Bank PO Questions


Q:

A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true?

A) He Gained Rs. 200 B) He lost Rs. 200
C) He neither gained nor lost D) None of the above
 
Answer & Explanation Answer: D) None of the above

Explanation:

The CP of profitable cow  = 9900/1.1 = 9000

 

and profit = Rs. 900

 

The  CP of loss yielding cow = 9900/0.8 = 12375

 

and loss = Rs. 2475

 

so, the net loss = 2475 - 900 = 1575

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

26 18798
Q:

How many window coverings are necessary to span 50 windows, if each window covering is 15 windows long?

A) 4 B) 15
C) 3 D) 50
 
Answer & Explanation Answer: A) 4

Explanation:

Given that, 

Number of windows = 50

Each window covering covers 15 windows

=> 50 windows requires 50/15 window coverings

= 50/15 = 3.333

 

Hence, more than 3 window coverings are required. In the options 4 is more than 3. 

 

Hence, 4 window coverings are required to cover 50 windows of each covering covers 15 windows.

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Filed Under: Average
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

13 18782
Q:

Find the next number in the series

404, 415, 402, 413, 400, ?

A) 411 B) 421
C) 417 D) 414
 
Answer & Explanation Answer: A) 411

Explanation:

The given series 404, 415, 402, 413, 400, ? follows a pattern that,

404

404 + 11 = 415

415 - 13 = 402

402 + 11 = 413

413 - 13 = 400

400 + 11 = 411

 

Hence the next number in the given number series is 411.

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10 18756
Q:

Who formulates fiscal policy in India?

A) Ministry of Finance B) Reserve Bank of India
C) Securities and Exchange Board of India (SEBI) D) Finance Commission
 
Answer & Explanation Answer: A) Ministry of Finance

Explanation:

In India, Fiscal Policy is formulated by the Ministry of Finance.

 

Fiscal policy is playing an important role on the economic and social front of a country. Traditionally, fiscal policy is concerned with the determination of state income and expenditure policy. But with the passage of time, the importance of fiscal policy has been increasing continuously for attaining rapid economic growth.

An effective fiscal policy is composed of policy decisions relating to the entire financial structure of the government including tax revenue, public expenditures, loans, transfers, debt management, budgetary deficit, etc.

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

24 18736
Q:

Eight years ago, Ajay's age was 4/3 times that of Vijay. Eight years hence, Ajay's age will be 6/5 times that of Vijay. What is the present age of Ajay ?

A) 41 yrs B) 40 yrs
C) 37 yrs D) 33 yrs
 
Answer & Explanation Answer: B) 40 yrs

Explanation:

Let the present ages of Ajay and Vijay be 'A' and 'V' years respectively.

=> A - 8 = 4/3 (V - 8) and A + 8 = 6/5 (V + 8)

=> 3/4(A - 8) = V - 8 and 5/6(A + 8) = V + 8

V = 3/4 (A - 8) + 8 = 5/6 (A + 8) - 8

=> 3/4 A - 6 + 8 = 5/6 A + 20/3 - 8

=> 10 - 20/3 = 10/12 A - 9/12 A

=> 10/3 = A/12 => A = 40.

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

26 18655
Q:

Find out which part of a sentence has an error and mark the answer corresponding to the appropriate letter (A, B, C). If a sentence is free from errors, mark (D) as the answer.

He flew(A) / over extensively(B) / the pacific last winter(C) / No error(D)

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

Explanation:

'Extensively' is describing the verb 'flew' and should be placed after the verb and thus the correct phrase should be 'extensively over'. The error is in the second part of the sentence.

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Filed Under: Alphabet Test
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

63 18616
Q:

A towel, when bleached, was found to have lost 20% of its length and 10% of its breadth.  The percentage of decrease in area is:

A) 18% B) 28%
C) 38% D) 48%
 
Answer & Explanation Answer: B) 28%

Explanation:

Let original length = x and original breadth = y.  

Decrease in area = xy - 80100x×90100y = (7/25)xy

 

Decrease % =    (7/25)xy * (1/xy) * 100 = 28%

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

3 18615
Q:

A boatman can row 3 km against the stream in 20 minutes and return in 18 minutes. Find the rate of current ?

A) 1/3 kmph B) 2/3 kmph
C) 1/4 kmph D) 1/2 kmph
 
Answer & Explanation Answer: D) 1/2 kmph

Explanation:

Speed in upstream = Distance / Time = 3 x 60/20 = 9 km/hr.

Speed in downstream = 3 x 60/18 = 10 km/hr

Rate of current = (10-9)/2 = 1/2 km/hr.

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Filed Under: Boats and Streams
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

32 18588