4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest?

A) 65years	B) 56years
C) 45years	D) 57years

Answer & Explanation Answer: B) 56years

Explanation:

Simple interest is given by the formula SI = (pnr/100), where p is the principal, n is the numberof years for which it is invested, r is the rate of interest per annum

In this case, Rs. 1250 has become Rs.10,000.

Therefore, the interest earned = 10,000 – 1250 = 8750.

8750 = [(1250 x n x 12.5)/100]

=> n = 700 / 12.5 = 56 years.

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

30 24721

Q:

Three persons A, B and C are standing in a queue. There are five persons between A and B and eight persons between B and C. If there be three persons ahead of C and 21 persons behind A, what could be the minimum number of persons in the queue?

A) 41	B) 40
C) 28	D) 27

Answer & Explanation Answer: C) 28

Explanation:

Three persons A, B, C can be arranged in a queue in six different ways, ie ABC, CBA, BAC, CAB, BCA, ACB. But since there are only 3 persons ahead of C, so C should be in front of the queue. Thus, there are only two possible arrangements, ie CBA and CAB.

We may consider the two cases as under:

Case I: $\overset{3}{\leftarrow} C \overset{8}{\leftrightarrow} B \overset{5}{\leftrightarrow} A \overset{21}{\to}$

Clearly, number of persons in the queue = (3+1+8+1+5+1+21=) 40

Case II: $\overset{3}{\leftarrow} C A \overset{5}{\leftrightarrow} B$

Number of persons between A and C

= (8 - 6) = 2

$∵ [C \overset{8}{\leftrightarrow} B A \overset{21}{\to} B]$

Clearly number of persons in the queue = (3+1+2+1+21) = 28

Now, 28 < 40. So, 28 is the minimum number of persons in the queue.

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Filed Under: Number, Ranking and Time Sequence Test
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

169 24717

Q:

Arrange the given words in the sequence in which they occur in the dictionary.

i. Ramification
ii. Rampant
iii. Rapport
iv. Radical

A) iii, i, iv, ii	B) iv, i, iii, ii
C) iv, i, ii, iii	D) iii, iv, i, ii

Answer & Explanation Answer: C) iv, i, ii, iii

Explanation:

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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

1 24712

Q:

Which of the statements given below are correct?

A) Australia won the 2016–17 Men's FIH Hockey World League Final.

B) Garbiñe Muguruza won the Tennis 2017 Cincinnati Masters Women's Singles.

C) In 2017 Pro Kabaddi League, Sandeep Narwal played for Puneri Paltan.

A) Only C	B) Both A and C
C) Both B and C	D) None of these

Answer & Explanation Answer: D) None of these

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

0 24698

Q:

Rs. 5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam.

A) 3567	B) 3452
C) 3087	D) 3544

Answer & Explanation Answer: C) 3087

Explanation:

Shyam's share * (1+0.05)9 = Ram's share * (1 + 0.05)11

Shyam's share / Ram's share = (1 + 0.05)11 / (1+ 0.05)9 = (1+ 0.05)2 = 441/400

Therefore Shyam's share = (441/841) * 5887 = 3087

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

17 24697

Q:

The difference between two parallel sides of a trapezium is 4 cm. perpendicular distance between them is 19 cm. If the area of the trapezium is 475 find the lengths of the parallel sides.

A) 27 and 23	B) 24 and 23
C) 25 and 23	D) 22 and 23

Answer & Explanation Answer: A) 27 and 23

Explanation:

Let the two parallel sides of the trapezium be a cm and b cm.

Then, a - b = 4

And, $\frac{1}{2} \times (a + b) \times 19 = 475 = > (a + b) = 50$

Solving (i) and (ii), we get: a = 27, b = 23.

So, the two parallel sides are 27 cm and 23 cm.

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

23 24666

Q:

Which of the following terms follows the trend of the given list?

YXZYXYXY, YXYXZYXY, YXYXYXZY, YZXYXYXY, YXYZXYXY, _______________.

A) ZYXYXYXY	B) YXZYXYXY
C) YXYXZYXY	D) YXYXYZXY

Answer & Explanation Answer: D) YXYXYZXY

Explanation:

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

6 24657

Q:

Which of the following terms follows the trend of the given list?

PQPPPPPQ, PPQPPPPQ, PPPQPPPQ, PPPPQPPQ, PPPPPQPQ, _______________.

A) QPPPPPPQ	B) PQPPPPPQ
C) PPQPPPPQ	D) PPPPPPQQ

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