Bank PO Questions


Q:

The probability that a number selected at random from the first 100 natural numbers is a composite number is  ?

A) 3/2 B) 2/3
C) 1/2 D) 34/7
 
Answer & Explanation Answer: A) 3/2

Explanation:

The number of exhaustive events = 100 C₁ = 100.

We have 25 primes from 1 to 100.

Number of favourable cases are 75.

Required probability = 75/50 = 3/2.

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Filed Under: Probability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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13 6957
Q:

Mr. X sold two properties P1 and P2 for Rs 1,00,000 each. He sold property P1 for 20% less than what he paid for it. What is the percentage of profit of property P2, so that he is not in gain or loss on the sale of two properties?

A) 33.33% B) 29.97%
C) 25% D) 22.22%
 
Answer & Explanation Answer: A) 33.33%

Explanation:

Let 'A' be the cost price of property P1.

Then from the given data, the selling price of P1 = Rs. 1,00,000

He got 20% loss on selling P1

A - 20A100 = 100000A = 1,25,000

Therefore, the amount he lossed on selling P1 = 25,000

As ge he got no loss or gain on sale of P1 and P2, the gain on selling P2 = 25,000

But the selling price of P2 = 1,00,000 => Cost price of P2 = 75,000

 

Hence, the profit percentage on P2 = GainCPx 100 = 2500075000x100 = 1003= 33.33%

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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

10 6956
Q:

How many meaningful English words can be formed with the letters A, L, W using each letter only once in each word  ?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:

Using the letters A, L, W

only one meaningful English word can be formed i.e, LAW

No other words can be formed.

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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

20 6953
Q:

The ratio of K’s and M’s ages is 4: 5. If the difference between the present age of M and the age of K, 5 years hence is 3 years, then what is the difference and total of present ages of K and M?

A) 8, 72 yrs B) 16, 65 yrs
C) 12, 84 yrs D) 10, 60 yrs
 
Answer & Explanation Answer: A) 8, 72 yrs

Explanation:

Let the present ages be K,M

Given K/M = 4/5

5K - 4M = 0 ......(1)

Also given that,

M - (K + 5) = 3

M - K = 8 .........(2)


Then, by solving (1) & (2)

M = 40 yrs and K = 32 yrs

Hence, Total of ages = 40 + 32 = 72 yrs

Difference of ages = 40 - 32 = 8 yrs.

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3 6951
Q:

The memory unit is one part of

A) Input Device B) Central Processing Unit
C) Control Unit D) Output device
 
Answer & Explanation Answer: B) Central Processing Unit

Explanation:

In a computer, memory is one part of Central processing unit i.e, CPU.

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14 6950
Q:

Find out the wrong term in the given series of numbers ?
6, 15, 35, 77, 165, 221

A) 35 B) 165
C) 221 D) 77
 
Answer & Explanation Answer: B) 165

Explanation:

The given series follow the rule that :

Multiplying consecutive prime numbers
2,3,5,7,11,13,17,19....
2x3 = 6
3x5 = 15
5x7 = 35
7x11 = 77
11x13 = 143
13x17 = 221
So, the wrong term is 165.

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Filed Under: Odd Man Out
Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

6 6949
Q:

A chartered bank offers a five-year Escalator Guaranteed Investment Certificate.In successive years it pays annual interest rates of 4%, 4.5%, 5%, 5.5%, and 6%, respectively, compounded at the end of each year. The bank also offers regular five-year GICs paying a fixed rate of 5% compounded annually. Calculate and compare the maturity values of $1000 invested in each type of GIC. (Note that 5% is the average of the five successive one-year rates paid on the Escalator GIC.)

A) 1276.28 B) 1234
C) 1278 D) 1256
 
Answer & Explanation Answer: A) 1276.28

Explanation:

FV = $1000(1.04)(1.045)(1.05)(1.055)(1.06) = $1276.14

 the maturity value of the regular GIC is

 

 FV = $ 1000 x 1.055=  $1276.28

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

4 6947
Q:

Which statement about interstate compacts is true?

A) States cannot form compacts with foreign states. B) They may involve no more than two states.
C) Congress generally must approve interstate compacts. D) Most are between the national government and foreign states.
 
Answer & Explanation Answer: C) Congress generally must approve interstate compacts.

Explanation:

Agreements made between two or more states are known as Interstate compacts. These may involve several states.

 

* Congress generally must approve interstate compacts.

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

1 6941