4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

The difference between the compound interest and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs. 405. What was the rate of interest p.c.p.a. ?

A) 12%	B) 13%
C) 14%	D) 15%

Answer & Explanation Answer: D) 15%

Explanation:

Let the rate be R% p.a. Then,

$[1800 {(1 + \frac{R}{100})}^{2} - 1800] - (\frac{1800 * R * 2}{100}) = 405$

$1800 [\frac{{(100 + R)}^{2}}{10000} - 1 - \frac{2 R}{100}] = 405$

$1800 [\frac{{(100 + R)}^{2} - 10000 - 200 R}{10000}] = 405$

$\Leftrightarrow$

$\frac{9}{5} * R^{2} = 405 \Leftrightarrow R^{2} = (\frac{405 * 5}{9}) = 225 \Leftrightarrow R = 15$
Rate = 15%.

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

23 27629

Q:

If the length of a certain rectangle is decreased by 4 cm and the width is increased by 3 cm, a square with the same area as the original rectangle would result. Find the perimeter of the original rectangle.

A) 20	B) 30
C) 40	D) 50

Answer & Explanation Answer: D) 50

Explanation:

Let x and y be the length and breadth of the rectangle respectively.
Then, x - 4 = y + 3 or x - y = 7 ----(i)
Area of the rectangle =xy; Area of the square = (x - 4) (y + 3)
(x - 4) (y + 3) =xy <=> 3x - 4y = 12 ----(ii)
Solving (i) and (ii), we get x = 16 and y = 9.
Perimeter of the rectangle = 2 (x + y) = [2 (16 + 9)] cm = 50 cm.

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

21 27626

Q:

Match the characteristics with their market structure:

(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic.
(b) Firm will tend to set output so that it earns maximum profits.

A) (a) Pure competition, (b) Pure Monopoly	B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Oligopoly, (b) Pure Monopoly	D) (a) Monopolistic competition, (b) Pure Monopoly

Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Pure Monopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 27614

Q:

The Ajanta painting belongs to which period ?

A) Harappan period	B) Gupta period
C) Buddhist period	D) Mauryan period

Answer & Explanation Answer: B) Gupta period

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

88 27586

Q:

The following equation is incorrect. Which two signs should be interchanged to correct the equation?

16 x 4 - 10 + 10 ÷ 6 = 54

A) ÷ and x	B) x and -
C) ÷ and -	D) - and +

Answer & Explanation Answer: A) ÷ and x

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

2 27582

Q:

Governance is concerned with

A) Ensuring that defined strategy is actually followed	B) Reducing the total cost of providing services
C) Ensuring that agreed Service Level Requirements are met	D) Measuring and improving the efficiency and effectiveness of processes

Answer & Explanation Answer: A) Ensuring that defined strategy is actually followed

Explanation:

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Filed Under: ITIL Certification
Exam Prep: Bank Exams

43 27577

Q:

If "A" denotes "addition", "B" denotes "divided by", "C" denotes "multiplication" and "D" denotes "subtraction", then

96 B 12 C 4 A 8 D 32 = ?

A) 8	B) 3
C) 1	D) 2

Answer & Explanation Answer: A) 8

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

1 27574

Q:

From the given words, select the word which cannot be formed using the letters of the given word.

JAUNTILY

A) NEATLY	B) AUNTY
C) JAUNT	D) UNITY

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