Bank PO Questions and Answers with Explanation, Job Roles

Q:

Find the errors in the below given A, B, C & D sentences.

$\frac{F o r m e r p r i m e m i n i s t e r r u l e d h i m s e l f o u t}{(A)} / \frac{a s a n a l t e r n a t i v e r i g h t w i n g c a n d i d a t e f o r h i s p a r t y c o l l e a g u e}{(B)} /$

$\frac{w h o s e c a m p a i g n h a s b e e n t h r o w n i n t o c h a o s}{(C)} / \frac{b y a f a k e j o b s s c a n d a l}{(D)}$

A) A & C	B) B & D
C) A & D	D) C & B

Answer & Explanation Answer: C) A & D

Explanation:

A) As prime minister is an honorable person it must start with an Article 'The'.

D) a fake jobs => a indicates it is singular, so job will come.

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Filed Under: Verification of Truth of the statement
Exam Prep: TOEFL , GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

13 8159

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 8158

Q:

In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ?

A) Quarter months	B) Half year
C) 2 years	D) 1 year

Answer & Explanation Answer: B) Half year

Explanation:

3300 ----- 3% ↑ (1st time interval, 99) → 3399.

Here, time interval is given as half-yearly i.e. 6 months.

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

2 8157

Q:

Who became the fastest bowler to get to 250 wickets in the test matches ?

A) K. Rabada	B) R. Ashwin
C) T G Southee	D) Jadeja

Answer & Explanation Answer: B) R. Ashwin

Explanation:

Indian Cricket team off-spin specialist Ravichandran Ashwin has become the fastest cricketer to take 250 wickets in the Test matches. Ashwin surpassed Australian fast bowler Dennis Keith Lillee to reach the milestone of 250 Test wicket. Thus Ravichandran Ashwin has become the sixth Indian bowler to reach 250 test wickets.

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

12 8154

Q:

K and L start the business, with L investing the total capital of Rs. 40,000 on the condition that K pays L interest @ 8% per annum on his half of the capital. L is a working partner and receives Rs.1200 per month from the total profit and any profit reamaining is equally shared by both of them. At the end of the year, it was found that the income of L is twice that of K. Find the total profit for the year ?

A) Rs.44000	B) Rs.46400
C) Rs.480800	D) Rs.46000

Answer & Explanation Answer: B) Rs.46400

Explanation:

Interest received by L from K = 8% of half of Rs.40,000

$\Rightarrow \frac{8}{100} \times 20000 = 1600$

Amount received by L per annum for being a working partner = 1200 x 12 = Rs.14,400

Let 'A' be the part of remaing profit that 'L' receives as his share.

Total income of 'K' = only his share from the reamaing profit

= 'A', as both share equally.

Given income of L = Twice the income of K

--> (1600 + 14400 + A ) = 2A

--> A= Rs.16000

Thus total profit = 2A + Rs.14,400= 2(16000) + 14400

= 32000 +14400 = Rs.46,400.

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Filed Under: Partnership
Exam Prep: CAT
Job Role: Bank PO

13 8141

Q:

A train 900 m long is running at a speed of 78 km/hr. If it crosses a tunnel in 1 min, then the length of the tunnel is ?

A) 400 m	B) 300 m
C) 500 m	D) 600 m

Answer & Explanation Answer: A) 400 m

Explanation:

Speed = 78 x 5/18 = 65/3 m/sec.
Time = 1 min = 60 sec.
Let the length of the train be x meters.
Then, (900 + x)/60 = 65/3
x = 400 m.

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Filed Under: Problems on Trains
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

7 8138

Q:

On a ruler's tombstone, it is said that one sixth of his life was spent in childhood and one twelfth as a teenager. One seventh of his life passed between the time he became an adult and the time he married; five years later, his son was born. Alas, the son died four years before he did. He lived to be twice as old as his son did. How old did the ruler live to be ?

A) 84 years	B) 72 years
C) 82 years	D) 64 years

Answer & Explanation Answer: A) 84 years

Explanation:

Let the age of ruler is x so that of son = x/2 (given)
Now according to the given condition
(x/6) + (x/12) + (x/7) + 5 + (x/2) + 4 = x
=> x = 84

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Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

6 8136

Q:

Which media have the ability to have data/information stored (written) on them by users more than once?

A) CD-R disks	B) CD-RW disks
C) Zip disks	D) Optical disks

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