Bank PO Questions


Q:

Commercial banks are funded through which of the following?

A) Customer deposits B) Services
C) Stock holders D) Government funding
 
Answer & Explanation Answer: A) Customer deposits

Explanation:

A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.

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

5 15186
Q:

The milk and water in two vessels A and B are in the ratio 4:3 and 2:3 respectively. In what ratio the liquids in both the vessels be mixed to obtain a new mixture in vessel c consisting half milk and half water?

A) 8:3 B) 6:7
C) 7:5 D) 11:7
 
Answer & Explanation Answer: C) 7:5

Explanation:

Milk in 1-litre mixture of A = 4/7 litre. 

Milk in 1-litre mixture of B = 2/5 litre. 

Milk in 1-litre mixture of C = 1/2 litre.

 

By rule of alligation we have required ratio X:Y   

   X                  :                 Y  

  4/7                                2/5  

           \                      /

              (Mean ratio)
                   (1/2) 

           /                      \

 (1/2 – 2/5)     :       (4/7 – 1/2)  

    1/10                      1/1 4 

 

So Required ratio = X : Y = 1/10 : 1/14 = 7:5

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

24 15168
Q:

Sum of the ages of Rajesh, Suresh, Mahesh and Dinesh is 76 years. 7 years hence, their age ratio is 7:6:5:8. Find Mahesh’s present age ?

A) 17 years B) 13 years
C) 14 years D) 16 years
 
Answer & Explanation Answer: B) 13 years

Explanation:

Given R + S + M + D = 76

=> R+7 : S+7 : M+7 : D+7 = 7:6:5:8

=> Let the ratio = x

=> M+7 = 5x

=> M = 5x-7

=> R = 7x-7

=> S = 6x-7

=> D = 8x-7

=> R + S + M + D = 76

=> 7x-7 + 6x-7 + 5x-7 + 8x-7 = 76

=> 26x - 28 = 76

=> 26x = 104

=> x = 4

=> Mahesh's present age = 5x-7 = 20 - 7 = 13 years.

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Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

23 15140
Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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

7 15117
Q:

Who called Subhash Chandra Bose as Desh Nayak?

A) Rabindranath Tagore B) Mahatma Gandhi
C) Bal Gangadhar Tilak D) Lala Lajpat Rai
 
Answer & Explanation Answer: A) Rabindranath Tagore

Explanation:

Rabindranath Tagore called Subhash Chandra Bose as Desh Nayak for the first time.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

26 15074
Q:

Some children goto ice-cream shop. 9 flavours are available there. Each child takes a cone with two different flavours. No two children take same combination and they have taken all such possible combinations. How many children went to ice cream shop ?

A) 28 B) 56
C) 44 D) 36
 
Answer & Explanation Answer: D) 36

Explanation:

Given there are 9 flavours of ice creams.

 

Each child takes the combination of two flavours and no two children will have the same combination

 

This can be done by  ways i.e children.

 

Number of children=C29  = 9 x 8 / 1x 2 = 36.

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Filed Under: Permutations and Combinations
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

4 15074
Q:

Two cones have their heights in the ratio 1:3 and the radii of their bases in the ratio 3:1. Find the ratio of their volumes.

A) 3:1 B) 2:1
C) 4:1 D) 5:1
 
Answer & Explanation Answer: A) 3:1

Explanation:

v1v2=r12Hr22H

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams
Job Role: Bank PO

28 15070
Q:

Which of the following is not a function of a Warehouse?

A) Ensuring Profit B) Stabilisation in price
C) Risk-bearing D) Storage
 
Answer & Explanation Answer: A) Ensuring Profit

Explanation:
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2 15066