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Bank Exams Questions

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Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:0.7

A) 9 B) 10
C) 11 D) 12
 
Answer & Explanation Answer: D) 12

Explanation:

i=j/m

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Filed Under: Compound Interest
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Q:

A computer program consists of

A) flowchart B) algorithm
C) logical steps D) All of the above
 
Answer & Explanation Answer: B) algorithm

Explanation:

A computer program is a set of instructions i.e algorithm that are to be executed to complete a task.

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Filed Under: Computer
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Q:

Buy at 30 cell at 50. What is the profit percentage?

A) 20% B) 40%
C) 45% D) 35%
 
Answer & Explanation Answer: B) 40%

Explanation:

Cost price = Rs. 30

Selling price = Rs. 50

Gain = Rs. 20

Profit % = Gain/cost price x 100 = 20/50 x 100 = 40%

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Filed Under: Profit and Loss
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Q:

In a class of 80 students and 5 teachers, each student got shopping coupons that are 15% of the total number of students and each teacher got shopping coupons, that are 25% of the total number of students. How many shopping coupons were there?

A) 960 B) 1000
C) 1060 D) 100
 
Answer & Explanation Answer: C) 1060

Explanation:

Given total number of students = 80

Total teachers = 5

Number of coupons each student got = 15 x 80/100 = 12

Number of coupons each teacher got = 25 x 80/100 = 20

 

Therefore, total number of shopping coupons = 80 x 12 + 5 x 20 = 960 + 100 = 1060.

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Filed Under: Percentage
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Q:

A, B and C invested amounts in the ratio 3 : 4 : 5 respectively. If the schemes offered compound interest at the rate of 20% per annum, 15% per annum and 10% per annum respectively, then what will be the ratio of their amounts after 1 year?

A) 3 : 15 : 25 B) 6 : 6 : 5
C) 36 : 46 : 55 D) 12 : 23 : 11
 
Answer & Explanation Answer: C) 36 : 46 : 55

Explanation:
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Filed Under: Partnership
Exam Prep: Bank Exams

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Q:

The difference between cost price and selling price is Rs 451. If loss percentage is 11%, then what is the selling price (in Rs)?

A) 3254 B) 3649
C) 3857 D) 4100
 
Answer & Explanation Answer: B) 3649

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

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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:

In which city the world's tallest sandcastle has been built  ?

A) Duisburg B) Berlin
C) Havana D) Paris
 
Answer & Explanation Answer: A) Duisburg

Explanation:
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Filed Under: Famous Places
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