Exams


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 4007
Q:

Should 'computer knowledge' be made a compulsory subject for all the students at secondary school level?

Arguments:

I. No. Our need is 'bread' for everyone, we cannot follow western models.

II. Yes. We cannot compete in the international market without equipping our children with computers.

A) Only argument I is strong B) Only argument II is strong
C) Neither I nor II is strong D) Both I and II are strong
 
Answer & Explanation Answer: B) Only argument II is strong

Explanation:

Nowadays, computers have entered all walks of life and children need to be prepared for the same. So, argument II is strong. Argument I holds no relevance.

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Filed Under: Statement and Arguments
Exam Prep: GRE

2 4007
Q:

Yisrael Kristal, who died recently was certified by Guinness World Records as the _________.

A) World's Tallest Man B) World's Oldest Man
C) World's Youngest Man D) World's Smallest Man
 
Answer & Explanation Answer: B) World's Oldest Man

Explanation:
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Filed Under: Famous Personalities
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

6 4003
Q:

Arun is a cashew merchant in Telangana. He has cashews in sealed wooden boxes of 10kg each. The price of the cashew increases by Rs.20 per kg for every year, but at the same time, 10% of the cashews are eaten by rodents every year. If the price of a 1 kg of fresh cashew is Rs.120, what is the change in his profits if he sells a sealed box after one year of storage, rather than selling it fresh ? (In Rs.)

A) Rs. 60 B) Rs. 54
C) Rs. 80 D) Rs. 75
 
Answer & Explanation Answer: A) Rs. 60

Explanation:

Price of 1kg fresh cashew = Rs.120
Therefore, price of 10kg = Rs.120 x 10 = Rs.1200

10% of 10kg which eaten by rodents = 10 x 10/100 = 1kg.

So, End of Year he had 10kg - 1kg = 9kg

So, he sells that 9kg with Rs.20 per kg profit = 9 x 140 = 1260.

He buy 10kg wooden box with cashew for Rs.1200 and sell that for Rs. 1260

So, profit = 1260 - 1200 = Rs.60 more money he get.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

3 4003
Q:

A cavern is an underground chamber formed by

A) Erosion B) Runoff
C) Deposition D) Evaporation
 
Answer & Explanation Answer: A) Erosion

Explanation:

Caverns are openings in the ground. Some famous caverns in the United States are Mammoth Cave, Carlsbad Caverns, Wind Cave, and Luray Caverns.

 

When rainwater trickles down through the soil, it carries carbon dioxide from the air with it. This turns acidic as it moves through the soil, joining with carbon from decaying plants. This acidic rainwater then eats away at, or erodes, the rock under the ground, forming a cave or cavern. For this process to occur, the rock must be the right type; limestone, dolomite, and gypsum are common.

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

3 4002
Q:

Due to increase of 33.33% in the price of apples, a customer can purchase 4 apples less for Rs 16. What is the original price (in paise) of an apple?

A) 100 B) 125
C) 150 D) 400/3
 
Answer & Explanation Answer: A) 100

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

10 4000
Q:

In a certain code language, "RAINBOW" is written as "1987645" and "SNAP" is written as "3790". How is "PIANO" written in that code language?

A) 8976 B) 8947
C) 8974 D) 8977
 
Answer & Explanation Answer: C) 8974

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

1 4000
Q:

Which Bank has topped the list of the country’s top 50 brands, according to WPP’s BrandZ Top 50 report 2017 ?

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

Explanation:

HDFC Bank retains No. 1 rank in BrandZ India Top 50 for third year running BRANDZ TOP 50 REPORT. The BrandZ Top 50 Most Valuable Indian Brands ranking shows locally grown Indian brands increased 32% in value over three years. Airtel came in at No. 2 followed by State Bank of India at No. 3. The highest ranked new entrant on the list is Reliance Jio, at No.11.

The BrandZ Top 50 Most Valuable Indian Brands report showed that the total value of India’s top brands has risen by 30% over the last three years. The top 50 brands are now worth $90.5 billion.

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

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