Bank PO Questions


Q:

A town having teenagers(boys & girls) of 5000 requires 150 litre of water per head. It has a tank measuring 20 m × 15 m × 5 m. The water of this tank will sufficient for ____ days.

A) 8 B) 6
C) 4 D) 2
 
Answer & Explanation Answer: D) 2

Explanation:

Total Water reqduired = 5000 × 150 lit = 750,000 litres = 750 cu.m.

 

Volume of tank = 20 × 15 × 5 = 1500 Cu.m.

 

Number of days required =1500/750 = 2 days.

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

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Q:

A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan is due in seven months

A) 15612.50 B) 14612.50
C) 13612.50 D) 17612.50
 
Answer & Explanation Answer: A) 15612.50

Explanation:

We have P = 15 000, r = 0.07 and since the actual date the loan was taken out
is not given, we use t =7/12

I = Prt=$15 000* 0.07* 7/12 = $612.50

Amount repaid = Future or accumulated value,

S = P + I = $15 000 + $612.50 = $15 612.50

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

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Q:

Which of the following is the basic characteristic of Oligopoly ?

A) a few sellers, many buyers B) many sellers, a few buyers
C) a few sellers, a few buyers D) a few sellers, one buyer
 
Answer & Explanation Answer: A) a few sellers, many buyers

Explanation:
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

13 4176
Q:

Q's mother is sister of P and daughter of M who is brother of R. S is daughter of P and sister of T. How is M related to T ?

A) Grand father B) Grand mother
C) Grand father or Grand mother D) Can't be determined
 
Answer & Explanation Answer: A) Grand father

Explanation:

Q's mother is sister of P and daughter of M => P is the child of M.
S is daughter of P and sister of T, so P is parent of T too.
M ----> parent --------> P ------------>parent -------------> T
But given M is brother of R => M is male.

So, M is grandfather of T.

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Filed Under: Blood Relations
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8 4176
Q:

If        9 = 63              8 = 48             7 = 35 

Then   4 = ?

A) 4 B) 8
C) 12 D) 16
 
Answer & Explanation Answer: B) 8

Explanation:

Here given that 9 = 63, 8 = 48, 7=35, ... 

 

The given question follows a pattern that

9 x (9 - 2) = 9 x 7 = 63

8 x (8 - 2) = 8 x 6 = 48

7 x (7 - 2) = 7 x 5 = 35

 

Similarly, 4 x (4 - 2) = 4 x 2 = 8.

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Q:

ETCS means

A) Electronic Tax Collected at Source B) Electric Tax Collected at Source
C) Enable Tax Collected at Source D) Electrical Tax Collected at Source
 
Answer & Explanation Answer: A) Electronic Tax Collected at Source

Explanation:

Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified.

E - TCS  is the process of filing TCS returns through electronic media. It is necessary for government and corporate collectors to file TCS returns in its electronic form. Collectors (other than government) have the provision to file TCS returns in physical form or electronic form.

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Filed Under: Accounts Receivable
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 4173
Q:

Which of the following elements is a metal?

A) Se B) I
C) Zn D) S
 
Answer & Explanation Answer: C) Zn

Explanation:

In chemistry, a metal is an element that readily forms positive ions (cations) and has metallic bonds. Metals are opaque, lustrous elements that are good conductors of heat and electricity. Most metals are malleable and ductile and are, in general, denser than the other elemental substances.

 

Examples of metals are aluminium, copper, iron, tin, gold, lead, silver, titanium, uranium, and zinc.

 

Here Se - Selenium is an element but is not a metal, S - Sulphur is not a metal and I - Iodine is also not a metal.

 

Hence, Zn - Zinc is the only metal in the given options.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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4 4172
Q:

Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of 2 years?

I. The rate of interest is 5 p.c.p.a.

II. Simple interest fetched on the same amount in one year is Rs. 600.

III. The amount borrowed is 10 times the simple interest in 2 years.

A) I only B) III only
C) I or II only D) .II and Either I or III only
 
Answer & Explanation Answer: D) .II and Either I or III only

Explanation:

 

 

I. gives, Rate = 5% p.a.

 

II. gives, S.I. for 1 year = Rs. 600.

 

III. gives, sum = 10 x (S.I. for 2 years).

 

Now I, and II give the sum.

 

For this sum, C.I. and hence amount can be obtained.

 

Thus, III is redundant.

 

Again, II gives S.I. for 2 years = Rs. (600 x 2) = Rs. 1200.

 

Now, from III, Sum = Rs. (10 x 1200) = Rs . 12000.

 

Thus, Rate =

 

100 x 1200

 

= 5% p.a.

 

2 x 12000

 

Thus, C.I. for 2 years and therefore, amount can be obtained.

 

Thus, I is redundant.

 

Hence, I or III redundant.

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