# Bank PO Questions

Q:

Townbank offers a term deposit account paying investors 12.5% p.a. simple interest on investments over \$100 000 for 2 years or more. Peta decides to invest \$150 000 in this account for 2 years. How much interest will Peta earn at the end of the investment?

 A) 57500 B) 47500 C) 37500 D) 67500

Explanation:

I = (p x t x r)/100

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Q:

At what time between 3 and 4 o’clock will the minute hand and the hour hand are on the same straight line but facing opposite directions ?

 A) 3:15 2/8 B) 3:49 C) 3:49 1/11 D) 3:51

Explanation:

On straight line means 180 degree angle.
180 = 11/2 min – 30 hrs
180 = 11/2 m – 30 × 3
180 = 11/2 m – 90
(180 + 90) 2 = 11 m
m = 540/11 = 49 1/11 minutes.

$\inline \fn_jvn \therefore time = 3: 49 \frac{1}{11}$

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Q:

The minimum number of half years in which a sum of money kept at 60% compound interest will be quadrupled is ?

 A) 2 B) 4 C) 3 D) 6

Explanation:

Let us assume Amount be 100 Rs and we calculate in CI

First year 60% of 100 = 60 amount (100+60) is 160

Second year 60% of 160 = 96 amount (160+96) is 256

Third year 60% of 256 =153.6 amount (256+153.6) is 409.6

Here the Amount of 100 Rs is quadrapled in 3 years.

One year contains 2 half years

Three year has 6 half years.

$\inline \fn_jvn \small \therefore$ It takes 6 half years.

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Q:

India's Largest overseas investment in the UK is the Tata Corus deal. What is the UK's largest investment in India?

 A) Vodafone B) Idea C) Tetley D) Allianz

Explanation:

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

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Q:

India's Grandmaster Vishwanathan Anand won the Rapid World Chess Championship by defeating

 A) Anatoly Karpov B) Robert Fischer C) Boris Spassky D) Levon Aronian

Explanation:

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

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