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Q:

In a family, there are six members A, B, C, D, E and F. 

A and B are a married couple, A being the male member. D is the only son of C, who is the brother of A. E is the sister of D. B is the daughter-in-law of F, whose husband has died. How is E related to C ? 

A) Sister B) Daughter
C) Cousin D) Mother
 
Answer & Explanation Answer: B) Daughter

Explanation:

A is a male and married to B. So, A is the husband and B is the wife. C is the brother of A. D is the son of C. E. who is the sister of D will be the daughter of C. B is the daughter-in-law of F whose husband has died means F is the mother of A. 

 

Clearly. E is the daughter of C. 

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Filed Under: Blood Relations

Q:

All the six members of a family A, B, C, D, E and F are travelling together. B is the son of C but C is not the mother of B. A and C are a married couple. E is the brother of C. D is the daughter of A. F is the brother of B.  Who is the wife of E ? 

A) A B) F
C) E D) Cant be determined
 
Answer & Explanation Answer: D) Cant be determined

Explanation:

B is the son of C but C is not the mother of B means C is the father of B A is married to C means A is the mother of B. 

F is brother of B means F is son of A and C. D is daughter of A means D is daughter of A and C

Clearly. from the data available. the wife of E cannot be determined. 

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Filed Under: Blood Relations

Q:

Other things being equal, would an investor prefer an interest rate of 10.5% compounded monthly or 11% compounded annually for a two-year investment?

A) 1232 B) 1243
C) 1254 D) 1262
 
Answer & Explanation Answer: A) 1232

Explanation:

i=j/m

 

FV=  PV(1+  i)^n 

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

Q:

Divide Rs. 1301 between A and B, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum.

A) Rs.625 B) Rs.626
C) Rs.286 D) Rs.627
 
Answer & Explanation Answer: A) Rs.625

Explanation:

Let the two parts be Rs. x and Rs. (1301 - x).

 x1+41007=1301-x1+41009

 x1301-x=1+41002=2625*2526

 

=> 625x=676(1301-x) 

1301x=676 x 1301x=676.
So,the parts are rs.676 and rs.(1301-676)i.e rs.676 and rs.625

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

Q:

Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.

A) 524.32 B) 624.32
C) 724.32 D) 824.32
 
Answer & Explanation Answer: D) 824.32

Explanation:

Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 4 half-years.
Amount == Rs. 10824.32.

 

 Rs.10000*1+21004=Rs.10000*5150*5150*5150*5150

 

 C.I. = Rs. (10824.32 - 10000) = Rs. 824.32.

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

Q:

Golf player Vijay Singh belongs to which country?

A) USA B) Fiji
C) India D) UK
 
Answer & Explanation Answer: B) Fiji

Explanation:

Golf player Vijay Singh is an Indo-Fijian belongs to Fiji. He was born in 1963, who was number 1 in the Official World Golf Ranking for 32 weeks in 2004 and 2005.

Golf_player_Vijay_Singh_belongs_to_which_country1542256229.jpg image

 

He was nicknamed as "The Big Fijian", has won three major Golf Championships. He has started his profession career from 1984.

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

Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:0.7

A) 9 B) 10
C) 11 D) 12
 
Answer & Explanation Answer: D) 12

Explanation:

i=j/m

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

Q:

Three unbiased coins are tossed.What is the probability of getting at least 2 heads?

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

Explanation:

Here S= {TTT, TTH, THT, HTT, THH, HTH, HHT, HHH}.

Let E = event of getting at least two heads = {THH, HTH, HHT, HHH}.

P(E) = n(E) / n(S)

      = 4/8= 1/2

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Filed Under: Probability