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Q:

Golf player Vijay Singh belongs to which country?

A) USA	B) Fiji
C) India	D) UK

Answer & Explanation Answer: B) Fiji

Explanation:

Golf player Vijay Singh is an Indo-Fijian belongs to Fiji. He was born in 1963, who was number 1 in the Official World Golf Ranking for 32 weeks in 2004 and 2005.

Golf_player_Vijay_Singh_belongs_to_which_country1542256229.jpg image

He was nicknamed as "The Big Fijian", has won three major Golf Championships. He has started his profession career from 1984.

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

Q:

The true discount on Rs.1600 due to after a certain of 5% per annum is Rs.160. The time after which it is due is

A) 27months	B) 23months
C) 20months	D) 12months

Answer & Explanation Answer: A) 27months

Explanation:

P.W. = Rs. (1600 - 160) = Rs. 1440
∴ S.I. on Rs.1440 at 5% is Rs. 160.
∴ Time = [100 * 160 / 1440 * 5] = 20/9 years = [20/9 * 12] months = 27 months.

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Filed Under: True Discount

Q:

Some boys are men. No man is black

Conclusions:

1. Some boys are not black

2. Some men are boys

A) Only 1 follows	B) Only 2 follows
C) Either 1 or 2 follows	D) Neither 1 nor 2 follows

Answer & Explanation Answer: A) Only 1 follows

Explanation:

Since one premise is negative , the conclusion must be negative. so 2 does not follow and only 1 follows

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Filed Under: Statement and Conclusions
Exam Prep: GRE

Q:

Determine the nominal rate of interest if:

The periodic rate is 0.83% per month

A) 7%	B) 8%
C) 9%	D) 10%

Answer & Explanation Answer: D) 10%

Explanation:

j=mi

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

Q:

Determine the nominal rate of interest if:
The periodic rate is 1.75% per quarter.

A) 7%	B) 8%
C) 9%	D) 10%

Answer & Explanation Answer: A) 7%

Explanation:

j=mi

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

Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:0.7

A) 9	B) 10
C) 11	D) 12

Answer & Explanation Answer: D) 12

Explanation:

i=j/m

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

Q:

Three unbiased coins are tossed.What is the probability of getting at least 2 heads?

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

Answer & Explanation Answer: B) 1/2

Explanation:

Here S= {TTT, TTH, THT, HTT, THH, HTH, HHT, HHH}.

Let E = event of getting at least two heads = {THH, HTH, HHT, HHH}.

P(E) = n(E) / n(S)

= 4/8= 1/2

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Filed Under: Probability

Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is:2.1

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

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