Bank PO Questions


Q:

A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?

A) Rs. 40,000 B) Rs. 45,000
C) Rs. 42,000 D) Rs. 46,000
 
Answer & Explanation Answer: A) Rs. 40,000

Explanation:

Let his present earnings be Rs. p

ATQ,

(125/100) x (96/100) x (125/100) x (96/100) x (125/100) x p = 72000

p = Rs. 40,000.

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

27 6283
Q:

The cost price of three varieties of mangoes namely M, N and O is Rs. 20/kg, Rs. 40/kg and Rs. 50/kg respectively. Find the selling price of one kg of mango in which these three varieties of mangoes are mixed in the ratio of 2 : 3 : 5 such that there is a net profit of 20%?

A) Rs. 47 B) Rs. 49.2
C) Rs. 48.5 D) Rs. 50.3
 
Answer & Explanation Answer: B) Rs. 49.2

Explanation:

Total cost of all varieties of mangoes = 20 x 2 + 40 x 3 + 50 x 5 = 40 + 120 + 250 = Rs. 410

Then, cost of 1 kg mangoes = 410/10 = Rs. 41

To get 20% profit,

The rate at which the mangoes should be sell = 120/100 x 41 = Rs. 49.2

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15 6280
Q:

Ajay and his wife Reshmi appear in an interview for two vaccancies in the same post. The Probability of Ajay's selection is 1/7 and that of his wife Reshmi's selection is 1/5. What is the probability that only one of them will be selected?

A) 5/7 B) 1/5
C) 2/7 D) 2/35
 
Answer & Explanation Answer: C) 2/7

Explanation:

P( only one of them will be selected) = p[(E and not F) or (F and not E)] 

 = PEFFE 

 

PEPF+PFPE

 

 =17×45+15×67=27

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

17 6274
Q:

Who has become the first full time woman Defence Minister of India ?

A) Sushma Swaraj B) Nirmala Sitharaman
C) Uma Bharathi D) Smriti Irani
 
Answer & Explanation Answer: B) Nirmala Sitharaman

Explanation:

Nirmala Sitharaman, who took oath as the new Cabinet member in september 2017 under Narendra Modi, has been given the Defence Ministry portfolio. Incidentally, she has become the first dedicated woman defence minister of India and only the second woman to hold the crucial ministry after Indira Gandhi. 

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
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26 6267
Q:

Which is the largest desert in Asia?

A) Kyzyl kum B) Thar
C) Karakum D) Gobi
 
Answer & Explanation Answer: D) Gobi

Explanation:

The largest desert in Asia is called the Gobi Desert. It covers an area of 500,000 square miles stretching from southern Mongolia to northern China.

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

6 6266
Q:

12 days payment to the servant in a cloth showroom in festival season is Rs. 400 plus one shirt. The servant leaves after 9 days and recieves Rs. 280 and a shirt. What is the price of the shirt ? 

A) Rs. 80 B) Rs. 120
C) Rs. 70 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 80

Explanation:

The servant worked for 9 days instead of 12 days, he should receive 9/12 of his total payment

Let the price of 1 shirt be Rs. S 

i.e., 3/4 (400 + S).

However, the question states that the servant receive Rs. 280 + S where S is the price of the shirt.

By equating the two equations we get 3/4 (400 + S) = 280 + S.

Therefore, Price of the shirt S = Rs. 80.

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

22 6263
Q:

Which country’s team has won the 2017 Asian Team Snooker Championship ?

A) Malaysia B) India
C) Japan D) Pakistan
 
Answer & Explanation Answer: B) India

Explanation:

India’s leading cueist Pankaj Advani teamed up with Laxman Rawat to demolish Pakistan in the final of the Asian Team Snooker Championship by 3-0 in Bishskek, Kyrgyszstan on July 5, 2017. With the title and the win in the final, Advani remained the only player not to lose a single individual match in the team event. This title brings up Advani’s second Asian title this season and 8th overall while it was a first major first international title for Rawat.

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Filed Under: Sports
Exam Prep: Bank Exams , CAT
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10 6260
Q:

GDP can be calculated by summing

A) Consumption, investment, government purchases, and net exports B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports D) Consumption, investment, wages, and rent
 
Answer & Explanation Answer: A) Consumption, investment, government purchases, and net exports

Explanation:

Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.

Simply, GDP is a broad measurement of a nation’s overall economic activity. 

It is calculated by summation of Consumption, investment, government purchases, and net exports.

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

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