Bank PO Questions


Q:

The effective annual rate of interest corresponding to nominal rate of 6% per annum payable half yearly is

A) 5% B) 6%
C) 7% D) 6.09%
 
Answer & Explanation Answer: D) 6.09%

Explanation:

amount=[100(1+3/100)^2]=Rs.106.09

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

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Q:

Which river crosses the equator twice?

A) Yangtze B) Cango
C) Nile D) Amazon
 
Answer & Explanation Answer: B) Cango

Explanation:

The river "Cango" crosses the equator twice.

river_that_crosses_equator_twice1567072574.jpg image

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

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Q:

Six friends A, B, C, D, E and F joined an institute in the year 1993 but on different days. Only E has joined after C and D. C joined immediately before A and immediately after B. F is not the first or the last person to join. D will not be in any corner.
Who is the first person joining the Institute?

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

Explanation:

The only possible way is BCAFDE
As D & F is not in any corner and E is after C and D. C is after B and before A
So the first person to join the institute is B

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Q:

Physiology :Biology :: Metaphysics : ?

A) Physics B) Statistics
C) Mathematics D) Philosophy
 
Answer & Explanation Answer: D) Philosophy

Explanation:

Physiology is a branch of biology. Similarly, mathematics is a branch of philosophy.

 

Hence, Physiology : Biology :: Metaphysics : Philosophy.

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

5 4462
Q:

There are 3 sections with 5 questions each. If four questions are selected from each section, the chance of getting different questions is ?

A) 1000 B) 625
C) 525 D) 125
 
Answer & Explanation Answer: D) 125

Explanation:

Methods for selecting 4 questions out of 5 in the first section = 5 x 4 x 3 x 2 x 1/4 x 3 x 2 x 1 = 5. Similarly for other 2 sections also i.e 5 and 5


So total methods = 5 x 5 x 5 = 125.

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Filed Under: Permutations and Combinations
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
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Q:

12 year old Padmalaya Nanda from _________has created history by becoming the youngest girl to bag the "Little Miss Universe Internet 2017".

A) Haryana B) Gujarat
C) Karnataka D) Odisha
 
Answer & Explanation Answer: D) Odisha

Explanation:

12 year old Padmalaya Nanda from Odisha has created history by becoming the youngest girl to bag the two "Little Miss Universe Internet 2017" and "Little Miss Actress" crowns at the 'Little Miss Universe-2017' at port city of Batumi in Georgia. Padmalaya Nanda, who studies in the 8th standard at a school in Cuttack, Odisha, bagged the crowns at the finale of the little Universe 2017, held at port city of Batumi in Georgia on June 4, 2017.

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

2 4457
Q:

The Government of India in order to provide some relief to the exporters announced a relief package of Rs.______

A) 325 Crores B) 250Crores
C) 400Crores D) 500 Crores
 
Answer & Explanation Answer: A) 325 Crores

Explanation:
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Q:

Three strategies P, Q and R have been initiated for cost cutting in a company producing respectively 20%, 30% and 10% savings. Assuming that they operate independently, what is the net saving achieved ?

A) 49.6% B) 50.4%
C) 33.67% D) 66.66%
 
Answer & Explanation Answer: A) 49.6%

Explanation:

As these three strategies P, Q and R are independent so these will cut cost one after the other.
If initial cost is Rs 100, then
20% cost is cut after initializing strategy P, then cost will remain 80% = 80
further 30% cost is cut after strategy Q, then cost will remain 70% of 80 = 56
further 10% cost is cut after strategy R, then cost will remain 90% of 56 = 50.4

Thus final cost remains 50.4 % of the original cost. Hence net saving is 100 - 50.4 = 49.6 %.

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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

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