Bank Exams Questions

Q:

Calculate the effective interest rate compounded quarterly of a 13% annual rate.

A) 13.65% B) 14.665%
C) 15.65% D) 16.65%
 
Answer & Explanation Answer: A) 13.65%

Explanation:

E=(1+i/n)^n-1

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Filed Under: Compound Interest
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Q:

Where does hair not grow on the human body?

A) sole of feet B) palms
C) lips D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Hair grows everywhere on the skin except palms, sole of feet and lips on the human body. Hair is modified type of skin.

where_does_hair_not_grow_on_the_human_body1544865865.jpg image

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Filed Under: General Science
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Q:

How much water (in litres) must be added to 80 litres solution of milk and water containing 10% milk, so that it becomes a 5% milk solution?

A) 10 B) 20
C) 40 D) 80
 
Answer & Explanation Answer: D) 80

Explanation:
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Filed Under: Alligation or Mixture
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Q:

Karthik is now 32 years old and his son is 7 years old. In how many years will Karthik be twice as old as the son?

A) 18 B) 25
C) 7 D) 15
 
Answer & Explanation Answer: A) 18

Explanation:

Given Karthik’s age = 32 years

Karthik’s son age = 7 years

Difference between their ages = K - S = 32 - 7 = 25 years ….(1)

Now, required K = 2S ……(2)

Put (2) in (1)

2S - S = 25

=> S = 25 years

Hence, at the age of 25 years of Karthik’s son, Karthik will be twice as his son’s age.

25 - 7 = 18 years

 

Therefore, after 18 years the father be twice as old as the son.

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Filed Under: Problems on Ages
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Q:

What do lines of latitude measure?

A) east-west position between the poles B) north-south position between the poles
C) north-east position between the poles D) south-west position between the poles
 
Answer & Explanation Answer: B) north-south position between the poles

Explanation:

Lines of latitude measure north-south position between the poles.

 

Lines of latitude are imaginary reference lines that describe how far north or south a location on the Earth is from the Equator. The equator is defined as 0 degrees, the North Pole is 90 degrees north, and the South Pole is 90 degrees south. Lines of latitude are all parallel to each other, thus they are often referred to as parallels.

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Filed Under: World Geography
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Q:

Study the question and all the three statements given and decide whether any information provided in the statements are redundand and can be dispensed with while answering the questions.

Question : 

What is the rate of interest per year ?

Statements :

1. The amount invested is Rs. 6000.
2. The amount becomes Rs. 6741.60 in 2 years at compound interest.
3. The difference between compound interest and simple interest in 2 years is Rs. 21.60.

A) Only 3 B) Both 2 & 3
C) Any two of (1, 2 & 3) D) None
 
Answer & Explanation Answer: C) Any two of (1, 2 & 3)

Explanation:

Using Both 1 & 2 statements we get the rate of interest as in (1) we have given principle amount and in (2) compound interest for 2 years. By this data we get the rate%.

Using Both 1 & 3 statements we can get the rate% as we have principle amount & difference between compound interest and simple interest in 2 years.

Using Both 2 & 3 statements we get compound interest & simple interest by which we get principle amount. So that we can calculate %rate.

Hence by using any two of the three statements(1,2&3) we get rate of interest.

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Q:

ATP generally energizes a cellular process by

A) direct chemical transfer of a phosphate group B) becoming oxidized
C) releasing heat upon hydrolysis D) direct chemical transfer of a sugar group
 
Answer & Explanation Answer: A) direct chemical transfer of a phosphate group

Explanation:

ATP generally energizes a cellular process by direct chemical transfer of a phosphate group.

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Filed Under: Chemistry
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Q:

India’s first indigenously built floating dock (FDN-2) has launched on which shipyard  ?

A) Kattupalli Shipyard B) Goa Shipyard
C) Hindustan shipyard Ltd D) Bombay Dockyard
 
Answer & Explanation Answer: A) Kattupalli Shipyard

Explanation:

India’s first indigenously built Floating Dock (FDN-2) for the Indian Navy has launched at the L&T Shipbuilding Yard at Kattupalli near Chennai, Tamil Nadu. The Floating Dock is 185 metres long and 40 metres wide and will enable docking of all kinds of vessels, including Naval ships and submarines (excepting aircraft carriers and tankers) of up to 8,000 tonnes displacement, with draughts of up to seven metres, during both day and night. FDN-2 was designed and built by Larsen & Toubro Ltd. (L&T) at a cost of Rs 468 crore.

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