Bank PO Questions


Q:

Below question has with a part of it underlined. The question is followed by four alternatives to replace the underlined part of the sentence. Choose the best alternative which is grammatically correct.

In this particular job we have discovered that to be diligent is more important than being bright.

A) for one to be diligent is more important than being bright. B) by being diligent is important than being bright.
C) being diligent is more important than being bright. D) diligence is more important than brightness.
 
Answer & Explanation Answer: D) diligence is more important than brightness.

Explanation:

Parallel construction error in the original statement. A similar form is required on each side of the comparison. " Diligence - brightness ".

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

7 5380
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
Job Role: Bank PO

1 5375
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
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

9 5371
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
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

3 5365
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
Job Role: Bank PO

14 5361
Q:

The Yarlung Zangbo river in India is known as

A) Godavari B) Brahmaputra
C) Ganga D) Indus
 
Answer & Explanation Answer: B) Brahmaputra

Explanation:

The Yarlung Zangbo river in India is known as Brahmaputra. The river Brahmaputra in China is called Yarlung Tsangpo or Yarlung Zangbo river. In Assam and Arunachal Pradesh it is called Lohit or luit meaning blood.

the_yarlung_zangbo_river_in_india_is_known_as1560848958.jpg image 

The Brahmaputra is one of the major rivers of Asia, a trans-boundary river which flows through China, India and Bangladesh.

 

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

7 5359
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 5359
Q:

3 + 653-212-30+50 = ?

A) 3 B) 3sqrt{2}
C) 6 D) None of these
 
Answer & Explanation Answer: D) None of these

Explanation:
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Filed Under: Square Roots and Cube Roots
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

22 5357