Bank Exams Questions

Q:

An amount of money was lent for 3 years. What will be the difference between the simple  and the compound interest earned on it at the same rate?
I. The rate of interest was 8 p.c.p.a.
II. The total amount of simple interest was Rs. 1200

A) I alone sufficient while II alone not sufficient to answer B) alone sufficient while I alone not sufficient to answer
C) Both I and II are not sufficient to answer D) Both I and II are necessary to answer
 
Answer & Explanation Answer: D) Both I and II are necessary to answer

Explanation:

Given: T = 3 years.
I. gives: R = 8% p.a.
II. gives: S.I. = Rs. 1200.
Thus, P = Rs. 5000, R = 8% p.a. and T = 3 years.
Difference between C.I. and S.I. may be obtained.
So, the correct answer is (D).

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

0 8257
Q:

K is 50% faster than L. If L starts at 9 A.M. and K starts at 10 A.M. L travels at a speed of 50 km/hr. If L and K are 300 kms apart, The time when they meet when they travel in opposite direction is ?

A) 12 pm B) 1 pm
C) 11 am D) 11:30 am
 
Answer & Explanation Answer: A) 12 pm

Explanation:

let 't' be the time after which they met since L starts.

Given K is 50% faster than L

50 t + 1.5*50(t-1) = 300

50 t +75 t = 300 + 75

t = 375 / 125 = 3 hrs past the time that L starts

So they meet at (9 + 3)hrs = 12:00 noon.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

4 8255
Q:

19 friends went to a restaurant for a combined weekend dinner party. 13 of them spent Rs. 79 each on their dinner and the rest spent Rs. 4 more than the average expenditure of all the 19. What was the total money spent by them?   

A) Rs. 1398.96 B) Rs. 1457.09
C) Rs. 1662.35 D) Rs. 1536.07
 
Answer & Explanation Answer: D) Rs. 1536.07

Explanation:

Let average expenditure was Rs. R

13 x 79 + 6x(R + 4) = 19R

=> R = Rs. 80.84

Total money = 19 x 80.84 = Rs. 1536.07.

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Filed Under: Average
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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29 8252
Q:

The average age of Sita and Gita is 30 years. If Rita replaces Sita, then the average age will become 28 years and if Rita replaces Gita, then the average age will become 32 years. What are the respective ages (in years) of Sita, Gita and Rita?

 

A) 40, 44, 36   B)  44, 40, 36  
C) 34, 26, 30   D) 30, 26, 34
 
Answer & Explanation Answer: C) 34, 26, 30  

Explanation:
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Filed Under: Problems on Ages
Exam Prep: Bank Exams

26 8252
Q:

 

According to the given Venn diagram, the total number of students who play cricket as well as Kabaddi but not football is ___.

A) V B) R
C) U D) T
 
Answer & Explanation Answer: D) T

Explanation:
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Filed Under: Logical Venn Diagram
Exam Prep: Bank Exams

1 8252
Q:

Why is Golden Rice pale yellow in color?

A) Rich in Beta-Carotene B) Rich in Phycobilins
C) Rich in Chlorophyll D) None
 
Answer & Explanation Answer: A) Rich in Beta-Carotene

Explanation:

Golden Rice (Oryza sativa) denotes a genetically modified rice capable of biosynthesizing and accumulating β-carotene (provitamin A) in the endosperm, yielding a characteristic yellow color in the polished grains. Golden rice was developed to help cope with vitamin A deficiency, a problem that prevails in developing countries, affecting millions (Underwood, 2000; UNICEF, 2000). Vitamin A deficiency causes mortality and growth retardation in children and frequently impairs vision, leading to blindness. It also contributes indirectly to anemia by interfering with iron bioavailability.

 

The endosperm of Golden Rice (Oryza sativa) is yellow due to the accumulation of β-carotene (provitamin A) and xanthophylls. The product of the two carotenoid biosynthesis transgenes used in Golden Rice results in Pale Yellow color.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams
Job Role: Bank PO

13 8228
Q:

'MP' is related to 'KN' in the same way as 'DG'  is related to 

A) FI B) GJ
C) HK D) BE
 
Answer & Explanation Answer: D) BE

Explanation:

The letters move two places backward each in the alphabet as given below:

 M-2K

 P-2N

 

Therefore,  D-2B and  G-2E => BE

 

             

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

11 8227
Q:

A jar was full with honey. A person used to draw out 20% of the honey from the jar and replaced it with sugar solution. He has repeated the same process 4 times and thus there was only 512 gm of honey left in the jar, the rest part of the jar was filled with the sugar solution. The initial amount of honey in the jar was:

A) 1.25 kg B) 1 kg
C) 1.5 kg D) None of these
 
Answer & Explanation Answer: A) 1.25 kg

Explanation:

Let the initial amount of honey in the jar was k, then

 

 512 = k1 - 154 or  512 = k454 

 => k = 512 × 625256 

=> k = 1250

 

 Hence initially the honey in the jar = 1.25 kg

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Filed Under: Alligation or Mixture
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

23 8217