Bank PO Questions


Q:

loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan was taken out on April 7 and is due in seven months

A) 13615.52 B) 14615.52
C) 15615.52 D) 16615.52
 
Answer & Explanation Answer: C) 15615.52

Explanation:

I = prt = [15000 × 0.07 × (214/365) ]=615.52

Future value, S = P + I = $15 000 + $615.52 = $15 615.52

Report Error

View Answer Report Error Discuss

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

1 3814
Q:

The CPU consists of which two parts?

A) ALU B) Control unit
C) Both A & B D) None of the above
 
Answer & Explanation Answer: C) Both A & B

Explanation:

The Central Processing Unit, consists of Arithmetic and logic unit and Control unit.

Report Error

View Answer Report Error Discuss

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

8 3812
Q:

Which country has topped the 2017 A.T. Kearney Global Retail Development Index (GRDI) ?

A) China B) Nepal
C) Russia D) India
 
Answer & Explanation Answer: D) India

Explanation:

India has acquired the top position among 30 developing countries on ease of doing business at the 2017 A.T. Kearney Global Retail Development Index (GRDI). The 2017 GRDI titled “The Age of Focus” ranked China at second place, followed by Malaysia, Turkey, United Arab Emirates (UAE) and Vietnam. The 16th edition of GRDI ranked top 30 developing countries for retail investment worldwide and analyzed 25 macroeconomic and retail-specific variables to help retailers devise successful global strategies to identify emerging market investment opportunities.

Report Error

View Answer Report Error Discuss

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

2 3811
Q:

The Reserve Bank of India has taken some initiatives to prevent a US type sub-prime Crisis in India. Which of the following is/ are such initiatives?

A. Banks are adviced to set up credit counselling centres. 

B. Banks should stop giving housing loans to big borrowers (Asking for loans of  Rs.50 lakhs and above )

C. Banks should not give loans to builders and property dealers/developers

A) Only (A) B) Only (B)
C) Only (C) D) All (A), (B), (C)
 
Answer & Explanation Answer: A) Only (A)

Explanation:
Report Error

View Answer Report Error Discuss

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

0 3806
Q:

In Cricket the two sets of wickets are

A) 22 yards apart B) 24 yards apart
C) 20 yards apart D) 21 yards apart
 
Answer & Explanation Answer: A) 22 yards apart

Explanation:

According to the rules and regulations of cricket, the height of the stumps must be of 28 inches or 71.12 cms. The total distance between the off stump and leg stump should be 9 inches or 22.86 cms. 1. Width and pitching. Two sets of wickets shall be pitched opposite and parallel to each other at a distance of 22 yards/20.12 meters.

Report Error

View Answer Report Error Discuss

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

3 3803
Q:

Who invented Electric Generator?

A) Michael Faraday B) Thomas Alva Edison
C) Graham Bell D) Alfred Nobel
 
Answer & Explanation Answer: A) Michael Faraday

Explanation:

Michael Faraday invented Electric Generator in 1831.

 

        • The operating principle of electromagnetic generators was discovered in the years of 1831–1832 by Michael Faraday.

 

        • The principle later called Faraday's law, is that an electromotive force is generated in an electrical conductor which encircles a varying magnetic flux.


 

Report Error

View Answer Report Error Discuss

Filed Under: Inventions
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: IT Trainer , Database Administration , Bank PO , Analyst

11 3802
Q:

The two forms of democracy are

A) Parliamentary and King B) Monarchical and Republican
C) Direct and Indirect D) Parliamentary and Presidential
 
Answer & Explanation Answer: D) Parliamentary and Presidential

Explanation:

There are two major forms of democratic government.

I. Parliamentary
II. Presidential

The citizens elect the leaders in democratic government.

The main difference is legislative and executive branches.

Executive - head of government
Legislative - how laws are made

 

I. Parliamentary democratic government : (example - United Kingdom )

1. Parliament = Legislature (Laws)
2. Parliament controls the power
3. Head of government is a prime minister chosen by the legislature
4. Prime minister and cabinet are members of the legislature
5. Prime minister answers to the legislature (fusion of powers)
6. The government will stay in office for a specified period unless the prime minister loses support of the majority on an important vote.
7. If this occurs- the P.M. must resign and elections are held immediately.

 

II. Presidential democratic government : (example - United States of America)

1. The executive and legislative branches are separate bodies elected independently by the citizens.
2. Separation of Powers
3. There are checks and balances where each branch can overrule the other.
4. The president answers to the voters, not the legislature.
5. The people elect the president, and elections are held at set intervals.

Report Error

View Answer Report Error Discuss

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

2 3801
Q:

Where does translation take place in the cell?

A) Nucleus B) Mitochondria
C) Ribosomes D) Cytoplasm
 
Answer & Explanation Answer: D) Cytoplasm

Explanation:

Translation occurs in the cytoplasm whereas transcription occurs in the nucleus.

 

Transcription and Translation:

Terms transcription and translation in biology are generally related to the DNA and its properties. Human cells replicate. In order to do that, they have to produce the same constituents for the new cell that is to be made. The only way to do that is by producing proteins.

 

The proteins are produced in the process that is called protein synthesis. The first step is in the nucleus where a particular gene is being expressed so it enables all protein factors to come and to replicate that part of a chromosome. This is finished when mRNA, the same single-stranded genetic code of a particular gene, is formed. This is transcription.

Right after that, the mRNA enters the cytoplasm through nuclear pores. There, it could be translated into proteins by ribosomes. This process is called translation.

Report Error

View Answer Report Error Discuss

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

3 3800