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Q:

Which small finance Bank is included in the second schedule of the Reserve Bank of India Act, 1934 ?

A) Janalakshmi	B) Utkarsh
C) Suryoday	D) None

Answer & Explanation Answer: C) Suryoday

Explanation:

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

Which state government has launched 'People First' mobile application for grievance redressal ?

A) Uttar Pradesh	B) Maharashtra
C) Gujarat	D) Andhra Pradesh

Answer & Explanation Answer: D) Andhra Pradesh

Explanation:

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Filed Under: Indian Politics
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Q:

Detect an error part labelled (1), (2), (3) & (4) in the following question.

$\frac{w h o l e n o r t h e r n s t a t e s i n}{(1)} / \frac{i n d i a a r e r e e l i n g u n d e r t h e}{(2)} / \frac{d e v a s t a t i n g}{(3)} / \frac{o f t h e d r o u g h t}{(4)}$

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

Error is in the first part of the sentence. 'Whole' is used with singular nouns.
The correct sentence is - 'All Northern states in India are reeling under the devastating of the drought.

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Filed Under: Verification of Truth of the statement
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Q:

Navaneet has thrice the money Poonam has and Poonam has 25% more money than Hebah. If the average money of the three is Rs. 350, What is the amount that Navaneet has ?

A) Rs. 175	B) Rs. 220.75
C) Rs. 218.55	D) Rs. 656.25

Answer & Explanation Answer: D) Rs. 656.25

Explanation:

Assume Hebah has Rs. M

Since 25% more money at Poonam

=> Money at Poonam = M + (25% of M)

=> Money at Poonam = M + 0.25M = Rs. 1.25M

Money with Navaneet is thrice the money with Poonam,

=> Money at Navaneet = 3(1.25M) = Rs. 3.75M

Now, sum of all Money = (M + 1.25M + 3.75M) = Rs. 6M

But given the average of the money is Rs. 350

=> 6M/3 = 350

=> 2M = 350

=> M = 350/2 = Rs. 175

=> Amount of money Navaneet has = Rs. 3.75M = 3.75 x 175 = Rs. 656.25.

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Filed Under: Average
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Q:

88%of 370 +24% of 210-x =118 find x

Answer

From the given equation,

88x370/100 + 24x210/100 - 118 = x

=> x = 325.6 + 50.4 - 118

x = 258.

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Subject: Database Exam Prep: CAT , Bank Exams , AIEEE
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Q:

Indians who have been featured on Forbe's list of the 100 Greatest Living Business Minds ?

A) Ratan Tata	B) Lakshmi Mittal
C) Vinod Khosla	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Three Indians – Ratan Tata, Lakshmi Mittal and Vinod Khosla have been featured on Forbe's list of the 100 Greatest Living Business Minds.

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Filed Under: Famous Personalities
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Q:

In an exhibition, Almond bought a painting for Rs. 20000. He later sold it to Olive for Rs. 23000. Olive sold it to Sarah for double the profit percentage that Almond earned. At what price should Sarah sell this painting to earn 8% profit ?

A) Rs. 34,410	B) Rs. 31,184
C) Rs. 29,999	D) Rs. 32,292

Answer & Explanation Answer: D) Rs. 32,292

Explanation:

Almond Selling price = CP(1 + P%/100)

=> CP = 20000, SP = 23000

=> 23000 = 20000 (1 + P/100)

=> P% = 100(23000/20000 - 1) = 15

Then, Olive's P% = 30%

SP for Olive = CP for Sarah = 23000(1 + 30/100) = 29900

Now Sarah wants to earn profit of 8%

=> Sp for Sarah = 29900(1 + 8/100)

= Rs. 32,292.

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Filed Under: Profit and Loss
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Q:

A, B and C started a business where their initial capital was in the ratio of 2:3:4. At the end of 6 months, A invested an amount such that his total capital became equal to C's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit ?

A) Rs. 8,640	B) Rs. 9,850
C) Rs. 10,000	D) Rs. 11,220

Answer & Explanation Answer: C) Rs. 10,000

Explanation:

Ratio of investments of A, B & C = 2×6+4×6 : 3×12 : 4×12

= 36 : 36 : 48

= 6 : 6 : 8

But given that the annual profit of B is Rs. 3000

=> 6 ratio = 3000

Then for the total annual profit of partners is

20 ratio = 3000 x 20/6 = 10,000.

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Filed Under: Partnership
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