Bank PO Questions


Q:

The total simple interest earned on a sum of money increases by Rs. 600 when the rate of interest increases by 2% per annum. If the investment was made for 5 years, find the sum of money that was invested ?

A) Rs. 6000 B) Rs. 5550
C) Rs. 7500 D) Rs. 6580
 
Answer & Explanation Answer: A) Rs. 6000

Explanation:

Let the sum invested be Rs. P

Let the rate of interest be R% per annum

=> Interest earned for 5 years = (P x 5 x R/100) = PR/20

Now, given that the interest earned increased by Rs. 600 if the Rate increased to (R+2)%

=> SI = (P x 5 x (R+2))/100 = PR/20 + 10P/100

Hence,

PR/20 + 10P/100 = PR/20 + 600

=> P = 6000

Therefore, the sum invested is Rs. 6000

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

13 6078
Q:

In a 100 litre of mixture the ratio of milk and water is 6:4. How much milk must be added to the mixture in order to make the ratio 3 : 1?

A) 85 B) 60
C) 55 D) 45
 
Answer & Explanation Answer: B) 60

Explanation:

Let M litres milk be added


=> 60 + M40 = 31


=> 60 + M = 120


=> M = 60 lit.

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

15 6076
Q:

Carbon monoxide is a common atmospheric pollutant.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

Carbon monoxide is one of the major pollutant present in the world. The six most common pollutants include ozone, carbon monoxide, sulfur dioxide, lead, nitrogen oxides, and particulate matter.


 


Carbon monoxide is a common atmospheric pollutant. It is produced largely in combustion processes like in industries and in vehicles. It is a gas that cannot be seen nor smelled.

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Subject: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

1 6072
Q:

Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

A) Rs.512 B) Rs.515
C) Rs.612 D) Rs.522
 
Answer & Explanation Answer: C) Rs.612

Explanation:

Amount

= Rs[7500x(1+4/100)²]

=Rs.(7500 * 26/25 * 26/25)

=Rs.8112

 

 C.I

= Rs(8112 - 7500)

=Rs.612

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

3 6072
Q:

The act of violating the sanctity of the church is called Sacrilege.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

The act of violating or misuse of what is regarded as sacred i.e, like the sanctity of the church is called Sacrilege.

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Subject: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

9 6069
Q:

If a student walks at the rate of 4 mts/min from his home, he is 4 minutes late for school, if he walks at the rate of 6 mts/min he reaches half an hour earlier. How far is his school from his home ?

A) 100 mts B) 96 mts
C) 98 mts D) 120 mts
 
Answer & Explanation Answer: C) 98 mts

Explanation:

Let the distance between home and school is 'x'.
Let actual time to reach be 't'.
Thus, x/4 = t + 4 ---- (1)
and x/6 = t - 30 -----(2)
Solving equation (1) and (2)
=> x = 98 mts.

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

7 6067
Q:

Who got the ‘Transformative Chief Minister Award’ in USIBC in 2017 ?

A) Mr. Vijay Singh B) Mr. Suresh Babu
C) Mr.Chandrababu Naidu D) Mr. Achuathanan
 
Answer & Explanation Answer: C) Mr.Chandrababu Naidu

Explanation:
Andhra Pradesh Chief Minister Chandrababu Naidu has been selected for the  'Transformative Chief Minister Award 2017' in recognition for his role in advancing the US-India partnership at the state level.
 
ii. The award by the US-India Business Council (USIBC) would be presented to Mr. Naidu during the USIBC West Coast Summit in Bengaluru (the Silicon Valley) on May 8.
 
 
iii. Last year’s recipient of this award was Amitabh Kant, CEO of Niti Aayog.

 

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Filed Under: Famous Personalities
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank PO

5 6062
Q:

The Manager of a company accepts only one employees leave request for a particular day. If five employees namely Roshan, Mahesh, Sripad, Laxmipriya and Shreyan applied for the leave on the occasion of Diwali. What is the probability that Laxmi priya’s leave request will be approved ?

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

Explanation:

Number of applicants = 5
On a day, only 1 leave is approved.
Now favourable events =  1 of 5 applicants is approved
Probability that Laxmi priya's leave is granted = 1/5.

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

6 6059