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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 = $P {(1 + (\frac{r}{100}))}^{n}$

(P+C.I) = $P {[1 + (\frac{10}{100})]}^{2}$

(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:

Which bank will become the first bank to integrate Aadhaar offering OTP-based financial services ?

A) Karur Vysya Bank	B) City Union Bank
C) IndusInd Bank	D) Kotak Mahindra Bank

Answer & Explanation Answer: D) Kotak Mahindra Bank

Explanation:

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

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:

Term Chinaman is related to which sports ?

A) Football	B) Hockey
C) Golf	D) Cricket

Answer & Explanation Answer: D) Cricket

Explanation:

Chinaman bowling is left-arm unorthodox spin, where the bowler spins the ball into a right-handed batsman. Leg spinner Kuldeep Yadav, who debuted in the Dharamsala Test against Australia, has become the first-ever men’s Chinaman bowler to represent India.

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Filed Under: Sports
Exam Prep: Bank Exams , CAT

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

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