Bank PO Questions


Q:

Which of the following can increase your credit card's APR?

A) Missing a credit card payment. B) Paying off the full balance.
C) Cashing in on rewards points. D) Paying the minimum.
 
Answer & Explanation Answer: A) Missing a credit card payment.

Explanation:

Missing a credit card payment can increase your credit card's APR.

 

APR means Annual Percentage Rate.

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

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Q:

What fields did progressives aim to reform?

A) workplace conditions B) education
C) government D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank PO

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Q:

Capital budgeting is primarily concerned with

A) planning future financing needs B) minimizing the cost of capital
C) capital formation in the economy D) evaluating investment alternatives
 
Answer & Explanation Answer: D) evaluating investment alternatives

Explanation:

Capital budgeting is the process by which a company or an industry determines whether projects such as investing in R&D, opening a new branch, replacing a machine are worth pursuing. A project is worth pursuing if it increases the value of the company. Capital budgeting also known as investment appraisal. 

 

It is primarily concerned with evaluating investment alternatives.

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

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Q:

Which team won the 1st edition of Indian Premier League (IPL) in 2008 ?

A) Chennai Super Kings B) Kolkata Knight Riders
C) Rajasthan Royals D) Mumbai Indians
 
Answer & Explanation Answer: C) Rajasthan Royals

Explanation:

Rajasthan Royals won the 1st edition of Indian Premier League (IPL) in 2008.

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

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Q:

Which best describes the nucleus of an atom?

A) It is the densest part of the atom B) It has neutrons
C) It has protons D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

The nucleus of an atom is the densest part of an atom. It contains the protons and neutrons of an atom.

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

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Q:

Indian War of Independence 1857 was written by

A) V. D. Savarkar B) Lala Lajpat Rai
C) Mahatma Gandhi D) Jawaharlal Nehru
 
Answer & Explanation Answer: A) V. D. Savarkar

Explanation:

Indian War of Independence 1857 was written by Vinod Damodar Savarkar.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The 13th G20 Summit 2018 held in?

A) India B) Japan
C) Argentina D) None of the above
 
Answer & Explanation Answer: C) Argentina

Explanation:

The 13th G20Summit 2018 held in Argentina and next year 2019 14th G20 Summit will be hed in Osaka, Japan.

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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:

Both S.I. and C.I. is calculated with a similar rate of 10% per annum on a sum of rupees. If C.I. is calculated yearly for two years, then for what period must S.I. be evaluated such that S.I. = C.I.?

A) 4.2 years B) 2.1 years
C) 1.1 years D) 1.4 years
 
Answer & Explanation Answer: B) 2.1 years

Explanation:

Let time period of S.I. be T years.

Then for a principal amount, say P,

ATQ, as, S.I. = C.I. for rate =10%p.a. and

time for C.I. = 2(P x 10 x T)/100 = P{[ (100+10)/100 ]2-1}T/10 = [ 110/100 ]2–1 = [(11/10)2–1] = (121-100)/100T/10 = 21/100T = 21/10 = 2.1 years

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

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