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Bank PO Questions

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Q:

A bank offers 9% p.a. simple interest on an investment. At the end of 4 years the interest earned was $215. How much was invested?

A) 597.22 B) 345
C) 456 D) 378
 
Answer & Explanation Answer: A) 597.22

Explanation:

I = (p x r x t)/100

 

 

 

 

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Filed Under: Simple Interest
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Job Role: Bank PO

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Q:

Headquarters of Competition Commission of India (CCI) is in 

A) New Delhi B) Hyderabad
C) Bangalore D) Kolkata
 
Answer & Explanation Answer: A) New Delhi

Explanation:

Competition Commission of India (CCI) was established on 14th October 2003. It headquarters in New Delhi.

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

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Q:

Find the simple interest charged on borrowing $325 for 5 years at 3% p.a. (per annum or per year) interest.

A) 59 B) 46
C) 48.75 D) 34.75
 
Answer & Explanation Answer: C) 48.75

Explanation:

I= PTR100

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Filed Under: Simple Interest
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Q:

What state of matter is Jello?

A) Liquid B) Solid
C) Colloid D) Gas
 
Answer & Explanation Answer: C) Colloid

Explanation:

Jello is a colloid, a semi-rigid structure i.e, semi-solid suspended in a liquid. When you Heat it up a bit and you'll break the protein bonds of the gelatin and it will liquefy completely and if you freeze, it becomes solid.

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Filed Under: Chemistry
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Q:

What are the Multiples of 18?

A) 144 B) 72
C) 306 D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The Multiples of 18 are 18, 36, 54, 72, 90, 108, 126, ....

 

  • Multiples of 18 are nothing but numbers which are divisible by 18 leaving remainder 0.

 

  • An infinite number of multiples of 18 can be achieved by adding 18 to each subsequent multiple.
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Filed Under: Arithmetical Reasoning
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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:

The command center of fluid intake is located in the

A) Hypothalamus B) Adrenal glands
C) Kidneys D) None of the above
 
Answer & Explanation Answer: A) Hypothalamus

Explanation:

The command center of fluid intake is located in the Hypothalamus.

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Filed Under: Biology
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Q:

A colored ion generally indicates a

A) transition metal B) metalloid
C) large in size D) Both B & C
 
Answer & Explanation Answer: A) transition metal

Explanation:

A colored ion generally indicates a transition metal.

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Filed Under: Chemistry
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