Bank Exams Questions

Q:

Assume that money can be invested at 8% compounded quarterly,which is larger,$2500 now or $3800 in 5 years?

A) 1557.29 B) 2557.29
C) 2567 D) 2457
 
Answer & Explanation Answer: B) 2557.29

Explanation:

First find the present value of $3800,then compare present values:

 

M  = p(1+i/4)^4n

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Q:

On sport’s day, if 12 children were made to stand in each column, 98 columns could be formed. After a certain music being played the plan was that the children have to stand in concentric circles such that the innermost circle will have one student, the next circle will have two students, the third circle will have 3 students and so on. How many circles will be formed in this manner ?

A) 44 B) 46
C) 48 D) 49
 
Answer & Explanation Answer: C) 48

Explanation:

No. of students will be 98 x 12 = 1176
let us consider n circles then 1 + 2 + 3 + ....+ n = 1176
n(n+1)/2 = 1176
n = 48 circles.

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Filed Under: Arithmetical Reasoning
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Q:

Chemical name of Gold?

A) Argentinum B) Ferrus
C) Aurum D) Selenium
 
Answer & Explanation Answer: C) Aurum

Explanation:

The Chemical name of Gold is Aurum with symbol Au with atomic number 79 and a group 11 element. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal.

Chemically, gold is a transition metal.

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Q:

In a group of 6 boys and 4 girls, four children are to be selected. In how many different ways can they be selected such that at least one boy should be there ?

A) 205 B) 194
C) 209 D) 159
 
Answer & Explanation Answer: C) 209

Explanation:

We may have (1 boy and 3 girls)or(2boys and 2 girls)or(3 boys and 1 girl)or(4 boys).


Required number of ways = (C16× C34) + C26×C24  + (C36× C14) + (C46)  

= (24+90+80+15) 

= 209.

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Filed Under: Permutations and Combinations
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Q:

All atoms of uranium have the same

A) Atomic mass B) Number of electrons
C) Atomic number D) Mass number
 
Answer & Explanation Answer: C) Atomic number

Explanation:

There are many isotopes of uranium and all of them have same atomic number i.e, sum of nmber of neutrons and protons.

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Q:

Find the compound interest on Rs. 2680 at 8% per annum for 2 years ?

A) Rs. 664.21 B) Rs. 548.68
C) Rs. 445.95 D) Rs. 692.57
 
Answer & Explanation Answer: C) Rs. 445.95

Explanation:

We know Compound Interest = C.I. = P1+r100t - 1

Here P = 2680, r = 8 and t = 2

C.I. = 26801 + 81002-1= 268027252-12= 26802725+12725-1= 2680 5225×225

= (2680 x 52 x 2)/625

= 445.95

 

Compound Interest = Rs. 445.95

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Q:

Borders can be applied to

A) paragraph B) text
C) cells D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

When you want to add borders, it can be added to text, cells and paragraphs.

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Filed Under: General Awareness
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Q:

Which country has replaced China as the top retail destination in 2017 Global retail development index ?

A) Russia B) India
C) Japan D) USA
 
Answer & Explanation Answer: B) India

Explanation:
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Filed Under: Indian Economy
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