Questions

Q:

What is the compound interest earned at the end of 3 years?

I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.

II.The rate of interest is 10 p.c.p.a.

III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.

A) I and II only B) II and III only
C) I and III only D) Either II or III only
 
Answer & Explanation Answer: D) Either II or III only

Explanation:

 

 

 

 

 

 

I. gives, S.I for 3 years = Rs. 4500.

 

 

 

II. gives, Rate = 10% p.a.

 

 

 

III. gives, (C.I.) - (S.I.) = Rs. 465.

 

 

 

Clearly, using I and III we get C.I. = Rs. (465 + 4500).

 

 

 

Thus, II is redundant.

 

 

 

Also, from I and II, we get sum =

 

 

 

100 x 4500

 

 

 

= 15000.

 

 

 

10 x 3

 

 

 

Now C.I. on Rs. 15000 at 10% p.a. for 3 years may be obtained.

 

 

 

Thus, III is redundant.

 

 

 

Either II or III is redundant.

Report Error

View Answer Report Error Discuss

0 67345
Q:

Name the initiative launched by #Telangana to address the issues faced by farmers?

 

A) Rythu Bandhu B) Rythu Vedika
C) Harithahaaram D) Rythu Rajyam
 
Answer & Explanation Answer: B) Rythu Vedika

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 67294
Q:

The filament of a light bulb is made up of

 

A) Platinum B) Tantalum
C) Tungsten D) Antimony
 
Answer & Explanation Answer: C) Tungsten

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

0 67257
Q:

Ujjain is situated on the banks of which river?

 

A) Narmada B) Tawa
C) Tapi D) Shipra
 
Answer & Explanation Answer: D) Shipra

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

3 67240
Q:

Which European country has voted in favour of banning full facial coverings in public places?

 

A) New Zealand B) Switzerland
C) Thailand D) Poland
 
Answer & Explanation Answer: B) Switzerland

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 67095
Q:

Golden Revolution in India refers to growth of

 

A) Rice B) Wheat
C) Honey D) Fish
 
Answer & Explanation Answer: C) Honey

Explanation:

Golden Revolution in India refers to increase in the production of Honey and other Horticulture. The period between 1991 to 2003 is referred to as Golden Revolution Period.

 

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian History
Exam Prep: Bank Exams

0 67081
Q:

Which Constitutional Amendment Act gave constitutional recognition to municipalities?

 

A) 72nd Constitutional Amendment Act   B) 73rd Constitutional Amendment Act
C) 74th Constitutional Amendment Act D) 75th Constitutional Amendment Act
 
Answer & Explanation Answer: C) 74th Constitutional Amendment Act

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 67034
Q:

Which  of  the  following  statements  about Bitcoin is/are correct?

1.It is a decentralized virtual currency.

2.It    is    generated    through    complex computer software systems.

3.The  Reserve  Bank  of  India  recognized it as a legal tender in January 2016.

Select  the  correct  answer  using  the  code given below.

A) 1 only B) 1 and 2 only
C) 2 and 3 only D) 1, 2 and 3
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

Bitcoin is the world's first cryptocurrency,    a    form    of electronic   cash.It   is   the    first decentralized digital  currency:  the system   was   designed   to   work without   acentral   bankor   single administrator.Bitcoins    are    sent from  user  to  user  on  the peer-to-peer bitcoin network directly, without the need for intermediaries.  These  transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain. Bitcoin was invented by an unknown person or group of people   using   the   name Satoshi Nakamoto. Bitcoins are not recognised  as  a  legal  tender  by Reserve Bank of India. 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 66823