Bank PO Questions


Q:

Mr. Shankar spends 25% of his monthly salary on household expenditure, 20% of the remaining on children’s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Shankar ?

A) Rs. 34000 B) Rs. 31245
C) Rs. 24315 D) Rs. 28000
 
Answer & Explanation Answer: D) Rs. 28000

Explanation:

Let the monthly salary of Shankar be = Rs.x
Amount invested on expenditure = 25% = x/4;
Remaning amount = 3x/4;
Amount invested on children education = 20% i.e = 3x/20;
Remaining amount = 3x/4 - 3x/20 = 3x/5;
Remaining amount invested in three different schemes i.e is 1/3(3x/5)
=> x/5 = 5600
Therefore x = 28000
Hence, Monthly salary of Shankar is Rs. 28,000.

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Filed Under: Stocks and Shares
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

6 4031
Q:

A loan is made for $4800 with an APR of 12% and payments made monthly for 24 months. What is the payment amount? What is the finance charge?

A) 622.80 B) 522.80
C) 322.80 D) 632.80
 
Answer & Explanation Answer: A) 622.80

Explanation:

{\color{Blue} A=R\left [(1+i)^{n-1} \right ]/i ( 1+i )^{n}}

 

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

0 4031
Q:

Which country has signed an agreement with India for transfer of sentenced prisoners ?

A) Japan B) Ghana
C) Somalia D) Italy
 
Answer & Explanation Answer: C) Somalia

Explanation:

Signing the Agreement with Somalia shall facilitate the Indian prisoners imprisoned in Somalia or vice-versa to be near to their families, for serving remaining part of their sentence and shall facilitate their social rehabilitation.

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

8 4030
Q:

Most water is lost daily via the

A) skin B) kidneys
C) mouth D) All of the above
 
Answer & Explanation Answer: B) kidneys

Explanation:

Most of the water in the body will be lost by kidneys in the form of urine.

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

6 4028
Q:

Moti Masjid in Red fort was constructed by

A) Humayun B) Aurangzeb
C) Akbar D) Jahangir
 
Answer & Explanation Answer: B) Aurangzeb

Explanation:

Moti Masjid was built by the Mughal emperor Aurangzeb from 1659-1660. The Moti Masjid is a white marble mosque inside the Red Fort complex in Delhi, India.

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

10 4022
Q:

A card is drawn from a pack of 52 cards. The probability of getting a queen of the club or a king of the heart is?

A) 1/26 B) 1/13
C) 2/13 D) 1/52
 
Answer & Explanation Answer: A) 1/26

Explanation:

Here in this pack of cards, n(S) = 52

Let E = event of getting a queen of the club or a king of the heart

Then, n(E) = 2

P(E) = n(E)/n(S) = 2/52 = 1/26

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

11 4021
Q:

When the European union formed nations began to?

A) eliminate their home governments. B) abolish many geographic boundaries.
C) create one unified education system. D) cooperate on law enforcement.
 
Answer & Explanation Answer: D) cooperate on law enforcement.

Explanation:

When the European union formed nations began to cooperate on law enforcement. The European Union is set up with the aim of ending the frequent and bloody wars between neighbours, which culminated in the Second World War.

 

As of 1950, the European Coal and Steel Community begins to unite European countries economically and politically in order to secure lasting peace. The six founding countries are Belgium, France, Germany, Italy, Luxembourg and the Netherlands. The 1950s are dominated by a cold war between east and west.

 

The historical roots of the European Union lie in the Second World War. Europeans are determined to prevent such killing and destruction from ever happening again.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 4019
Q:

Which statement best describes Arteries?

A) They have thin walls and transport blood away from the heart B) They have thick walls and transport blood toward the heart
C) They have thin walls and transport blood toward the heart D) They have thick walls and transport blood away from the heart
 
Answer & Explanation Answer: D) They have thick walls and transport blood away from the heart

Explanation:

Because arteries have to have thick walls for use of protection. Its when you get to veins where the walls get thinner. And the use of the heart is to pump blood to all of the cells and organs in the body so it would be to transport blood away from the heart.

i.e. 

Arteries = Away from the Heart 
Veins = Back to the Heart.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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2 4019