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Q:

Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420 ?

A) Rs. 2000 B) Rs. 2100
C) Rs. 1900 D) Rs. 2150
 
Answer & Explanation Answer: A) Rs. 2000

Explanation:

Given,
Compound rate, R = 10% per annum
Time = 2 years
C.I = Rs. 420
Let P be the required principal.
A = (P+C.I)
Amount, A = P1 + r100n

(P+C.I) = P1 + 101002

(P+420) = P[11/10][11/10]

P-1.21P = -420

0.21P = 420

Hence, P = 420/0.21 = Rs. 2000

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Filed Under: Compound Interest
Exam Prep: GATE , CAT , Bank Exams , AIEEE
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Q:

_____ officially recognises Bitcoin as currency ?

A) South Korea B) China
C) Japan D) India
 
Answer & Explanation Answer: C) Japan

Explanation:
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Filed Under: General Awareness

Q:

When is 'World Autism Awareness Day' celebrated ?

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

Explanation:

The Qutub Minar in New Delhi was lit up in blue as part of World Autism Day on 2 April.

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Filed Under: Important Days and Years
Exam Prep: Bank Exams

Q:

The U-shaped skyscraper ‘The Big Bend’ will be build in which city ?

A) New York B) Florida
C) Texas D) California
 
Answer & Explanation Answer: A) New York

Explanation:

The design plans for the U-shaped skyscraper ‘The Big Bend’ in New York, hailed as the world’s longest building, have been revealed. The 4,000-foot long building will feature an elevator system that can travel in curves, horizontally and in loops.

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Which of he following Chief Minister has been selected for the award of ‘Transformative Chief Minister’ by The US India Business Council ?

A) N. Chandrababu Naidu B) Devendra Fadnavis
C) K. Chandra Shekar Rao D) Mamata Banerjee
 
Answer & Explanation Answer: A) N. Chandrababu Naidu

Explanation:

Chief Minister of Andhra Pradesh, N Chandrababu Naidu has been selected for another prestigious award. The US India Business Council has selected the CM for award of ‘Transformative Chief Minister’ and Naidu would be receiving coveted award at second annual West Coast summit which to be held in California on May 8, 2017.

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

P.V. Sindhu defeated which player in the finals to win her maiden India Open Super Series title on 2 April 2017 ?

A) Wang Yihan B) Greysia Polii
C) Sung Ji-Hyun D) Carolina Marin
 
Answer & Explanation Answer: D) Carolina Marin

Explanation:

India’s P.V. Sindhu avenged her Rio Olympic final defeat to Spain’s Carolina Marin in an emphatic style with a straight game 21-19, 21-16 win in the women’s singles final of India Open Super Series at a packed Siri Fort Sports Complex on 2 April 2017.

– It is worth mentioning that Sindhu had lost to Marin the Rio Olympic women’s singles final. But she avenged her Olympic final defeat to Marin in an imperious fashion with a straight game. This was Sindhu’s first India Open Super Series title.

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Filed Under: Sports
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

Q:

What is the name of the scheme for providing physical aids and assisted-living devices for senior citizens belonging to BPL category that was launched in Andhra Pradesh’s Nellore district on 1 April 2017? 

A) Sarkari Yojana B) Yantra Laxmi
C) Rashtriya Vayoshri Yojana D) Vayovrudh Yojana
 
Answer & Explanation Answer: C) Rashtriya Vayoshri Yojana

Explanation:

“Rashtriya Vayoshri Yojana” was launched by the Ministry for Social Justice and Empowerment on 1 April 2017 at Nellore (Andhra Pradesh). Under the scheme, physical aids and assisted-living devices for senior citizens were distributed to senior citizens belonging to below poverty line (BPL) category.

– The scheme has been implemented through the sole implementing agency – Artificial Limbs Manufacturing Corporation (ALIMCO), a public sector undertaking. The aids to be distributed under the “Rashtriya Vayoshri Yojana” scheme include walking sticks, elbow crutches, walkers, tripods / quadpods, hearing aids, artificial dentures and spectacles.

– The ambitious scheme, first of its kind in the country, is expected to benefit 5,20,000 Senior citizens over a period of the 3 years.

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

Q:

O and O' are the center of the two circles with radii 7cm and 9cm respectively. The distance between the centers is 20cm. If PQ be the transverse common tangent to the circles, which cuts OO' at X, what is the length of O'X in cm ?

A) 10 B) 6
C) 35/4 D) 45/4
 
Answer & Explanation Answer: D) 45/4

Explanation:

As clear from the figure itself, triangle OQX and triangle O'PX are similar.

So,

OQ/O'P = OX/O'X

=> OX = (7/9)xO'X

And since, OX + O'X = 20

=> (7/9)xO'X + O'X = 20

=> O'X = 45/4

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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO