Bank Exams Questions

Q:

What amount must you invest now at 4% compounded monthly to accumulate $10,000 after 3 year

A) 8695 B) 7695
C) 3695 D) 4695
 
Answer & Explanation Answer: A) 8695

Explanation:

Given: j = 4%, m=  12, FV = $10,000, Term=  3.5 years
Then n  =m  *Term  12(3.5)  42

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

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Q:

When data in a spreadsheet program is changed what occurs?

A) All calculations are recalculated B) Once entered, the data cannot be changed
C) Nothing D) None of the above
 
Answer & Explanation Answer: A) All calculations are recalculated

Explanation:

In a spreadsheet program, when a data is changed all calculations are recalculated.

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Filed Under: Computer
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Where are Enzymes found?

A) food B) human body
C) medicines D) none
 
Answer & Explanation Answer: B) human body

Explanation:

Enzymes play an essential role in each living cell of our body. Enzymes are globular proteins that control biological reactions. These are of two types.

1. Intracellular enzymes

2. Extracellular enzymes

 

Intracellular enzymes are found inside the cell.

Extracellular enzymes act outside the cell.

 

Enzymes are produced by exocrine glands.

Digestive enzymes of diverse specificities are secreted by the salivary glands, stomach, pancreas, and the small intestine.

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Filed Under: Biology
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Q:

Which branch of government declares war?

A) Legislative B) Executive
C) Judicial D) All the above
 
Answer & Explanation Answer: B) Executive

Explanation:
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Filed Under: Indian Politics
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Q:

In a single throw with 2 dices, what is probability of neither getting an even number on one and nor a multiple of 3 on other?

A) 11/36 B) 25/36
C) 5/6 D) 1/6
 
Answer & Explanation Answer: B) 25/36

Explanation:

We first calculate the probability of getting an even number on one and a multiple of 3 on other,Here, n(s) = 6x6 = 36 and

E = (2,3) (2,6) (4,3) (4,6) (6,3) (6,6) (3,2) (3,4)(3,6) (6,2)(6,4)

n(E) = 11P(E) = 11/36Required probability = 1-11/36 = 25/36

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Filed Under: Probability
Exam Prep: Bank Exams
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Q:

How many black cards are in a deck?

A) 13 B) 26
C) 39 D) 52
 
Answer & Explanation Answer: B) 26

Explanation:

The total cards in the deck are 52. These 52 cards are divided into 4 suits of 13 cards in each suit. Two Red suits and Two black suits.

Red suits :: Heart suit and Diamond suit = 26

Black suits :: Spade suit and Club suit = 26.

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Q:

Detroit, USA is famous for which of the following industries?

A) Steel and Iron B) Petrochemical
C) Automobile D) None of the above
 
Answer & Explanation Answer: C) Automobile

Explanation:

detroit_usa_is_famous_for_which_of_the_following_industries1553077783.jpg image

Detroit is the largest and most populous city in the U.S. state of Michigan. It is famous for Automobile Industries and is also known as MOTOR CITY.

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Filed Under: Famous Places
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Q:

Cost of 8 pencils, 5 pens and 3 erasers is Rs 111. Cost of 9 pencils, 6 pens and 5 erasers is Rs 130. Cost of 16 pencils, 11 pens and 3 erasers is Rs 221. What is the cost (in Rs) of 39 pencils, 26 pens and 13 erasers?

A) 316 B) 546
C) 624 D) 482
 
Answer & Explanation Answer: B) 546

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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