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Bank Exams Questions

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Q:

Calculate the effective interest rate of a 10% annual rate compounded continuously.

A) 9.52% B) 10.52%
C) 11.52% D) 12.52%
 
Answer & Explanation Answer: B) 10.52%

Explanation:

E=e^i-1

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

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Q:

Calculate the periodic interest rate corresponding to 9.5% compounded monthly

A) 0.7916 B) 0.8916
C) 0.9916 D) 0.6916
 
Answer & Explanation Answer: A) 0.7916

Explanation:

i=j/m

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

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Q:

Guess the Number which satisfies the Logic behind  ?

19598473_1350724051701362_1674607166262979020_n1499318579.jpg image

A) 7 B) 14
C) 10 D) 19
 
Answer & Explanation Answer: C) 10

Explanation:

Adding the corresponding numbers in first and last figures gives the corresponding number in the middle figure.

i.e, 4 + 3 = 7

13 + 2 = 15

2 + 4 = 6

9 + 1 = 10

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Filed Under: Number Puzzles
Exam Prep: AIEEE , Bank Exams
Job Role: Bank Clerk

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Q:

The school principal has received complaints from parents about bullying in the school yard during recess. He wants to investigate and end this situation as soon as possible, so he has asked the recess aides to watch closely. Which situation should the recess aides report to the principal ?

A) A boy is sitting glumly on a bench reading a book and not interacting with his peers. B) Two boys are playing a one-on-one game of basketball and are arguing over the last basket scored.
C) Three boys are huddled over a handheld video game, which isn’t supposed to be on school grounds. D) Four girls are surrounding another girl and seem to have possession of her backpack.
 
Answer & Explanation Answer: D) Four girls are surrounding another girl and seem to have possession of her backpack.

Explanation:

Seeing four girls surrounding another girl, while in possession of her backpack, is the most suspicious of the incidents described.

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

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Q:

I come in different colors and shapes. Some parts of me are curvy, some are straight. You can put me anywhere you like, but there is only one right place for me. What am I?

Answer

A Jigsaw puzzle.

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Can you solve this riddle?

A) 1 B) 3
C) 5 D) 0
 
Answer & Explanation Answer: A) 1

Explanation:

5 + 5 = 10

5x 2 + 2 = 12

5 x 2 - 1 x 5 = 5

 

Hence, ∆ = 1.

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Filed Under: Math Puzzles
Exam Prep: CAT , Bank Exams

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Q:

What does a Browser do?

A) Looks through magazines and books in the library B) Reads meterial really fast
C) It provides help menus D) It is software used to view web pages
 
Answer & Explanation Answer: D) It is software used to view web pages

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

6 3290
Q:

Which vehicle is spelled the same forwards and backwards?

Answer

RACECAR.

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Subject: Word Puzzles Exam Prep: Bank Exams

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