IT Trainer Questions


Q:

What is the interest rate per annum, if a sum of money invested at compound interest amount to Rs. 2400 in 3 years and in 4 years to Rs. 2,520?

A) 3.5% B) 4%
C) 5% D) 6.5%
 
Answer & Explanation Answer: C) 5%

Explanation:

Let 'R%' be the rate of interest

From the given data,

25202400 = 1 + R10041 + R10031 + R100 = 6360R = 5

 

Hence, the rate of interest R = 5% per annum.

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19 3444
Q:

What is DocumentDB ?

Answer

DocumentDB is a NoSQL document-oriented database and records saves in key-value pairs. It's same as the other NoSQL document-oriented such as MongoDB.

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Subject: Oracle
Job Role: Analyst , IT Trainer

1 3440
Q:

The process of encoding refers to

A) getting information into memory. B) the recall of information previously learned.
C) a clear memory of an emotionally significant event. D) the persistence of learning over time.
 
Answer & Explanation Answer: A) getting information into memory.

Explanation:

Encoding refers to the getting information into memory.

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6 3439
Q:

Which of the following is / are fund managers for National Pension System (NPS) in 2017 ?

A) Axis provident fund B) Yes bank pension fund
C) ICICI prudential pension D) Punjab National provident fund
 
Answer & Explanation Answer: C) ICICI prudential pension

Explanation:

At present in 2017, there are only seven NPS fund managers viz. HDFC Pension Fund, ICICI Prudential Pension, Kotak Pension Fund, LIC Pension Fund,  Reliance Capital Pension, SBI Pension Fund and UTI Retirement Solutions.

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8 3433
Q:

How do you make the number one disappear?

Answer

Add the letter 'G' to the word 'ONE' and it become's 'Gone' which means disappear.

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7 3429
Q:

On retirement, a woman gets Rs. 1,45,440 of her provident fund which she invests in a scheme at 20% per annum. Her monthly income from this scheme will be

A) Rs. 2550 B) Rs. 2424
C) Rs. 2224 D) Rs. 2380
 
Answer & Explanation Answer: B) Rs. 2424

Explanation:

Now, the principal amount P = Rs. 1,45,440

Rate of interest R = 20%/annum

Now monthly income I = PTR/100 = 1,45,440 x 20 x 1/100 x 12

= 2908800/1200

= Rs. 2424.

 

Hence, her monthly income = Rs. 2424.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

3 3417
Q:

"Compounding frequency" refers to

A) What type of interest your account earns B) How often your interest is calculated and added back into your account
C) What interest rate you can expect from your account D) How easily you can add money into your account
 
Answer & Explanation Answer: B) How often your interest is calculated and added back into your account

Explanation:

Compounding frequency :

The time periods when interest will be calculated on top of the original loan amount (or) The number of compounding periods in one year.

 

The greater the compounding frequency, the more often your interest is calculated and added back into your account.

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1 3407
Q:

Which process allows water to enter the atmosphere?

A) Transpiration B) Respiration
C) Condensation D) Evaporation
 
Answer & Explanation Answer: D) Evaporation

Explanation:

Evaporation is the process that allows water to enter into the atmosphere.

Sunlight turns liquid water into water vapor which then rises higher into the atmosphere and forms into clouds.

 

Plants, too, help water get into the atmosphere through a process called transpiration.

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

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