Bank PO Questions


Q:

Which payment method typically charges the highest interest rates?

A) Credit cards B) Payday loans
C) Cashier's checks D) Pre-paid cards
 
Answer & Explanation Answer: B) Payday loans

Explanation:

Both Credit cards and Payday loans payment methods typically charges the highest interest rates. When compared Payday loans seems to charge a little bit higher interest rates than Credit Cards interest rates.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
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Q:

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is  ?

A) 3 years B) 4 years
C) 2.5 years D) 2 years
 
Answer & Explanation Answer: B) 4 years

Explanation:

P1+20100n > 2P 

 

 

 

Now, (6/5 x 6/5 x 6/5 x 6/5) > 2.

 

 

 

So, n = 4 years.

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Filed Under: Compound Interest
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Q:

Amarbel is an example of

A) parasite B) host
C) autotroph D) saprotroph
 
Answer & Explanation Answer: A) parasite

Explanation:

Amarbel is an example of parasite.

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Filed Under: Biology
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8 5843
Q:

Which of the following is not a plantation crop?

A) rubber B) coffee
C) gram D) coconut
 
Answer & Explanation Answer: C) gram

Explanation:

Gram is not a Plantation crop among the given options.

 

Plantation crops are known as cash crops. These crops are mostly grown at tropical and subtropical areas. These crops are grown for sale but not for local consumption. such crops include rubber, coffee, tea, various oil seeds, sugar cane,etc.

So, Gram is not a plantation crop.

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Filed Under: Indian Geography
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8 5841
Q:

The Salal project is on the river

A) Ravi B) Sutlej
C) Ganges D) Chenab
 
Answer & Explanation Answer: D) Chenab

Explanation:

The_Salal_project_is_on_the_river1561015286.jpg image

The Salal project or Dam also known as Salal Hydroelectric Power Station, is a run-of-the-river power project on the Chenab River in the Reasi district of the Indian state of Jammu and Kashmir.

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Filed Under: Indian Geography
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Q:

A $1000 face value Series S50 compound interest Canada Savings Bond (CSB) was presented to a credit union branch for redemption.What amount did the owner receive if the redemption was requested on:January 17, 2001?

A) 1206 B) 1306
C) 1406 D) 1506
 
Answer & Explanation Answer: B) 1306

Explanation:

I  = ptr

Therefore, the total amount the owner received on January 17, 2001 was

$1295.57 + $10.47 = $1306.04

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Filed Under: Compound Interest
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Q:

Rate of doing work is called

A) Capacity B) Energy
C) Power D) Current
 
Answer & Explanation Answer: C) Power

Explanation:

The Rate of doing work or rate of transfer of energy is called Power.

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Filed Under: Physics
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6 5839
Q:

Who is known as the father of Indian Economics?

A) Gopal Krishna Gokhale B) Bal Gangadhar Tilak
C) Adam Smith D) M G Ranade
 
Answer & Explanation Answer: C) Adam Smith

Explanation:

Mahadev Govind Ranade is known as the father of Indian Economics. M G Ranade advocated social reforms such as widow re-marriage, liberation of women & emancipation of the oppressed classes.

He was Known to be the mentor & political guru of Gopal Krishna Gokhale & Bal Gangadhar Tilak.

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Filed Under: Indian Economy
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