Bank PO Questions


Q:

Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

A) Rs.1550 B) Rs.1650
C) Rs,1750 D) Rs.1850
 
Answer & Explanation Answer: C) Rs,1750

Explanation:

C.I.= Rs.[4000*(1+10/100)^2-4000]

 =Rs.840

sum=Rs.(420 * 100)/3*8=Rs.1750

 

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

23 15297
Q:

Commercial banks are funded through which of the following?

A) Customer deposits B) Services
C) Stock holders D) Government funding
 
Answer & Explanation Answer: A) Customer deposits

Explanation:

A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.

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

5 15285
Q:

Two concentric circles form a ring. The inner and outer circumference of the ring are 352/7 m and 528/7m respectively.Find the width of the ring.

A) 5 B) 4
C) 3 D) 2
 
Answer & Explanation Answer: B) 4

Explanation:

let the inner and outer radii be r and R meters
then, 2πr = 352/7

 

=> r = (352/7) * (7/22) * (1/2) = 8m
2πR = 528/7

 

=> R= (528/7) * (7/22) * (1/2)= 12m
width of the ring = R-r = 12-8 = 4m

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

5 15275
Q:

By default, a real number is treated as a

A) Integer B) Float
C) Double D) Long double
 
Answer & Explanation Answer: B) Float

Explanation:

By default, a real number is treated as a float variable.

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

29 15248
Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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

7 15213
Q:

Some children goto ice-cream shop. 9 flavours are available there. Each child takes a cone with two different flavours. No two children take same combination and they have taken all such possible combinations. How many children went to ice cream shop ?

A) 28 B) 56
C) 44 D) 36
 
Answer & Explanation Answer: D) 36

Explanation:

Given there are 9 flavours of ice creams.

 

Each child takes the combination of two flavours and no two children will have the same combination

 

This can be done by  ways i.e children.

 

Number of children=C29  = 9 x 8 / 1x 2 = 36.

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

4 15208
Q:

The altitude drawn to the base of an isosceles triangle is 8 cm and the perimeter is 32 cm. Find the area of the triangle.

A) 24 B) 48
C) 60 D) 72
 
Answer & Explanation Answer: B) 48

Explanation:

Let ABC be the isosceles triangle and AD be the altitude 

Let AB = AC = x. Then, BC = (32 - 2x). 

Since, in an isosceles triangle, the altitude bisects the base,
so BD = DC = (16 - x).
In triangle ADC,AC2=AD2+DC2 

x2=82+16-x2x=10 

BC = (32- 2x) = (32 - 20) cm = 12 cm. 

Hence, required area =  12*BC*AD=12*12*8=48cm2

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

11 15157
Q:

Which of the following is not a function of a Warehouse?

A) Ensuring Profit B) Stabilisation in price
C) Risk-bearing D) Storage
 
Answer & Explanation Answer: A) Ensuring Profit

Explanation:
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