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Bank Exams Questions

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Q:

The area of an equilateral triangle is 49√3 cm2. Find its side (in cm).

 

A) 7 B) 14
C) 28 D) 42
 
Answer & Explanation Answer: B) 14

Explanation:
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Filed Under: Area
Exam Prep: Bank Exams

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Q:

A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?

A) Rs. 40,000 B) Rs. 45,000
C) Rs. 42,000 D) Rs. 46,000
 
Answer & Explanation Answer: A) Rs. 40,000

Explanation:

Let his present earnings be Rs. p

ATQ,

(125/100) x (96/100) x (125/100) x (96/100) x (125/100) x p = 72000

p = Rs. 40,000.

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

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Q:

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is  ?

A) 3 years B) 4 years
C) 2.5 years D) 2 years
 
Answer & Explanation Answer: B) 4 years

Explanation:

P1+20100n > 2P 

 

 

 

Now, (6/5 x 6/5 x 6/5 x 6/5) > 2.

 

 

 

So, n = 4 years.

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

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Q:

Improve the bracketed part of the sentence.

 

It called for an end to (discrimination based at gender) against those who do not conform to the gender assigned to them.

A) discrimination based it gender B) discrimination based on gender
C) discrimination based by gender D) No improvement
 
Answer & Explanation Answer: B) discrimination based on gender

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

What does cyclical unemployment mean?

 

A) Unemployment during recessionary phase of trade cycle B) Disguised unemployment
C) Seasonal unemployment D) Voluntary unemployment
 
Answer & Explanation Answer: A) Unemployment during recessionary phase of trade cycle

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Minjar Fair is the important fair celebrated in Chamba district. What does 'Minjar' represent for  ?

A) Lotus flowers B) Wheat flowers
C) Local Custom D) Maize flowers
 
Answer & Explanation Answer: D) Maize flowers

Explanation:
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Filed Under: Famous Places
Exam Prep: Bank Exams

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Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 19296 B) 19396
C) 19496 D) 19596
 
Answer & Explanation Answer: A) 19296

Explanation:

The single equivalent payment will be PV + FV.
FV = Future value of $10,000, 12 months later
 $10,000 *(1.0075)/12
 $10,938.07
PV=  Present value of $10,000, 24 months earlier
 $10,000/(1.0075)24
 $8358.31
The equivalent single payment is
$10,938.07 + $8358.31 = $19,296.38

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

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Q:

Rearrange the parts of the sentence in correct order.

There was a second part

P-­are ambivalent about
Q­-many people
R­-of her decision which

A) QRP B) QPR
C) PRQ D) RQP
 
Answer & Explanation Answer: D) RQP

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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