Exams


Q:

loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan was taken out on April 7 and is due in seven months

A) 13615.52 B) 14615.52
C) 15615.52 D) 16615.52
 
Answer & Explanation Answer: C) 15615.52

Explanation:

I = prt = [15000 × 0.07 × (214/365) ]=615.52

Future value, S = P + I = $15 000 + $615.52 = $15 615.52

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

1 4251
Q:

ETCS means

A) Electronic Tax Collected at Source B) Electric Tax Collected at Source
C) Enable Tax Collected at Source D) Electrical Tax Collected at Source
 
Answer & Explanation Answer: A) Electronic Tax Collected at Source

Explanation:

Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified.

E - TCS  is the process of filing TCS returns through electronic media. It is necessary for government and corporate collectors to file TCS returns in its electronic form. Collectors (other than government) have the provision to file TCS returns in physical form or electronic form.

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Filed Under: Accounts Receivable
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 4251
Q:

What do you call a bear without an ear?

Answer

Given BEAR, if you remove EAR only remains with 'B'.


 


Hence, we call it as 'B', a bear without an ear.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

11 4251
Q:

What is the capital of Bhutan ?

A) Dhaka B) Thimphu
C) Tripoli D) Tokyo
 
Answer & Explanation Answer: B) Thimphu

Explanation:
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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

14 4250
Q:

The ages of Sunil and Anil are in the ratio 8:7, after 6 years, the ratio of their ages will be 19 : 17. What is the difference in their present ages?

A) 10 years B) 6 years
C) 8 years D) 4 years
 
Answer & Explanation Answer: D) 4 years

Explanation:

suppose the ages of Sunil and Anil are 8x yr and 7x yr, respectively.
After 6 yr, = 136x + 102 = 133x + 114
136x – 133x = 114 – 102
3x = 12 X = 12/3 = 4
Age of Sunil = 8x = 8 × 4 = 32 yr
Present age Anil = 7x = 7 × 4 = 28 yr
Required difference = (32 – 28) = 4 yr

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Filed Under: Problems on Ages
Exam Prep: Bank Exams

3 4248
Q:

In a test, 14% of the students failed in Maths and 22% failed in Hindi. If 18% of the students failed in both the subjects, then the percentage of students who passed in both the subjects is

A) 46 B) 44
C) 42 D) 40
 
Answer & Explanation Answer: A) 46

Explanation:

Let the number of students = 100

Number of students who failed in one or more subjects = 14 + 22 + 18 = 54%

The percentage of students who passed in both the subjects = 100 - 54 = 46%.

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

7 4247
Q:

I have three eyes but only one leg.

I still close one even if you beg. 

What am I?

Answer

A traffic light.


It has three 'eyes' (the red, orange and green lights) and the leg is the pole holding it up. Many people beg the light to stay green as they’re approaching.

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2 4247
Q:

Where is the sheet number on a map found?

Answer

The sheet number on the map is found in bold print in both the upper right and lower left areas of the margin.

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Subject: World Geography Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 4245