Bank Exams Questions

Q:

The difference between the compound interest and simple interest on an amount of Rs.15000 for two years is Rs.96. what is the rate of interest per annum

A) 8 B) 10
C) 12 D) 13
 
Answer & Explanation Answer: A) 8

Explanation:

[15000 *(1+r/100)^2-15000]-(15000*r*2)/100=96

r=8

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

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Q:

Which Indian Anti Hunger activist will be honoured with the 2017 Queen’s Young Leaders award  ?

A) Sachin Bansal B) Anil Agarwal
C) Ankit Kawatra D) Kunal Bahl
 
Answer & Explanation Answer: C) Ankit Kawatra

Explanation:

Indian anti-hunger activist Ankit Kawatra has honoured with the 2017 Queen’s Young Leaders award for his exceptional work in transforming the lives of others. Kawatra is among the 60 others from all 53 Commonwealth countries to be felicitated with the prestigious award by Queen Elizabeth (II) at a ceremony in Buckingham Palace in London on June 29, 2017. The honourees will also undergo a year-long mentoring and online learning by the University of Cambridge to build leadership capabilities and better their work towards the communities. He is the founder of Feeding India, a not-for profit organization that works towards solving problems of hunger, malnutrition and food wastage, mainly by redistributing extra food from restaurants, canteens, households, corporates etc. to help people in need.

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Filed Under: Honours and Awards
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

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Q:

A place where bees are kept in called

A) Apiary B) Hive
C) Sanctuary D) Mole
 
Answer & Explanation Answer: A) Apiary

Explanation:

a_place_where_bees_are_kept_in_called1559565045.jpg image

A place where honey bees are kept in called an Apiary or a bee yard.

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

8 6535
Q:

The ratio between the number of sheep and the number of horses at the Stewar farm is 4 to 15. If each of horse is fed 110 ounces of horse food per day and the farm needs a total 13200 ounces of horse food per day. what is number sheep in the form ?

A) 32 B) 36
C) 44 D) 52
 
Answer & Explanation Answer: A) 32

Explanation:

Given ratio of number of sheep and horses = 4 : 15
Let number of sheep and horses are 4k and 15k
Number of horses = 13200/110 = 120
Now 15K = 120 and k = 8
Number of sheep = 4k = (4 x 8) = 32

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

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Q:

The cost price of three varieties of mangoes namely M, N and O is Rs. 20/kg, Rs. 40/kg and Rs. 50/kg respectively. Find the selling price of one kg of mango in which these three varieties of mangoes are mixed in the ratio of 2 : 3 : 5 such that there is a net profit of 20%?

A) Rs. 47 B) Rs. 49.2
C) Rs. 48.5 D) Rs. 50.3
 
Answer & Explanation Answer: B) Rs. 49.2

Explanation:

Total cost of all varieties of mangoes = 20 x 2 + 40 x 3 + 50 x 5 = 40 + 120 + 250 = Rs. 410

Then, cost of 1 kg mangoes = 410/10 = Rs. 41

To get 20% profit,

The rate at which the mangoes should be sell = 120/100 x 41 = Rs. 49.2

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Q:

If the boat goes 7 kms upstream in 42 min and speed of the stream is 3 kmph, then the speed of the boat in still water ?

A) 14 kmph B) 13 kmph
C) 12 kmph D) 11 kmph
 
Answer & Explanation Answer: B) 13 kmph

Explanation:

Given that, upstream distance = 7 kms

Upstream speed = 7/42 x 60 = 10 kms

Speed of the stream = 3 kmph

Let speed in still water = M kmph, then

Upstream speed = M - 3 = 10

=> M = 13 kmph.

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

10 6527
Q:

K and L start a business jointly. K invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit L claims 2/7th share. How much money is contributed by L?

A) Rs. 13,204 B) Rs. 14,521
C) Rs. 12,800 D) Rs. 15,000
 
Answer & Explanation Answer: C) Rs. 12,800

Explanation:

Given share of L is 2/7 th of profit. Then, their profits are divided in to 5:2 ratio.

Ratio of K and L is


16000×8x×4=52


x = Rs. 12,800.

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

8 6526
Q:

Josh borrowed $250 from his mother to buy an electric scooter. Josh will pay her back in 1 year with 3% simple annual interest. How much interest will Josh pay?

A) 7.50 B) 8.50
C) 9.50 D) 10.50
 
Answer & Explanation Answer: A) 7.50

Explanation:

I=prt/100

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

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