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Q:

15 semiannual payments are made into a sinking fund at 7% compounded semiannually so that $4850 will be present. Find the amount of each payment rounded to the nearest cent

A) 251.35 B) 245.45
C) 235.87 D) 251
 
Answer & Explanation Answer: A) 251.35

Explanation:

R=S[i/(1+i)^n-1]

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

0 3937
Q:

People buy me to eat but never eat me?

Answer

I ama PLATE.


People used me to eat their food but cannot eat me.

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Subject: Logic Puzzles Exam Prep: GRE , CAT , Bank Exams

79 3937
Q:

Which of the following is NOT considered as a Greeen House Gas?

A) Methane B) Carbon dioxide
C) Nitrous oxide D) Oxygen
 
Answer & Explanation Answer: D) Oxygen

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

5 3934
Q:

Electrical Pressure is also called

A) Current B) Voltage
C) Resistance D) Power
 
Answer & Explanation Answer: B) Voltage

Explanation:

Electrical Pressure is also called as Voltage. Voltage is measured in Volts.

 

Volt : A unit of electrical pressure or Voltage is called Volt.

 

One volt is the amount of pressure required to cause one ampere of current to flow against one ohm of resistance.

 

Voltage is also referred to as Electromotive Force or Electrical Potential or Electrical Pressure.

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Filed Under: Physics
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

9 3934
Q:

Statements : National Aluminium Company has moved India from a position of shortage to self-sufficiency in the metal.

Conclusions :

a) Previously, India had to import aluminium.
b) With this speed, it can soon become a foreign exchange earner.

A) Only a follows B) Only b follows
C) Neither a nor b follows D) Both a and b follows
 
Answer & Explanation Answer: D) Both a and b follows

Explanation:

According to the statement, National Aluminium Company has moved India from a position of shortage in the past to self-sufficiency in the present. This means that previously, India had to import aluminium. So, I follows. Also, it can be deduced that if production increases at the same rate, India can export it in future. So, II also follows.

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

1 3932
Q:

The world's tallest twisted tower is ?

A) Tokyo Sky Tree B) BREN Tower
C) Burj Khalifa D) Infinity Tower
 
Answer & Explanation Answer: D) Infinity Tower

Explanation:

The world's tallest twisted tower, the Infinity Tower was launched in Dubai Marina on 10 June 2013.

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Filed Under: Famous Places
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank PO

5 3932
Q:

The average marks of 50 students in an examination was 65. It was later found that the marks of one student had been wrongly entered as 83 instead of 38. The correct average is?

A) 63.9 B) 64.5
C) 64.7 D) 64.1
 
Answer & Explanation Answer: D) 64.1

Explanation:
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Filed Under: Average
Exam Prep: Bank Exams

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Q:

Which Bank has become the first bank in India to launch DigiPOS, a Point of Sale (POS) machine ?

A) Yes Bank B) HDFC Bank
C) ICICI Bank D) SBI
 
Answer & Explanation Answer: B) HDFC Bank

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

4 3931