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Bank PO Questions

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Q:

Calculate the periodic interest rate corresponding to:9.0% compounded quarterly

A) 3.45 B) 2.25
C) 5.25 D) 6.25
 
Answer & Explanation Answer: B) 2.25

Explanation:

i=j/m

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

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Q:

India’s first contactless business credit card has been launched by __________in association with Jet Airways, India premier international airline.

A) Axis Bank B) ICICI Bank
C) HDFC Bank D) YES Bank
 
Answer & Explanation Answer: B) ICICI Bank

Explanation:

India’s first contactless business credit card has been launched by ICICI bank in association with Jet Airways, India premier international airline, for Small and Mid-sized Enterprises (SMEs) and their employees. The card has been christened as the ‘Jet Airways ICICI Bank Business Advantage Card’, which helps customers to save on their business expenses. The card is powered by the ‘VISA payWave’ contactless technology that enables the cardholder to make payments by simply tapping the card at contactless enabled terminals in more than 48 countries, including India. The card can also be used by dipping or swiping at non-contactless merchants.

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

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Q:

GST Council has decided to keep a total of ________ items in the 28% slab, which was earlier 227.

A) 125 B) 87
C) 100 D) 50
 
Answer & Explanation Answer: D) 50

Explanation:

The GST Council on Nov 10th 2017 cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime.  

Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Software Architect

8 3956
Q:

One New York publisher has estimated that 50,000 to 60,000 people in the United States want an anthology that includes the complete works of William Shakespeare. And what accounts for this renewed interest in Shakespeare? As scholars point out, his psychological insights into both male and female characters are amazing even today.


This paragraph best supports the statement that
A. Shakespeare's characters are more interesting than fictional characters today.
B. people even today are interested in Shakespeare's work because of the characters.
C. academic scholars are putting together an anthology of Shakespeare's work.
D. New Yorkers have a renewed interested in the work of Shakespeare.
E. Shakespeare was a psychiatrist as well as a playwright.

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

Explanation:

The last sentence in the paragraph clearly gives support for the idea that the interest in Shakespeare is due to the development of his characters. Choice a is incorrect because the writer never makes this type of comparison. Choice c is wrong because even though scholars are mentioned in the paragraph, there is no indication that the scholars are compiling the anthology. Choice d is wrong because there is no support to show that most New Yorkers are interested in this work. There is no support for choice e either.

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Filed Under: Statement and Arguments
Exam Prep: TOEFL , GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

2 3956
Q:

The sum of the two digits of a number is 8. If the number is subtracted from the number obtained by reversing its digits, the result is 54. Find the number ?

A) 28 B) 19
C) 37 D) 17
 
Answer & Explanation Answer: D) 17

Explanation:

Any two digit number can be written as (10P + Q), where P is the digit in the tens place and Q is the digit in the units place.
P + Q = 8 ----- (1)
(10Q + P) - (10P + Q) = 54
9(Q - P) = 54
(Q - P) = 6 ----- (2)
Solve (1) and (2) P = 1 and Q = 7
The required number is = 17

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

1 3955
Q:

Who amongst the following is the author of the book " We the People"?

A) Morarji Desai B) Khushwant Singh
C) Arun Gandhi D) Nani Palkhivala
 
Answer & Explanation Answer: D) Nani Palkhivala

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

6 3955
Q:

When is genetic drift a major factor in evolution?

A) When there is male competition B) When there is artificial selection
C) When there is no selective pressure D) When there is disruptiveselection
 
Answer & Explanation Answer: C) When there is no selective pressure

Explanation:

Genetic drift or allelic drift is the change in the relative frequency in which a gene variant (allele) occurs in a population due to random sampling and chance.

 

When is genetic drift a major factor in evolution is

* When there is low gene flow.

* When there is no selective pressure.

* When there is a bottleneck.

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

5 3953
Q:

What gets broken without being held?

Answer

Yes, a promise can be broken without being held.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

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