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Q:

 Which organisation is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottomup approach? 

A) RBI B) IRDAI
C) NITI Aayog  D) Planning Commission 
 
Answer & Explanation Answer: C) NITI Aayog 

Explanation:

The NITI Aayog (Hindi for Policy Commission), also National Institution for Transforming India, is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT

Q:

There is a square field of area ‘X’ square meters. A cylindrical ditch of radius 7 meters and depth 2 meters is dug, and the earth is taken out and spread over the remaining part of the square field, the height of square field which goes up by 0.77 meters. What is the value of ‘X’ ? 

A) 548 sq. m B) 524 sq. m
C) 518 sq. m D) 554 sq. m
 
Answer & Explanation Answer: D) 554 sq. m

Explanation:

Volume of the cylindrical ditch = πrxrh = 22/7 ×7×7×2 = 308 sq.m

Area of remaining field = (X −πrxr) sq.m

= (X − 154)

ATQ –

(X – 154) ×0.77 = 308

(X – 154) = 400

X= 554 sq.m

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Filed Under: Area
Exam Prep: AIEEE , Bank Exams

Q:

A man invested an amount at the rate of 10% p.a. on compound interest and after two years he again invested half of the initial amount. If man got Rs. 457.2 Rs. as interest after three years, find the amount received by man after three years, if he invested same amount on simple interest at rate of 15% p.a.? 

A)  1740 Rs.  B)  1760 Rs. 
C)  1720 Rs.  D)  1780 Rs. 
 
Answer & Explanation Answer: A)  1740 Rs. 

Explanation:

Let man invested Rs. A And, after two years amount invested = (A +

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT

Q:

 A and B entered in a business by making investment of Rs. 4000 & Rs. 5500 respectively. After six months A & B withdrew Rs. 1000 and Rs. 1500 respectively and C joined them with capital of Rs. 4x. If after one year and three months C received Rs. 2250 as profit share out of total profit of Rs. 12250, then find investment of C? 

A)  Rs. 3600  B)  Rs. 3200 
C)  Rs. 4400  D)  Rs. 3000 
 
Answer & Explanation Answer: D)  Rs. 3000 

Explanation:

 Investment ratio of A, B & C = (4000 ×6+3000×9):(5500 ×6+4000×9):4

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT

Q:

Train A can cross a man in 8 sec and a 180 m long platform ‘P’ in 17 sec. If train A cross train B which is running in opposite direction at speed of 108 km/hr in 8 sec, then find time taken by train B to cross platform P? 

A) 16 sec B) 11 sec
C) 14 sec D) 12 sec
 
Answer & Explanation Answer: C) 14 sec

Explanation:

Let length of train A be ‘L’ m and speed be ‘V’ m/s

ATQ –

V =

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Filed Under: Problems on Trains
Exam Prep: AIEEE , Bank Exams , CAT

Q:

‘X’ is a bread seller who marked up price of each bread packet by 150% above and allow discounts of 40% and made a profit of Rs. 30 on each bread packet. If ‘X’ allows 37.5% discount on each packet, then find how much profit he gets on selling 80 bread packets?

A)  Rs 2750  B)  Rs 3200 
C)  Rs 2500  D)  Rs 2700 
 
Answer & Explanation Answer: D)  Rs 2700 

Explanation:

Let cost price of each bread packet = a Rs.

So, marked price of each bread packet = 2.5a

And selling price of each bread packet = 2.5a × 60/100 = 1.5a

Given, 1.5a –

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT

Q:

Rithika had Rs 8000. She invested some of it in savings scheme P and the rest of the money in savings scheme Q. She invested for 3 years in savings scheme P and for 2 years in savings scheme Q. savings scheme P offers SI at a rate of 20% pa while savings scheme Q compounded annually at the rate of 30% pa. The interest received from savings scheme P is 930 more than the interest received from savings scheme Q. If Rs 1500 is debited from the invested amount of savings scheme P then find the difference between the amount invested by Rithika in savings scheme P & savings scheme Q.

A) Rs 200 B) Rs 300
C) Rs 400 D) Rs 500
 
Answer & Explanation Answer: D) Rs 500

Explanation:
Amount invested in savings scheme P= Rs X

Amount invested in savings scheme Q= Rs (8000-X)

Compounding 30 % for 2 years , rate

30+30+ (30*30)/100= 69 %

60 % of X-69 % of (8000-X)=930

X= 5000

In savings savings scheme Q = 8000-5000=3000

5000 - 1500 = 3500

Difference =3500-3000=Rs 500

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Filed Under: Partnership
Exam Prep: Bank Exams

Q:

In a particular week the average number of people who visited the Park is 40. If we exclude the holidays then the average is increased by 16. Further if we exclude also the day on which the maximum number of 112 people visited the Park, then the average becomes 42. The number of holidays in the week is

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

Explanation:
Total number of people = 40 * 7 = 280
(7 -n)*(40+16) = 280 
(7 -n)*56 = 280

7-n = 5

Number of holidays = 2

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Filed Under: Average
Exam Prep: Bank Exams