Exams


Q:

If the selling price is tripled and cost price doubled the profit would become 65%. What is the present profit (in %)?

A) 20 B) 15
C) 25 D) 10
 
Answer & Explanation Answer: D) 10

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

Can you Solve 7 + 7 ÷ 7 + 7 x 7 + 7 - 7 ÷ 7 + 7 x 7 =

A) 112 B) 56
C) 0 D) 98
 
Answer & Explanation Answer: A) 112

Explanation:

7  + 7 ÷ 7 + 7 x 7 + 7 - 7 ÷ 7 + 7 x 7= 7 + 1 + 49 + 7 - 1 + 49= 8 + 56 + 48= 56 + 56= 112

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

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Q:

Statement: There has been a significant drop in the water level of all the lakes supplying water to the city.
Courses of action:
I. The water supply authority should impose a partial cut in supply to tackle the situation.
II. The government should appeal to all the residents though mass media for minimal use of water.

A) Only I follows B) Only II follows
C) Both I & II follows D) Neither I nor II follows
 
Answer & Explanation Answer: C) Both I & II follows

Explanation:

The situation can be tackled by periodic cuts in supply, and urging people to conserve water. So both the courses follow.

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Filed Under: Statement and Courses of Action
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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Q:

Which program is an example of domestic policy?

A) NAFTA B) The Versailles Treaty
C) The Clean Air Act NATO D) The Carter Doctrine
 
Answer & Explanation Answer: C) The Clean Air Act NATO

Explanation:

Domestic policy is the decisions made by a government regarding issues that occur within the country.

The Clean Air Act NATO program is an example of domestic policy.

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

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Q:

I gain 19% if I sell an article for Rs. 595. What would be my gain or loss percentage if I sell it for Rs. 475?

A) Gain 5% B) Loss 5%
C) Loss 10% D) Gain 10%
 
Answer & Explanation Answer: B) Loss 5%

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

In the aggregate expenditures model, it is assumed that investment

in_the_aggregate_expenditures_model_it_is_assumed_that_investment1553493949.jpg image

A) does not change when real GDP changes B) does not respond to changes in interest rates
C) changes by less in percentage terms than changes in real GDP D) automatically changes in response to changes in real GDP
 
Answer & Explanation Answer: A) does not change when real GDP changes

Explanation:

In the aggregate expenditures model, it is assumed that investment does not change when real GDP changes.

 

  • The aggregate expenditure is the sum of all the expenditures undertaken in the economy by the factors during a specific time period.

 

  • The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The yield to maturity on a discount bond is

A) equal to both the coupon rate / current yeild B) less than the current yeild but greater than the coupon rate
C) greater than both the coupon rate / current yeild D) equal to the current yeild but greater than the coupon rate
 
Answer & Explanation Answer: A) equal to both the coupon rate / current yeild

Explanation:

Yield to maturity is a concept for fixed rate bonds and is the internal rate of return i.e. the rate at which future flows are discounted on a compound basis to give the present value of the bond including accrued interest.

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Filed Under: Bank Interview
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Job Role: Analyst , Bank Clerk , Bank PO

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Q:

A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?

A) 16 2/3 B) 33 1/3
C) 40 D) 66.6
 
Answer & Explanation Answer: D) 66.6

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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