Bank PO Questions


Q:

The first 8 alphabets are written down at random. what is the probability that the letters b,c,d,e always come together ?

A) 1/7 B) 8!
C) 7! D) 1/14
 
Answer & Explanation Answer: D) 1/14

Explanation:

The 8 letters can be written in 8! ways.
n(S) = 8!
Let E be the event that the letters b,c,d,e always come together when the first 8 alphabets are written down.
Now the letters a, (bcde), f, g and h can be arranged in 5! ways.
The letters b,c,d and e can be arranged themselves in 4! ways.
n(E) = 5! x 4!
Now, the required P(E) = n(E)/n(S) = 5! x 4!/8! = 1/14
Hence the answer is 1/14. 

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13 1992
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

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2 1990
Q:

When Raj Tarun was born, his father was 32 years older than his brother and his mother was 25 years older than his sister. If Raj Tarun's brother is 6 years older than Raj Tarun and his mother is 3 years younger than his father, how old was Raj Tarun's sister when Raj Tarun was born ?

A) 5 B) 10
C) 15 D) 8
 
Answer & Explanation Answer: B) 10

Explanation:

Raj Tarun's age = 0 when he was born.
Then, given his brother is 6 years old.
Then his father is 6 + 32 = 38 when Raj Tarun was born
And his mother is 3 years yonger than his father => so his mother was 35 years old when Raj Tarun was born
and his sister is 25 year younger than his mother
so Raj Tarun's sister was 10 years old when Raj Tarun was born.

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6 1988
Q:

The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned  ?

A) Rs. 11828.80 B) Rs. 19828.80
C) Rs. 9828.80 D) Rs. 19328.80
 
Answer & Explanation Answer: B) Rs. 19828.80

Explanation:

Let the sum be Rs. P
P{ 1+81002- 1 } = 2828.80

 

It is in the form of  a2-b2 = a+ba-b

 

P(8/100)(2 + 8/100) = 2828.80

 

P = 2828.80 / (0.08)(2.08)

 

= 1360/0.08 = 17000

 

Principal + Interest = Rs. 19828.80

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11 1985
Q:

A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V ?

A) Rs. 2000 B) Rs. 1600
C) Rs. 2200 D) Rs. 2100
 
Answer & Explanation Answer: A) Rs. 2000

Explanation:

Let 'x' be the cost price.
Now Marked price = x + 30x/100 = 13x/10
10% discount = 10/100 x 13x/10 = 13x/100
Selling price = 13x/10 - 13x/100 = 117x/100
Given gain = 340
Here gain = 117x/100 - x = 17x/100 = 340 => x = Rs. 2000.

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5 1983
Q:

How many three digit numbers 'abc' are formed where two of the three digits are same ?

A) 252 B) 648
C) 243 D) 900
 
Answer & Explanation Answer: C) 243

Explanation:

Digits are 0,1,2,3,4,5,6,7,8,9. So no. of digits are 10

 

First all possible case => 9(0 excluded) x 10 x 10 = 900

 

Second no repetition allowed =>9 x 9 x 8 = 648

 

Third all digits are same => 9 (111,222,333,444,555,666,777,888,999)

 

Three digit numbers where two of the three digits are same = 900 - 648 - 9 = 243 ;

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2 1982
Q:

Which of the following nations in India sub-continent generates about 5000 mw electricity the excesss of which would be imported by india?

A) Nepal B) Bhutan
C) Bangladesh D) Myanmar
 
Answer & Explanation Answer: B) Bhutan

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

3 1982
Q:

In which year SBI was Nationalised ?

A) 1995 B) 1955
C) 1980 D) 1969
 
Answer & Explanation Answer: B) 1955

Explanation:

The nationalisation of banks in India took place in 1969 by Mrs. Indira Gandhi the then prime minister. It nationalised 14 banks then. These banks were mostly owned by businessmen and even managed by them. Before the steps of nationalisation of Indian banks, only State Bank of India (SBI) was nationalised. It took place in July 1955 under the SBI Act of 1955.

Nationalisation of Seven State Banks of India (formed subsidiary) took place on 19th July, 1960.

1955 : Nationalisation of State Bank of India.
1969 : Nationalisation of 14 major banks.
1980 : Nationalisation of seven banks with deposits over 200 crores.

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Filed Under: Bank Interview - Accounting and Finance
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

4 1980