AIEEE Questions

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 5064
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 5064
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

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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 5060
Q:

Two parallel chords on the same side of the centre of a circle are 5 cm apart. If the chords are 20 and 28 cm long, what is the radius of the circle? 

A) 14.69 cm B) 15.69 cm
C) 18.65 cm D) 16.42 cm
 
Answer & Explanation Answer: B) 15.69 cm

Explanation:

circle11487663359.jpg image

Draw the two chords as shown in the figure. Let O be the center of the circle. Draw OC
perpendicular to both chords. That divides the two chords in half.
So CD = 10 and AB = 14. Draw radii OA and OD, both equal to radius r.
We are given that BC = 5, the distance between the two chords. Let
OB = x.

We use the Pythagorean theorem on right triangle ABO

AO² = AB² + OB²
r² = 14² + x²

We use the Pythagorean theorem on right triangle DCO

DO² = CD² + OC²

We see that OC = OB+BC = x+5, so

r² = 10² + (x+5)²

So we have a system of two equations:

r² = 14² + x²
r² = 10² + (x+5)²

Since both left sides equal r², set the right sides
equal to each other.

14² + x² = 10² + (x+5)²
196 + x² = 100 + x² + 10x + 25
196 = 125 + 10x
71 = 10x
7.1 = x

r² = 14² + x²
r² = 196 + (7.1)²
r² = 196 + 50.41
r² = 246.41
r = √246.41
r = 15.69745202 cm

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Filed Under: Simplification
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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4 5055
Q:

Which Indian city is named after the snake Anantha of Lord Vishnu?

A) Trivandrum B) Tiruchirappalli
C) Tanjavore D) Vellore
 
Answer & Explanation Answer: A) Trivandrum

Explanation:

Thiruvananthapuram also known as Trivandrum, is the capital and the largest city of the Indian state of Kerala is named after the snake Anantha of Lord Vishnu.

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16 5055
Q:

Which of the following best describes Accounting?

A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business B) is used only for filling out tax returns and for financial statements for various types of governmental reporting requirements
C) records economic data but does not communicate the data to users according to any specific rules D) is of no use by individuals outside of the business
 
Answer & Explanation Answer: A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business

Explanation:

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. 

Which_of_the_following_best_describes_Accounting1537425183.gif image

Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. 

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

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Q:

Total 100 members are writing exam. In that 48 members are writing first exam, 45 members are writing second exam and 38 members are writing third exam. 5 members are writing all the three exams. How many members are writing 2 exams ?

A) 26 B) 23
C) 27 D) 21
 
Answer & Explanation Answer: D) 21

Explanation:

Total number of exams written by 100 students = 48 + 45 + 38 = 131
Now let us say x members are writing only 1 exam, y members are writing only 2 exams, z members are writing only 3 exams.
Therefore, x + 2y + 3z = 131 also x + y + z = 100.
Given that z = 5. So x + 2y = 116 and x + y = 95.
Solving we get y = 21.
So 21 members are writing exactly 2 exams.

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Filed Under: Problems on Numbers
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