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Q:

Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?

A) loss of 24% B) gain of 28%
C) loss of 28% D) gain of 20%
 
Answer & Explanation Answer: B) gain of 28%

Explanation:

Money invested by Rajan before 1 year was = Rs. 100000

Money in UK pounds @ 75 is = 100000/75 = 1333.33 Pounds

 

Now, after 1 year invested amount was appreciated by 20%

=> 20% of 1333.33 = 266.66

 

Total investment becomes = 1333.33 + 266.66 = 1600 Pounds

This 1600 Pounds @ Indian currency at 80 = 1600 x 80 = Rs. 1,28,000

 

Hence, Rajan's investment of Rs. 1,00,000 becomes Rs. 1,28,000 in 1 year

 

Therefore, his profit % = [(128000 - 100000)/100000] x 100 = 28%.

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

9 5060
Q:

Which organ filters blood in human body?

A) Lungs B) Heart
C) Liver D) Kidneys
 
Answer & Explanation Answer: D) Kidneys

Explanation:

The organ which filters blood in human body are kidneys.

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

6 5060
Q:

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ?

A) 60% B) 50%
C) 70% D) 45%
 
Answer & Explanation Answer: C) 70%

Explanation:

Let C.P.= Rs. 100.
Then, Profit = Rs. 320,
S.P. = Rs. 420.

New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs. 420.

Profit = Rs. (420 - 125) = Rs. 295

Required percentage = (295/420) * 100
= 70%(approx)

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk

2 5059
Q:

Which is the only snake that builds nests ?

A) King Cobra B) Anaconda
C) Python D) Viper
 
Answer & Explanation Answer: A) King Cobra

Explanation:
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Filed Under: Animals and Birds
Exam Prep: AIEEE , Bank Exams

20 5059
Q:

Which of the following could not be the lengths of the sides of a right angled triangle?

A) 3, 4, 5 B) 5, 12, 13
C) 8, 15, 17 D) 12, 15, 18
 
Answer & Explanation Answer: D) 12, 15, 18

Explanation:

Using Pythagoras theorem we can see that 122 + 152 is not equal to 182
Neither is 102 + 242 = 252

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Filed Under: Ratios and Proportions
Exam Prep: GRE

3 5058
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

5 5057
Q:

In a certain code language, “blue” means “car”, “car” means “wood”, “wood” means “rice”, “rice” means “chair” and “chair” means “table”. What do we eat?

A) rice B) chair
C) wood D) blue
 
Answer & Explanation Answer: B) chair

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

3 5056
Q:

Which Bank has made online transactions through RTGS and NEFT free of cost from November 1?

A) HDFC Bank B) Karur Vysya Bank
C) ICICI Bank D) SBI Bank
 
Answer & Explanation Answer: A) HDFC Bank

Explanation:

Private sector lender HDFC Bank has made online fund transfer through RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer) free with effect from November 1, with an aim to promote digital economy.

According to the revised charges, customers of savings and salary accounts of HDFC Bank will not have to pay any charge for transferring funds online using its RTGS and NEFT facilities.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

13 5054