Bank PO Questions


Q:

You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate

A) 6% B) 5%
C) 7% D) 8%
 
Answer & Explanation Answer: A) 6%

Explanation:

1. To find the interest, subtract the principal from the balance.

       $618 - $600 = $18

2.Use the simple interest formula and solve for r.

       I = Prt

      18= 600 x r x (1/2)

       r= 0.06 =6%

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

1 6266
Q:

The sum of three numbers is 98. If the ratio of the first to the second is 2:3. And that of the second to the third is 5:8, then the second number is:

A) 10 B) 15
C) 20 D) 30
 
Answer & Explanation Answer: D) 30

Explanation:

Let the three parts M, N, O.
Then, M:N = 2:3 and N:O = 5:8
= (5 x 3/5) : (8 x 3/5) = 3:24/5

M:N:O = 2:3:24/5

= 10:15:24 => N = 98 x 15/49 = 30.

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Filed Under: Ratios and Proportions
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

12 6264
Q:

Flower : Bud :: Plant : ?

A) Seed B) Leaf
C) Twig D) Root
 
Answer & Explanation Answer: A) Seed

Explanation:

A bud is an undeveloped or embryonic shoot and may be specialized to develop flowers. Similarly, Seed is undeveloped and may be developed into a plant.

 

Hence, Flower : Bud :: Plant : Seed.

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

4 6262
Q:

100 percent of which number is 20?

A) 100 B) 500
C) 20 D) 0
 
Answer & Explanation Answer: C) 20

Explanation:

Let the rquired number be 'P'

According to the question,

100 x P100 = 20=> P = 20 x 100100 = 20

Hence, 100 percent of the number 20 is 20.

 

Now, you can also try for

20 percent of what number is 100

20 x P100 = 100=> P = 100 x 10020 = 500=> P = 500

Hence, 20 percent of the number 500 is 100.

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

13 6262
Q:

If the average height of boys in a hall is 180 cm and that of girls is 150 cm. If the average height of the gathering is 165 cm, then find the number of girls present in the hall if the number of boys present in the hall are 78 ?

A) 56 B) 64
C) 87 D) 78
 
Answer & Explanation Answer: D) 78

Explanation:

Using Trial and error method,

we get the number of girls in the hall = 78

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

27 6255
Q:

Which Wins Patent for Flying Warehouse to Deliver Parcels via Drones ?

A) Flipkart B) Snapdeal
C) Amazon D) Paytm
 
Answer & Explanation Answer: C) Amazon

Explanation:

The U.S. e-commerce giant, Amazon has been awarded a patent for launching a giant flying warehouse that would acts as a launch pad for drones to deliver items within minutes.The patent reveals plans for setting up an “Airborne Fulfillment Center” (AFC) such as an Airship or Blimp, floating at an altitude of around 45,000 and stocked with lots of products especially in area where the demand for certain items is expected to be high. When a customer places an order, a drone or unmanned aerial vehicles (UAV) will fly down and deliver the package. The patent claims that this would require little or no power because the drone would be gliding down rather than having to take off and land.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

10 6255
Q:

Unlike Mitosis, Meiosis results in the formation of

A) 2N daughter cells B) Haploid cells
C) body cells D) Diploid cells
 
Answer & Explanation Answer: B) Haploid cells

Explanation:

Unlike Mitosis, Meiosis results in the formation of 4 Genetically different cells.

 

Meiosis results in the formation of 4 Haploid daughter cells from one Diploid parent cell.

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

6 6252
Q:

A six-digit number is formed by repeating a three-digit number; for example, 404404 or 415415 etc. Any number of this form is always exactly divisible by 

A) 101 B) 901
C) 1001 D) 789
 
Answer & Explanation Answer: C) 1001

Explanation:

Here by trial and error method, we can obseve that

404404 = 404 x 1001; 415415 = 415 x 1001, etc.

So, any number of this form is divisible by 1001.

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

7 6249