Bank PO Questions


Q:

9 girls working 7 hours a day can complete a piece of work in 15 day. In how many days can 6 girls working for 9 hours a day, complete the same piece of work?

A) 35/4 days B) 17.5 days
C) 19 3/4 days D) 37/3 days
 
Answer & Explanation Answer: B) 17.5 days

Explanation:

Let the number of days be 'p' 

As the work is same, we know that

M1 x D1 x H1 = M2 x D2 x H2

Where M = Men, D = Days, H = Hours per day 

Here M1 = 9, D1 = 15, H1 = 7 

M2 = 6, D2 = p, H2 = 9 

=> 9 x 15 x 7 = 6 x p x 9 

=> p = 35/2 = 17.5 days.

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Filed Under: Time and Work
Exam Prep: GATE , CAT , Bank Exams , AIEEE
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Q:

Find the effective rate of interest for an investment that earns 5 1/2% per year, compounded continuously

A) 5.65% B) 5.75%
C) 5.85% D) 5.95%
 
Answer & Explanation Answer: A) 5.65%

Explanation:

We are not given a value of P in this problem, so either pick a value

for P and stick with that throughout the problem, or just let P = P.

We have that t = 1, and r = .055. To find the effective rate of interest,

first find out how much money we have after one year:

A = Pert

A = Pe(.055)(1)

A = 1.056541P.

Therefore, after 1 year, whatever the principal was, we now have 1.056541P.

Next, find out how much interest was earned, I, by subtracting the initial amount of money from the final amount:

I = A − P

  = 1.056541P − P

  = .056541P.

Finally, to find the effective rate of interest, use the simple interest formula, I = Prt. So,

I = Pr(1) = .056541P

.056541 = r.

Therefore, the effective rate of interest is 5.65%

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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1 5370
Q:

How many numbers up to 101 and 300 are divisible by 11  ?

A) 18 B) 20
C) 19 D) 17
 
Answer & Explanation Answer: A) 18

Explanation:

(300 – 101)/11 = 199/11 = 18 1/11

18 Numbers.

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Filed Under: Problems on Numbers
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9 5363
Q:

If L exceeds K by 30%, then K is less than L by ?

A) 14 2/5 % B) 23 1/3 %
C) 20 % D) 16 %
 
Answer & Explanation Answer: B) 23 1/3 %

Explanation:

K = 100 L = 130
130------ 30
100------- ? => 23 1/13 %

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Filed Under: Percentage
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3 5359
Q:

How many member countries did the UNO have on its formation in 1945 ?

A) 45 B) 51
C) 48 D) 54
 
Answer & Explanation Answer: B) 51

Explanation:
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Filed Under: World Organisations
Exam Prep: Bank Exams , CAT
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14 5358
Q:

Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, from today. They are to be replaced by a $1500 payment due four years from today, and another payment due two years from today. The replacement stream must be economically equivalent to the scheduled stream. What is the unknown payment, if money can earn 7% compounded semiannually?

A) 1548 B) 1348
C) 1648 D) 1748
 
Answer & Explanation Answer: C) 1648

Explanation:

FV1 = Future value of $2000, 1 year later
= PV (1+  i)^n

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

2 5347
Q:

Which of the following are elements of the colder principle?

A) Keep clothing clean and dry B) Repair clothing as necessary
C) Wear clothing loose and layered D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

In scouts, the military and most outdoor books or schools teach the COLDER principal. It is a great acronym for caring and using you clothing.

 

C - keep your clothing CLEAN. Dirt can break down the fibers of your clothing.

O - don't OVERHEAT. Sweat can lessen the effectiveness of clothing.

L - wear you clothes LOOSE and in LAYERS. Makes your system versatile.

D - stay DRY.

E - EXAMINE your clothing. Look for worn or damaged areas of you clothing.

R - REPAIR any damage that is found.

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

2 5344
Q:

Nickname of Jayaprakash Narayan?

A) Lok Pal B) Lok Nayak
C) Lokansh D) Lok Satta
 
Answer & Explanation Answer: B) Lok Nayak

Explanation:

nickname_of_jayaprakash_narayan1561466732.jpg image

 

Jayaprakash Narayan was an Indian independence activist, theorist, socialist and political leader who is popularly known as Lok Nayak.

 

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Filed Under: Famous Personalities
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Job Role: Analyst , Bank Clerk , Bank PO

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