Bank Exams Questions

Q:

A car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.  What is the monthly instalment?

A) $503 B) $504
C) $505 D) %506
 
Answer & Explanation Answer: B) $504

Explanation:

Cash price = $21 000

Deposit = 10% × $21 000 = $2100 

Loan amount = $21000 − $2100 = $18900

I=p x r x t/100 

I=11340

Total amount = 18900 + 11340 = $30240

Regular payment = total amount /number of payments

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

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Q:

Although glory but not at my best. Power will fall to me when the man who made me dies. What am I?

Answer

PRINCE.

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Q:

Second Nationalization of Commercial Banks in India took place in ?

A) 1890 B) 1969
C) 1972 D) 1980
 
Answer & Explanation Answer: D) 1980

Explanation:

First nationalisation of commercial banks in India took place in 1969 and second time in 1980.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Who is the first Indian to take a hat trick in an international test ?

A) Jasu Patel B) Kapil Dev
C) Harbajan Singh D) B. S. Chandra Sekhar
 
Answer & Explanation Answer: C) Harbajan Singh

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

13 6761
Q:

What type of simple machine is an axe?

A) Lever B) Wedge
C) Both A & B D) The screw
 
Answer & Explanation Answer: C) Both A & B

Explanation:

The simple machine Axe is made up of both the lever arm and a wedge.

                              what_type_of_simple_machine_is_an_axe1536562753.png image

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

I can be broken or attacked, I can be clogged or crushed, I can be given and I can be kept, sometimes I am warm and other times I am cold. What am I?

Answer

A Heart.

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Subject: Logic Puzzles Exam Prep: Bank Exams

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Q:

CK169JROS2419TXKM??PV

A) 14,21 B) 21,14
C) 56,84 D) 84,56
 
Answer & Explanation Answer: B) 21,14

Explanation:

Putting A=1, B=2, C=3,..., M=13,....,X=24,Y=25, Z=26, we have :

 

 

 

 JR = J + R2 + 2 = 10 + 18 2 + 2 = 16

 

 

 

CK = C + K2 + 2 =  3 + 112 + 2 = 9

 

 

 

TX = T + X2+ 2 = 20 + 242 + 2 = 24

 

 

 

OS = O + S2 + 2 = 15 + 192 + 2 = 19

 

 

 

 So, the missing numbers are :

 

 

 

21 and 14

 

 

 

Hence, the answer is (b).

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Filed Under: Inserting The Missing Character
Exam Prep: TOEFL , GRE , Bank Exams , AIEEE
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124 6757
Q:

There are 600 Kabaddi players 4% wear knee band on one leg. Of the remaining, 25% wear knee bands on both legs. How many players don't wear a knee band ?

A) 426 B) 428
C) 415 D) 432
 
Answer & Explanation Answer: D) 432

Explanation:

There are 600 Kabaddi players
4% wear knee band on one leg
Remaining players = 600 x 0.96 = 576
Of the remaining, 25% wear knee bands on both leg
and Of the remaining, 75% do not wear knee bands .
So players not wearing knee bands = 0.75 x 576 = 576 x 3/4 = 144 x 3 = 432.

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

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