Bank PO Questions and Answers with Explanation, Job Roles

Q:

Statement :

The 'X' state government has chalked out a plan for the underdeveloped 'Y' district where 80% of the funds will be placed in the hands of a committee of local representatives.

Courses of action :

I. The 'X' state government should decide guidelines and norms for the functioning of the committee.

II. Other state government may follow similar plan if directed by the Central government.

A) If only II follows	B) If only I follows
C) If either I or II follows	D) If neither I nor II follows

Answer & Explanation Answer: B) If only I follows

Explanation:

Once it is decided to place funds in the hands of the committee of local representatives, it is necessary to decide guidelines and norms for the functioning of the committee. Hence I follows. II is not related to the statement.

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Filed Under: Statement and Courses of Action
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Bank Clerk , Bank PO

5 11145

Q:

Exercise is to Gym as Eating is to

A) Dieting	B) Fitness
C) Restaurent	D) Food

Answer & Explanation Answer: C) Restaurent

Explanation:

The given words are related in such a manner that, for exercise we go to gym. Simmilarly, for eating we go to restaurent.

Hence, Exercise : Gym :: Eating : Restaurent.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration

9 11143

Q:

An error of 2% in excess is made while measuring the side of a square. The percentage of error in the calculated area of the square is

A) 4.04%	B) 5.04%
C) 6.04%	D) 7.04%

Answer & Explanation Answer: A) 4.04%

Explanation:

100 cm is read as 102 cm

a = 100 x 100 sq.cm and b = 102 x 102 sq.cm

then, Increase in area = [ (102 x 102) - (100 x 100) ] sq.cm

percentage error = $\frac{404}{100 * 100} * 100$ = 4.04%

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

3 11143

Q:

What is the sum which earned interest?
I. The total simple interest was Rs. 7000 after 7 years.
II. The total of sum and simple interest was double of the sum after 5 years.

A) I alone sufficient while II alone not sufficient to answer	B) II alone sufficient while I alone not sufficient to answer
C) Either I or II alone sufficient to answer	D) Both I and II are necessary to answer

Answer & Explanation Answer: D) Both I and II are necessary to answer

Explanation:

Let the sum be Rs. x.

I gives, S.I. = Rs. 7000 and T = 7 years.

II gives, Sum + S.I. for 5 years = 2 x Sum Sum = S.I. for 5 years.

Now, S.I. for 7 years = Rs. 7000.

therefore, S.I. for 1 year = Rs. 1000.

Thus, I and II both are needed to get the answer.

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

3 11126

Q:

Solve 30 + (.0825 x 30) + (15% x 30)

A) 24.750	B) 36.975
C) 34.652	D) 26.354

Answer & Explanation Answer: B) 36.975

Explanation:

30 + (.0825 x 30) + (15% x 30)

Now

=> 0.0825 x 30 = 2.475 -----(1)

=> 15% of 30 = 450/100 = 4.5 -----(2)

Hence, from (1) & (2)

30 + (.0825 x 30) + (15% x 30)

= 30 + 2.475 + 4.5

30 + (.0825 x 30) + (15% x 30) = 36.975.

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

19 11123

Q:

Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of Interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

A) 3.6	B) 6
C) 18	D) cannot be determined

Answer & Explanation Answer: B) 6

Explanation:

Let rate = R% and time = R years.

Then, $(\frac{1200 \times R \times R}{100}) = 432$

$12 R^{2} = 432$

=> R = 6.

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

6 11108

Q:

If a solid sphere of radius 10 cms is moulded into 8 spherical solid balls of equal radius, then surface area of each ball (in sq.cm) is ?

A) 100 π	B) 101/π
C) 99 π/12	D) 54/13π

Answer & Explanation Answer: A) 100 π

Explanation:

4/3 π x 10 x 10 x 10 = 8 x 4/3 π x r x r x r
r = 5
4π x 5 x 5 = 100π

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Filed Under: Volume and Surface Area
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

17 11104

Q:

The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price?

A) Rs. 380	B) Rs. 420
C) Rs. 460	D) Rs. 440

Answer & Explanation Answer: B) Rs. 420

Explanation:

As given in the question, Marked price is 25% more than the Cost price.

=> C.P of the article = $\frac{3}{4} x 400 = 300$

Now,

Let the original S.P of the article be Rs. P

Now the new S.P = P + $\frac{(16.666 + 13.333)}{300} x P$

=> S.P = $\frac{7 P}{6}$

According to the question,

$\frac{7 P}{6} - 300 = 2 (P - 300)$

=> 5P = 1800

=> P = Rs. 360

Hence, the increased S.P = 360 x 7/6 = Rs. 420.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

11 11102

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