Bank PO Questions


Q:

Which unit of valuation is known as paper gold?

A) SDR B) Eurodollar
C) GDR D) Petrodollar
 
Answer & Explanation Answer: A) SDR

Explanation:

SDR means Special Drawing Rights.

 

SDRs are a measure of a country's reserve assets with IMF and, whereas not 'money' in the strict sense, have several characteristics of money as interest-bearing assets, store of value, and means of settling indebtedness.

 

International financing instrument created in 1970 by the International Monetary Fund (IMF) to coincide with the disfavor of the US dollar as the principal currency of the world trade. Also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for balance Of payments settlements.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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11 8149
Q:

Bad loans in banking terminology are generally known as

A) NPA's B) Prime loans
C) BPO's D) Prime Assets
 
Answer & Explanation Answer: A) NPA's

Explanation:

Bad loans in banking terminology are generally known as NPA's. A Non - performing Asset (NPA) is defined as a credit facility in respect of which the interest and installment of principal have remained 'past due' for a specified period of time.

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Filed Under: Bank Interview
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1 8147
Q:

Shyam Walked 6 metres facing towards East, then took a right turn and walked a distance of 9 metres.He then took a left turn and walked a distance of a metres. How far is he from the starting point?

A) 15 metres B) 21 metres
C) 18 metres D) Cannot be determined
 
Answer & Explanation Answer: A) 15 metres

Explanation:

 983115133311311553600957.png image

As clear from the diagram, AD2=122+92=152

 So, AD = 15

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Filed Under: Verbal Reasoning - Mental Ability
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18 8143
Q:

A batsman scores 26 runs and increases his average from 14 to 15. Find the runs to be made if he wants top increasing the average to 19 in the same match ?

A) 74 B) 79
C) 72 D) 60
 
Answer & Explanation Answer: A) 74

Explanation:

Number of runs scored more to increse the ratio by 1 is 26 - 14 = 12
To raise the average by one (from 14 to 15), he scored 12 more than the existing average.
Therefore, to raise the average by five (from 14 to 19), he should score 12 x 5 = 60 more than the existing average. Thus he should score 14 + 60 = 74.

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Filed Under: Average
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9 8138
Q:

Which of the following is the most stable carbocation?

Screenshot_(8)1522302473.png image

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

Explanation:

Here the most stable carbocation is the option (2).

 

Carbocations are always hungry for electrons. The stability of carbocations increases from primary to secondary to tertiary. Here, option (c) shows the most stable carbocation because it can easily withdraw electrons from two other carbon atoms and the more electronegative oxygen atom.

 

Carbocation stability depends on hyperconjugation. The tertiary carbocation is stabilized by electron releasing inductive effect.

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Filed Under: Chemistry
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12 8135
Q:

The digital computer was developed primarily in

A) USA B) UK
C) Russia D) Japan
 
Answer & Explanation Answer: A) USA

Explanation:

A digital computer accepts, processes and outputs data in digitized forms. The digital computer was developed primarily in Unites States of America.

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21 8124
Q:

A rectangular grassy plot 120 m. by 60 m has a gravel path 1.5 m wide all round it on the inside. Find the cost of gravelling the path at 65 paise per sq. metre ?

A) Rs. 345.15 B) Rs. 245.1
C) Rs. 234.18 D) Rs. 456.65
 
Answer & Explanation Answer: A) Rs. 345.15

Explanation:

area of the plot = 120m x 60m = 7200 sq.m
area of plot excluding gravel = 117m x 57m = 6669 sq.m
area of gravel = 7200 sq.m - 6669 sq.m = 531 sq.m
cost of building it = 531 sq.m x 65 ps = 34515 ps
In Rs. = 34515/100 = Rs. 345.15.

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Filed Under: Area
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4 8122
Q:

If 200 cats kill 200 mice in 200 days, then 8 cats would kill 8 mice in how many days ?

A) 8 days B) 200 days
C) 800 days D) 1 day
 
Answer & Explanation Answer: B) 200 days

Explanation:

As given
200 cats kill 200 mice in 200 days
1 cats kill 1 mouse in 200 days
Then
8 cats kill 8 mice in 200 days.

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Filed Under: Arithmetical Reasoning
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10 8118