Bank PO Questions


Q:

A loan shark made a loan of $100 to be repaid with $120 at the end of one month. What was the annual interest rate?

A) 210% B) 220%
C) 230% D) 240%
 
Answer & Explanation Answer: D) 240%

Explanation:

r=I/PT

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

5 10088
Q:

Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420 ?

A) Rs. 2000 B) Rs. 2100
C) Rs. 1900 D) Rs. 2150
 
Answer & Explanation Answer: A) Rs. 2000

Explanation:

Given,
Compound rate, R = 10% per annum
Time = 2 years
C.I = Rs. 420
Let P be the required principal.
A = (P+C.I)
Amount, A = P1 + r100n

(P+C.I) = P1 + 101002

(P+420) = P[11/10][11/10]

P-1.21P = -420

0.21P = 420

Hence, P = 420/0.21 = Rs. 2000

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Filed Under: Compound Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

7 10086
Q:

Dhanraj Pillay is related to which sports ?

A) Cricket B) Hockey
C) Golf D) Football
 
Answer & Explanation Answer: B) Hockey

Explanation:

Dhanraj Pillay is a retired Indian field hockey player and former captain of the Indian national team.He currently serves as the manager of the team.

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

18 10082
Q:

The headquarters of the coffee board of India is

A) Bangalore B) Mysore
C) Chennai D) Hyderabad
 
Answer & Explanation Answer: A) Bangalore

Explanation:

The Coffee Board of India is an organisation managed by the Ministry of Commerce and Industry of the government of India to promote coffee production in India. The headquarters of the coffee board of India is located in Bangalore, Karnataka.

 

The Coffee Board of India was established by an act of Parliament in 1942.

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

7 10076
Q:

How many zeros are there from 1 to 10000 ?

A) 2893 B) 4528
C) 6587 D) 4875
 
Answer & Explanation Answer: A) 2893

Explanation:

For solving this problem first we would break the whole range in 5 sections


1) From 1 to 9
Total number of zero in this range = 0


2) From 10 to 99
Total possibilities = 9*1 = 9 ( here 9 is used for the possibilities of a non zero integer)


3) From 100 to 999 - three type of numbers are there in this range
a) x00 b) x0x c) xx0 (here x represents a non zero number)
Total possibilities
for x00 = 9*1*1 = 9, hence total zeros = 9*2 = 18
for x0x = 9*1*9 = 81, hence total zeros = 81
similarly for xx0 = 81
total zeros in three digit numbers = 18 + 81 +81 = 180


4) From 1000 to 9999 - seven type of numbers are there in this range
a)x000 b)xx00 c)x0x0 d)x00x e)xxx0 f)xx0x g)x0xx
Total possibilities
for x000 = 9*1*1*1 = 9, hence total zeros = 9*3 = 27
for xx00 = 9*9*1*1 = 81, hence total zeros = 81*2 = 162
for x0x0 = 9*1*9*1 = 81, hence total zeros = 81*2 = 162
for x00x = 9*1*1*9 = 81, hence total zeros = 81*2 = 162
for xxx0 = 9*9*9*1 = 729, hence total zeros = 729*1 = 729
for xx0x = 9*9*1*9 = 729, hence total zeros = 729*1 = 729
for x0xx = 9*1*9*9 = 729, hence total zeros = 729*1 = 729
total zeros in four digit numbers = 27 + 3*162 + 3*729 = 2700
thus total zeros will be 0+9+180+2700+4 (last 4 is for 4 zeros of 10000)
= 2893

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Filed Under: Numbers
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

8 10074
Q:

What is the antonym of "Censure" ?

A) commend B) augment
C) enthral D) reform
 
Answer & Explanation Answer: C) enthral

Explanation:

"Censure" means expressing formal disapproval. "Enthral" means spellbound or enchant, which is farthest in meaning to the given word.

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Filed Under: Analogy
Exam Prep: CAT
Job Role: Bank PO

25 10072
Q:

Excretion is best described as the removal of

A) Undigested material from the digestive tract B) Metabolic wastes from a cell
C) Toxic wastes by the process of cyclosis D) Water molecules from dipeptide hydrolysis
 
Answer & Explanation Answer: B) Metabolic wastes from a cell

Explanation:

Excretion is best described as the removal of Metabolic wastes from a cell.

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

21 10065
Q:

If 35% of a number is 24 less than 50% of that number, then the number is ?

A) 80 B) 160
C) 100 D) 120
 
Answer & Explanation Answer: B) 160

Explanation:

Let the number be n. Then,

50% of n - 35% of n = 24

50/100 n - 35/100 n = 24

n = (24 x 100)/15 = 160.

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

8 10062