Bank PO Questions


Q:

The main components of market risk are 

a) Liquidity risk     b) Interest rate risk       c) Currency risk

A) Only a B) both a and b
C) only c D) all a, b and c
 
Answer & Explanation Answer: D) all a, b and c

Explanation:
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Exam Prep: Bank Exams , CAT
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12 54192
Q:

Find the next number in the given number series?

3, 10.5, 36.75, 128.625, ?

A) 295.651 B) 354.146
C) 398.78 D) 450.187
 
Answer & Explanation Answer: D) 450.187

Explanation:

Here the given number series  3, 10.5, 36.75, 128.625, ? follows a pattern that

3

3 x 3.5 = 10.5

10.5 x 3.5 = 36.75

36.75 x 3.5 = 128.625

128.625 x 3.5 = 450.187

 

Hence the next number in the given number series is 450.187.

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Filed Under: Odd Man Out
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2 54175
Q:

Upanishads are books on

Upanishads_are_books_on1541400568.jpg image

A) Religion B) Yoga
C) Law D) Philosophy
 
Answer & Explanation Answer: D) Philosophy

Explanation:

The Upanishads are a part of the Vedas and are ancient Sanskrit texts that contain some of the central philosophical concepts and ideas of Hinduism, some of which are shared with Buddhism, and Jainism.

 

 

 

The Upanishads are commonly referred to as Vedanta in the history of India.

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Filed Under: Indian History
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175 53604
Q:

What should come in place of question mark (?) in the following number series?

38, 195, ?, 4905, 24530, 122655

A) 980 B) 885
C) 824 D) 1021
 
Answer & Explanation Answer: A) 980

Explanation:

The given series follows the pattern that,

 

×5+5,   ×5+5,   ×5+5,   ×5+5,   ×5+5

 

38 x 5 + 5  = 195

 

195 x 5 + 5 = 980

 

980 x 5 + 5 = 4905

 

4905 x 5 + 5 = 24530

 

24530 x 5 + 5 = 122655

 

So the missing number is 980 .

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7 53429
Q:

What is the place value of 6 in 64?

A) 6 B) 60
C) 64 D) 10
 
Answer & Explanation Answer: B) 60

Explanation:

We know that,

● Each digit has a fixed position called its place.

● Each digit has a value depending on its place called the place value of the digit.

● The face value of a digit for any place in the given number is the value of the digit itself

● Place value of a digit = (face value of the digit) × (value of the place).

 

Hence, the place value of 6 in 64 = 6 x 10 = 60.

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226 53270
Q:

Poor people have it.

Rich people need it.

If you eat it you die.

 

What is it?

A) Money B) Brain
C) Luxury items D) Nothing
 
Answer & Explanation Answer: D) Nothing

Explanation:

Poor people have Nothing

Rich people need Nothing

If you eat Nothing you die.

 

Hence, it is Nothing.

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68 53070
Q:

Which two months in a year have the same calendar?

A) October, December B) April, November
C) June, October D) April, July
 
Answer & Explanation Answer: D) April, July

Explanation:

If the period between the two months is divisible by 7, then that two months will have the same calender .

 
(a). Oct + Nov  = 31 + 30 = 61 (not divisible by 7)

(b). Apr + May + Jun + Jul + Aug + Sep + Oct = 30 + 31 + 30 + 31 + 31 + 30 + 31  = 214 (not divisible by 7)

(c). Jun + July + Aug + Sep = 30 + 31 + 31 + 30 = 122 (not divisible by 7)

(d). Apr + May + June = 30 + 31 + 30 = 91 (divisible by 7)

 

Hence, April and July months will have the same calendar.

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Filed Under: Calendar
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228 53042
Q:

Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.

A) 524.32 B) 624.32
C) 724.32 D) 824.32
 
Answer & Explanation Answer: D) 824.32

Explanation:

Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 4 half-years.
Amount == Rs. 10824.32.

 

 Rs.10000*1+21004=Rs.10000*5150*5150*5150*5150

 

 C.I. = Rs. (10824.32 - 10000) = Rs. 824.32.

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Filed Under: Compound Interest
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145 52854