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Q:

Calculate the future value of $3,000 invested at 7% for 5 years

A) 4207.66 B) 5207
C) 4376 D) 5687
 
Answer & Explanation Answer: A) 4207.66

Explanation:

F=P(1+i)^n

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

Q:

Explain the concept of the Distributed systems?

Answer

Distributed systems work in a network. They can share the network resources,communicate with each other.

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Q:

What are the various components of a computer system?

Answer

1.The hardware


2.The operating system


3.The application programs


4.The users.

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Q:

Derrick's dad bought new tires for $900 using a credit card. His card has an interest rate of 19%. If he has no other charges on his card and does not pay off his balance at the end of the month, how much money will he owe after one month?

A) 11.25 B) 13.25
C) 14.25 D) 15.25
 
Answer & Explanation Answer: C) 14.25

Explanation:

I=prt

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

Q:

If two letters are taken at random from the word HOME, what is the probability that none of the letters would be vowels?

A) 1/6 B) 1/2
C) 1/3 D) 1/4
 
Answer & Explanation Answer: A) 1/6

Explanation:

P(first letter is not vowel) = 24

 

P(second letter is not vowel) = 13

 

So, probability that none of letters would be vowels is = 24×13=16

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Filed Under: Probability

Q:

Rondell's parents borrow $6,300 from the bank for a new car. The interest rate is 6% per year. How much simple interest will they pay if they take 2 years to repay the loan?

A) 556 B) 665
C) 756 D) 856
 
Answer & Explanation Answer: C) 756

Explanation:

I=prt

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

Q:

In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:

A) 3100 B) 6240
C) 6500 D) 9600
 
Answer & Explanation Answer: B) 6240

Explanation:

To obtain Rs. 10,  investment = Rs. 96.

 

To obtain Rs. 650, investment = Rs.96*65010 = Rs. 6240.

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Filed Under: Stocks and Shares

Q:

What is Throughput, Turnaround time, waiting time and Response time?

Answer

Throughput : number of processes that complete their execution per time unit.

Turnaround time : amount of time to execute a particular process.

Waiting time : amount of time a process has been waiting in the ready queue.

Response time : amount of time it takes from when a request was submitted until the firstresponse is produced, not output (for time-sharing environment).

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