Bank Exams Questions

Q:

Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, from today. They are to be replaced by a $1500 payment due four years from today, and another payment due two years from today. The replacement stream must be economically equivalent to the scheduled stream. What is the unknown payment, if money can earn 7% compounded semiannually?

A) 1548 B) 1348
C) 1648 D) 1748
 
Answer & Explanation Answer: C) 1648

Explanation:

FV1 = Future value of $2000, 1 year later
= PV (1+  i)^n

Report Error

View Answer Report Error Discuss

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

2 4486
Q:

Pointing to a photograph, a woman says, "This man's son's sister is my mother-in-law." How is the woman's husband related to the man in the photograph ?

A) son B) nephew
C) grandson D) son-in-law
 
Answer & Explanation Answer: C) grandson

Explanation:

Man's son's sister---Man's daughter.
So, the man's daughter is the mother of the woman's husband. Thus, the woman's husband is the grandson of the man in the photograph.

Report Error

View Answer Report Error Discuss

Filed Under: Blood Relations
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Bank Clerk , Bank PO

6 4484
Q:

Value of vehicle at end of each year depreciates at the rate of 3/5th of value at the beginning. If Initial value is 10,000Rs then at the end of three years its value is ? 

A) Rs. 6000 B) Rs. 3600
C) Rs. 2160 D) Rs. 415
 
Answer & Explanation Answer: C) Rs. 2160

Explanation:

End of first year     :  10000 x (3/5) = Rs. 6000
End of second year :  6000 x (3/5) = Rs. 3600
End of third year    :  3600 x (3/5) = Rs. 2160

Report Error

View Answer Report Error Discuss

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

2 4483
Q:

In the following question, select the missing number from the given series.

 

19, 21, 25, 27, 31, ?

 

A) 35   B) 32
C) 33 D) 39
 
Answer & Explanation Answer: C) 33

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Number Series
Exam Prep: Bank Exams

3 4483
Q:

How many times in a day, are the hands of a clock in straight line but opposite in direction?

A) 11 B) 22
C) 33 D) 44
 
Answer & Explanation Answer: B) 22

Explanation:

The hands of a clock point in opposite directions (in the same straight line) 11 times in every
12 hours. (Because between 5 and 7 they point in opposite directions at 6 o'clcok only).
So, in a day, the hands point in the opposite directions 22 times

Report Error

View Answer Report Error Discuss

Filed Under: Clocks
Exam Prep: Bank Exams
Job Role: Bank PO

8 4482
Q:

Metals are good conductors of electricity because

A) The atoms are lightly packed B) They contain free electrons
C) They have high melting point D) All the above
 
Answer & Explanation Answer: B) They contain free electrons

Explanation:

Metal particles are held together by strong metallic bonds, which is why they have high melting and boiling points. The free electrons in metals can move through the metal, allowing metals to conduct electricity.

Because the electrons in the atom's higher energy levels can separate from the atoms easily, they can be pulled out with very little energy. Because the molecular structure of the metal is such that 'free electrons' are free to move, thus being categorized as electrically conductive.

 

For example, copper is used for electrical wiring because it is a good conductor of electricity.

Report Error

View Answer Report Error Discuss

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

4 4482
Q:

If a mirror is placed on the line MN, then which figure is the right image of the given figure?

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Image Analysis
Exam Prep: Bank Exams

0 4482
Q:

Find the odd word/letters/number pair from the given alternatives.

(A) AE (B) CG (C) JN (D) MO

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Odd Man Out
Exam Prep: Bank Exams

1 4481