Bank PO Questions


Q:

Car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.   What is the total cost of the car?

A) 30.240 B) 31.240
C) 33.240 D) 32,240
 
Answer & Explanation Answer: D) 32,240

Explanation:

Total cost = deposit + instalment amount × number of instalments

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

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Q:

What lives in the winter dies in the summer?

A) Plants B) Animals
C) Icycle D) None of the above
 
Answer & Explanation Answer: C) Icycle

Explanation:

An icycle, a hanging spike of ice formed by the freezing of dripping water forms due to cool in winter and dies in summer due to hot.

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Q:

At the university entrance exam, a candidate is admitted according to whether he has passed or failed the test. Of the candidates who are really capable, 80 % pass the test and of the incapable, 30 % pass the test. Given that 40 % of the candidates are really capable, then the proportion of the really capable students who can pass the test to the total students who can pass is about ?

A) 11/24 B) 1/5
C) 16/25 D) 6/5
 
Answer & Explanation Answer: C) 16/25

Explanation:

If there are total 100 candidates,
40 candidates are really capable and
60 candidates are incapable.
Of the candidates who are really capable = 80%
40*(80/100)=32 pass the test and
of the incapable= 30%
60*(30/100)=18 pass the test.
Total candidates who passed the test = 32+18 = 50
The proportion of the really capable students who can pass the test to the total students who can pass = 32/50 = 16/25.

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Filed Under: Ratios and Proportions
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

5 6521
Q:

Which is the largest desert in Asia?

A) Kyzyl kum B) Thar
C) Karakum D) Gobi
 
Answer & Explanation Answer: D) Gobi

Explanation:

The largest desert in Asia is called the Gobi Desert. It covers an area of 500,000 square miles stretching from southern Mongolia to northern China.

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

6 6520
Q:

Statements : Government has spoiled many top ranking financial institutions by appointing bureaucrats as Directors of these institutions.

Conclusions :

a) Government should appoint Directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
b) The Director of the financial institute should have expertise commensurate with the financial work carried out by the institute.

A) Only a follows B) Only b follows
C) Both a & b follows D) Neither a nor b follows
 
Answer & Explanation Answer: C) Both a & b follows

Explanation:

According to the statement, Government has spoiled financial institutions by appointing bureaucrats as Directors. This means that only those persons should be appointed as Directors who are experts in finance and are acquainted with the financial work of the institute. So, both a and b follows.

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

2 6520
Q:

Which type of forests occupies the highest percentage of area in India  ?

A) Savanna & desert vegetation B) Tropical deciduous
C) Tropical Rainforests D) Equatorial evergreen
 
Answer & Explanation Answer: B) Tropical deciduous

Explanation:

Tropical Deciduous Forests: They are also called the “Monsoon forests”. They grow in the areas with annual rainfall of 70-200 cm. Sandal wood, Shisam, Mahua, Sal, Teak and Bamboo are important species of trees. Moist deciduous and the dry deciduous forests are two major categories of these forests.

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

32 6517
Q:

If a trader sold two cars each at Rs. 404415 and gains 15% on the first and loses 15% on the second, then his profit or loss percent on the whole is ?

A) 1.44 % B) 2.02 %
C) 1.04 % D) 2.25 %
 
Answer & Explanation Answer: D) 2.25 %

Explanation:

SP of each car is Rs. 404415, he gains 15% on first car and losses 15% on second car.

In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100
= (15)(15)/100 % = 2.25%
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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

4 6517
Q:

Heat transfer horizontally within the atmosphere is called

A) Convection B) Advection
C) Conduction D) Absorption
 
Answer & Explanation Answer: B) Advection

Explanation:
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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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