Bank PO Questions


Q:

In economics,"capital" refers to

A) mineral resources B) the money in one's pocket
C) consumer goods D) buildings and equipment
 
Answer & Explanation Answer: D) buildings and equipment

Explanation:

Capital refers to buildings and equipment i.e, goods which are used by workers to produce other goods such as machinery, land, ...

Capital has a number of related meanings in economics, finance, and accounting.

In economics, Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship.

In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business.

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

5 4216
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

2 4216
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 4212
Q:

Most foodborne illnesses are treatable.

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

Explanation:

Some common foodborne illness are like vomiting, diarrhea, fever, chills and abdominal pain. These all are acute i.e, they last for only some time and be cured without medication and some times by medication.

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Subject: Biology
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 4210
Q:

Ornate is the opposite of

A) Offensive B) Elegant
C) Fancy D) Lavish
 
Answer & Explanation Answer: A) Offensive

Explanation:

Ornate means which is beautiful, lavish one. Opposite of Ornate is ugly, offensive, dull or plain.

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

1 4209
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

6 4208
Q:

A woman suffered 20% loss on first investment and made 10% profit at second investment and 12 ½% profit on the third investment. If the invested amount be in the ratio of 4 : 5 : 3, find her profit percentage?

A) 0.625% B) 1.205%
C) 0.987% D) 0%
 
Answer & Explanation Answer: A) 0.625%

Explanation:

From the given data,

let the amounts invested be 4p, 5p and 3p

Net profit = Total profit - Total loss

= 10x5p/100 + 25x3p/200 - 20x4p/100

= 0.875p - 0.8p

= 0.075p

Therefore, profit% = (Net profit/Total investment) x 100

= 0.075 x 100/12 

= 0.0625%

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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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9 4206
Q:

A decision committee of 5 members is to be formed out of 4 Actors, 3 Directors and 2 Producers. In how many ways a committee of 2 Actors, 2 Directors and 1 Producer can be formed ?

A) 18 B) 24
C) 36 D) 32
 
Answer & Explanation Answer: C) 36

Explanation:

Required Number of ways = 4C2 × 3C2 × 2C1 = 36 = 36

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Filed Under: Permutations and Combinations
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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17 4206