Bank PO Questions


Q:

To buy goods on credit means to

A) promise to pay for goods later. B) pay only a discount price.
C) promise to pay only a sale price. D) pay cash for goods.
 
Answer & Explanation Answer: A) promise to pay for goods later.

Explanation:

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.

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

2 7905
Q:

The best colours for a sun umbrella will be

A) Black on top red on inside B) Red on top white on inside
C) White on top black on inside D) Black on top white on inside
 
Answer & Explanation Answer: C) White on top black on inside

Explanation:

the_best_colours_for_a_sun_umbrella_will_be1554287326.jpg image

The best colours for sun umbrella is black on inside and white on top of the umbrella. As black colour absorbs sun rays it should not be up side.

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

12 7904
Q:

Kalyan purchased a Maruti van for Rs. 1,96,000 and the rate of depreciation is 14(2/7) % per annum. Find the value of the van after two years ?

A) Rs. 1,24,000 B) Rs. 1,44,000
C) Rs. 1,32,000 D) Rs. 1,62,000
 
Answer & Explanation Answer: B) Rs. 1,44,000

Explanation:

Value of Maruti Van, V1 = Rs. 1,96,000
Rate of depreciation, r = 14(2/7)% = 100/7%; Time, t = 2 years
Let V2 is the value after depreciation.

V2 = V11 - r100t
V2 = 196001 - 10071002

V2 = 196000(6/7)(6/7)

V2 = (196000x36)/49 = Rs. 1,44,000.

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

4 7891
Q:

Group the given figures into three classes using each figure only once.

3_201484718690.png image

A) 1,3,5 ; 2,4,7 ; 6,8,9 B) 1,5,7 ; 2,3,6 ; 4,8,9
C) 1,3,5 ; 2,6,7 ; 4,8,9 D) 1,6,9 ; 2,4,7 ; 3,5,8
 
Answer & Explanation Answer: D) 1,6,9 ; 2,4,7 ; 3,5,8

Explanation:

1, 6, 9 are figures which are half shaded by slanting lines.
2, 4, 7 are all divided into equal parts (either three or four parts) by straight lines and also have a black circle at the centre.
3, 5, 8 have similar designs and have their four corners shaded black.

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Filed Under: Grouping of Images
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

26 7885
Q:

A person lends Rs. 1540 for five years and Rs. 1800 for four years. If he gets Rs. 1788 as interest on both amounts, what is the rate of interest ?

A) 14.5% B) 11%
C) 12% D) 10.5%
 
Answer & Explanation Answer: C) 12%

Explanation:

Let the interest rate be r%

We know that,

S.I = PTR/100

=> (1540 x 5 x r)/100  +  (1800 x 4 x r)/100 = 1788

=> r = 178800/14900 = 12%

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

20 7884
Q:

For purifying drinking water alum is used

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

Explanation:

In purifying drinking water alum is used for coagulation of mud particles.

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Subject: General Science
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO

7 7876
Q:

Which sample of matter is a mixture?

A) KBr (S) B) NaCl (L)
C) K (S) D) NaCl (Aq)
 
Answer & Explanation Answer: D) NaCl (Aq)

Explanation:

Mixtures are combination of two or more substances physically which can be separated in to the original.

Matter can be breakdown into two categories. 

1) Pure substances 

2) Mixtures

 

Here in the given options, options A, B, C are pure substances as they are indicated as S & L in brackets. Option D) is an aqueous solution, that can be dissolved in water.

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

7 7873
Q:

If everyone on the team is a veteran, what will you do to fit in ?

Answer

This answer shows steps of becoming a team member that doesn't appear to be in training. It is describing ways to limit training times in meetings, and include that a new worker could benefit an existing team by making a list of ideas.


Even if everyone is a veteran, I feel confident I can fit right in. I would prepare as much as I can by reading existing material to catch up on the project. I would plan for meetings by making a list of questions I have and finding the answers to these questions before the meeting. I would also create a list of ideas through the documents I have read. A fresh mind could help with creative solutions. I know that I would be required to study a lot in the beginning, but I would be able to do so at home or by working late in the office.

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13 7872