7812
Q:

1001 A N means

Answer

1001 A N means 1001 Arabian Nights.


 


These are same as 12 S of the Z, 64 S on a C, 19 C in CB, 8 S on SS, ...

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