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Bank PO Questions

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Q:

What lump sum deposited today would allow payments of $2000/year for 7 years at 5% compounded annually?

A) 11572.71 B) 11876
C) 189756 D) 11576
 
Answer & Explanation Answer: A) 11572.71

Explanation:

 

 

A=R[(1+i)^n-1]/i(1+i)^n

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

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Q:

Which of the following countries has signed a 22-point Agreement with madhesi people's Rights Forum(MPRF)?

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

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

1 3180
Q:

Which of the following sentences is grammatically correct?

A) We had gone to the party last night B) I have seen him yesterday
C) The hen has laid 10 eggs D) She is sleeping for 2 hours
 
Answer & Explanation Answer: C) The hen has laid 10 eggs

Explanation:

In the above given sentences, only option C) The hen has laid 10 eggs is gramatically correct.

 

A) Not correct - We had gone to the party last night

Correct - We went to the party last night

 

B) Not correct - I have seen him yesterday

Correct - I saw him yesterday (We do not use the present perfect tense with past time expressions.)

 

D) Not correct - She is sleeping for 2 hours

Correct - She has been sleeping for two hours. (We use the present perfect continuous tense to show duration.)

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

0 3178
Q:

21st letter of the alphabet is a Consonant.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

We know there are 26 alphabets in English. The 21st letter in the alphabet is 'U'.


We have 5 vowels and 21 consonants.


Vowels :: A, E, I, O, U.


U is not consonant and is a vowel.


 


Hence, the given statement that 21st letter in the alphabet i.e, U is consonant is a FALSE.

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Subject: Verification of Truth of the statement
Exam Prep: AIEEE , Bank Exams , CAT , GRE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

7 3177
Q:

How much water can be used by a camel in drinking in a single time ?

A) Up to 60 ltr. B) Up to 100 ltr.
C) Up to 80 ltr. D) Up to 120 ltr.
 
Answer & Explanation Answer: B) Up to 100 ltr.

Explanation:
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Filed Under: Animals and Birds
Exam Prep: Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

22 3177
Q:

International Workers' Day or Labour Day is celebrated on ?

A) April 1st B) May 1st
C) June 1st D) July 1st
 
Answer & Explanation Answer: B) May 1st

Explanation:
  • International Workers' Day, also known as Labour Day in some countries, is a celebration of labourers and the working classes that is promoted by the international labour movement, socialists, communists or anarchists. 
  • It occurs every year on May Day which is May 1st. It is the day to pay tribute to the Labourers. Without them nothing will complete. 
  • In India, the first Labour Day, or May Day, was celebrated in 1923 in Chennai.
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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank PO

2 3176
Q:

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

A) 5years B) 6years
C) 7years D) 8years
 
Answer & Explanation Answer: A) 5years

Explanation:

I=prt

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

3 3174
Q:

Be the embodiment or perfect example of

A) Signify B) Personify
C) Characterise D) Idol
 
Answer & Explanation Answer: B) Personify

Explanation:

One word substitution for Be the embodiment or perfect example of is Personify. Personify means represent or embody (a quality, concept, etc.) in a physical form.

 

Characterise: describe the distinctive nature or features of.

Idol: an image or representation of a god used as an object of worship.

Signify: be an indication of.

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

1 3169