Bank PO Questions


Q:

A loan is made for $4800 with an APR of 12% and payments made monthly for 24 months. What is the payment amount? What is the finance charge?

A) 622.80 B) 522.80
C) 322.80 D) 632.80
 
Answer & Explanation Answer: A) 622.80

Explanation:

{\color{Blue} A=R\left [(1+i)^{n-1} \right ]/i ( 1+i )^{n}}

 

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

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Q:

If 78K928L is divisible by 6, then which of the following can Q and R take ?

A) K=2 & L=3 B) K=1 & L=4
C) K=1 & L=2 D) K=3 & L=3
 
Answer & Explanation Answer: B) K=1 & L=4

Explanation:

As per divisibility rule a number is divisible by 6 means it should be divisible by 2 and 3

case 1 : the divisibility rule for 2 is the number should be end with even number
in this case R =2 & R=4


case 2 : The divisibility rule for 3 is the sum of numbers should be divisible by 3
so if we take option (2) Q=1 & R=4 the sum is 39
if we take option (3) Q=1 & R=2 the sum is 37

So Option (2) is correct 39 is divided by 3

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

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Q:

Many times we see a term in newspapers 'IPO'. What is the full form of the Same?

A) Indian Public Offer B) Institutional Purchase Offer
C) Industrial Purchase Offer D) Initial Public Offer
 
Answer & Explanation Answer: D) Initial Public Offer

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Main memory works in conjunction with

A) CPU B) Intel
C) RAM D) Special function cards
 
Answer & Explanation Answer: A) CPU

Explanation:

Main memory works in conjunction with CPU.

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

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Q:

Modem is used mostly for ?

A) A modern empty memory modules B) Connecting to internet
C) Mostly for file system D) All the above
 
Answer & Explanation Answer: B) Connecting to internet

Explanation:

A modem is nothing but short for Modulator and Demodulator. It is used mostly for connecting to the internet.

A modem is a device or program that enables a computer to transmit data over, for example, telephone or cable lines. Computer information is stored digitally, whereas information transmitted over telephone lines is transmitted in the form of analog waves.

 

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

A cavern is an underground chamber formed by

A) Erosion B) Runoff
C) Deposition D) Evaporation
 
Answer & Explanation Answer: A) Erosion

Explanation:

Caverns are openings in the ground. Some famous caverns in the United States are Mammoth Cave, Carlsbad Caverns, Wind Cave, and Luray Caverns.

 

When rainwater trickles down through the soil, it carries carbon dioxide from the air with it. This turns acidic as it moves through the soil, joining with carbon from decaying plants. This acidic rainwater then eats away at, or erodes, the rock under the ground, forming a cave or cavern. For this process to occur, the rock must be the right type; limestone, dolomite, and gypsum are common.

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

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Q:

Which Bank has become the first bank in India to launch DigiPOS, a Point of Sale (POS) machine ?

A) Yes Bank B) HDFC Bank
C) ICICI Bank D) SBI
 
Answer & Explanation Answer: B) HDFC Bank

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Words that sound the same but are spelled different

words_that_sound_the_same_but_are_spelled_different1540289338.jpg image

A) Homonyms B) Homographs
C) Heteronyms D) Homophones
 
Answer & Explanation Answer: D) Homophones

Explanation:

Words that sound the same but are spelled different are called homophones. Homophones are a type of homonyms.

Some of the Examples of homophones are ::

One - Won

Son - Sun

Hole - Whole

Loan - Lone

Steal - Steel

Which - Witch

What - Watt

Sea - See

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

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