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 6088
Q:

When 0.46 is written in simplest form, the sum of the numerator and the denominator is  ?

A) 69 B) 73
C) 96 D) 41
 
Answer & Explanation Answer: B) 73

Explanation:

0.46 = 46/100 = 23/50.

Sum of the numerator and denominator is 23 + 50 = 73

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

8 6086
Q:

Storage and memory differ with respect to which of the following characteristics?

A) Price B) Reliability
C) Speed D) All of these
 
Answer & Explanation Answer: D) All of these

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams
Job Role: Bank PO

10 6086
Q:

What goes up when rain comes down?

A) Air B) Heat
C) Umbrella D) None
 
Answer & Explanation Answer: C) Umbrella

Explanation:

Yes, when rain starts falling umbrella goes up for pretecting us from wetting.

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

7 6082
Q:

What is the remainder when 1523+2323 is divided by 19 ?

A) 4 B) 3
C) 1 D) 0
 
Answer & Explanation Answer: D) 0

Explanation:

1523+2323=19-423+19+423  

 The remainder on dividing by 19 will be -423+423= 0.

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

8 6081
Q:

In how many ways the letters of the word NUMERICAL can be arranged so that the consonants always occupy the even places ?

A) 5! B) 6!
C) 4! D) Can't determine
 
Answer & Explanation Answer: D) Can't determine

Explanation:

NUMERICAL has 9 positions in which 2, 4, 6, 8 are even positions.

And it contains 5 consonents i.e, N, M, R, C & L. Hence this cannot be done as 5 letters cannot be placed in 4 positions.

Therefore, Can't be determined.

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

6 6080
Q:

SQL views can be used to hide?

A) Complicated SQL syntax B) Rows
C) Columns D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

In SQL, a SQL view is a virtual table based on the result-set of an SQL statement. A view contains rows and columns, just like a real table.

 

SQL views can be used to hide rows and columns and complicated SQL syntax.

 

The fields in a view are fields from one or more real tables in the database.

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

3 6078
Q:

 A motorboat takes half time to cover a certain distance downstream than upstream. What is the ratio between rate of current and rate of boat in still water?

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

Explanation:

Let the speed of the boat in still water is 'w'

Speed of the current is 'c'

Let the distance between two places is 'd'

According to the question, motorboat takes half time to cover a certain distance downstream than upstream.

dw+c = 12dw-c

=> 2w - 2c = w + c

=> w = 3c

=> c : w = 1 : 3

 

Hence, the ratio between rate of current(c) and rate of boat in still water(w) = 1 : 3

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12 6074