Bank PO Questions and Answers with Explanation, Job Roles

Q:

In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ?

A) Quarter months	B) Half year
C) 2 years	D) 1 year

Answer & Explanation Answer: B) Half year

Explanation:

3300 ----- 3% ↑ (1st time interval, 99) → 3399.

Here, time interval is given as half-yearly i.e. 6 months.

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Filed Under: Compound Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

3 8532

Q:

Mr. Karthik drives to work at an average speed of 48 km/hr. Time taken to cover the first 60% of the distance is 20 minutes more than the time taken to cover the remaining distance. Then how far is his office ?

A) 40 km	B) 50 km
C) 70 km	D) 80 km

Answer & Explanation Answer: D) 80 km

Explanation:

Let the total distance be 'x' km.

Time taken to cover remaining 40% of x distance is $t 1 = \frac{40 \times x}{100 \times 48}$

But given time taken to cover first 60% of x distance is $t 2 = t 1 + \frac{20}{60} h r s$

$t 2 = \frac{60 \times x}{100 \times 48}$

$∴ \frac{60 \times x}{100 \times 48} = \frac{40 \times x}{100 \times 48} + \frac{20}{60}$

x=80 km.

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Filed Under: Time and Distance
Exam Prep: CAT
Job Role: Bank PO

12 8532

Q:

A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?

A) Rs.8000	B) Rs.6500
C) Rs.7500	D) Rs.5000

Answer & Explanation Answer: C) Rs.7500

Explanation:

$p = \frac{(d \times 100^{2})}{R^{2}}$

Where d is difference, r is rate of interest.

=> (48 x 100 x 100) / 8 x 8 = Rs.7500

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Filed Under: Simple Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

6 8505

Q:

$i f \log \frac{a}{b} + \log \frac{b}{a} = \log (a + b), t h e n$

A) a + b = 1	B) a - b = 1
C) a = b	D) ab=1

Answer & Explanation Answer: A) a + b = 1

Explanation:

$i f \log \frac{a}{b} + \log \frac{b}{a} = \log (a + b), t h e n$

$\log (a + b) = \log (\frac{a}{b} \times \frac{b}{a}) = \log 1$

so, a+b=1

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Filed Under: Logarithms
Exam Prep: Bank Exams
Job Role: Bank PO

40 8504

Q:

Hemavathi gets 3 marks for each right sum and loses 2 marks for each wrong sum. He attempts 35 sums and obtains 60 marks. The number of sums attempted correctly is ?

A) 23	B) 24
C) 25	D) 26

Answer & Explanation Answer: D) 26

Explanation:

Let, Hema attempted 'k' sum correctly, then

k x 3 -2 x(35-k) = 60
5k = 130
k = 26

so 26 correct sums.

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

9 8501

Q:

How important is positive attitude to you ?

Answer

With a positive attitude you see the bright side of life, become optimistic, and expect the best to happen. It is certainly a state of mind that is well worth developing. Not only it enriches one’s experience of life, but it also paves the way for self-development leading one towards attaining the desired results. As regards employment, it is a valuable thing to maintain positive attitude. Whether you are a manager or a subordinate, maintaining positive attitude in the work place brings lots of benefits while allowing you to fulfill your objectives successfully.
A positive frame of mind can help you in many ways, such as:
- Making you feel inspired.
- Identification.
- Believing in yourself and in your abilities.
- You look for solutions, instead of dwelling on problems.
- The most important thing is building relations.

Workspace

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Subject: Behavioral Interview Exam Prep: GRE , GATE , CAT , Bank Exams
Job Role: Project Manager , Bank PO , Bank Clerk , Analyst

52 8487

Q:

K and L start the business, with L investing the total capital of Rs. 40,000 on the condition that K pays L interest @ 8% per annum on his half of the capital. L is a working partner and receives Rs.1200 per month from the total profit and any profit reamaining is equally shared by both of them. At the end of the year, it was found that the income of L is twice that of K. Find the total profit for the year ?

A) Rs.44000	B) Rs.46400
C) Rs.480800	D) Rs.46000

Answer & Explanation Answer: B) Rs.46400

Explanation:

Interest received by L from K = 8% of half of Rs.40,000

$\Rightarrow \frac{8}{100} \times 20000 = 1600$

Amount received by L per annum for being a working partner = 1200 x 12 = Rs.14,400

Let 'A' be the part of remaing profit that 'L' receives as his share.

Total income of 'K' = only his share from the reamaing profit

= 'A', as both share equally.

Given income of L = Twice the income of K

--> (1600 + 14400 + A ) = 2A

--> A= Rs.16000

Thus total profit = 2A + Rs.14,400= 2(16000) + 14400

= 32000 +14400 = Rs.46,400.

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Filed Under: Partnership
Exam Prep: CAT
Job Role: Bank PO

13 8482

Q:

Curdling of milk is an example of

A) Inversion	B) Denaturation
C) Hydrolysis	D) Coagulation

Answer & Explanation Answer: D) Coagulation

Explanation:

Coagulation :: The action or process of a liquid, especially blood, changing to a solid or semi-solid state.

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

13 8477

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