Bank Exams Questions

Q:

According to John Maynard Keynes, employment depends upon

 

A) aggregate demand B) aggregate supply
C) effective demand D) rate of interest
 
Answer & Explanation Answer: C) effective demand

Explanation:

J.M Keynes’ theory of employment is a demand-deficient theory. This means that Keynes visualised employment from the demand side of the model. His theory is a demand-oriented approach, as opposed to the classical supply side model.

According to him,the volume of employment in a country depends on the level of effective demand of people for goods and services. Thus, unemployment is attributed to the deficiency of effective demand.

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?

A) 8560 B) 8673
C) 8746 D) 8780.80
 
Answer & Explanation Answer: D) 8780.80

Explanation:

when interest is reckoned using compound interest, interest being compounded annually. The difference in the simple interest and compound interest for two years is on account of the interest paid on the first year's interest  Hence 12% of simple interest = 90 => simple interest =90/0.12 =750.

As the simple interest for a year = 750 @ 12% p.a., the principal =750/0.12 = Rs.6250.

If the principal is 6250, then the amount outstanding at the end of 3 years = 6250 + 3(simple interest on 6250) + 3 (interest on simple interest) + 1 (interest on interest on interest) = 6250 +3(750) + 3(90) + 1(10.80) = 8780.80.

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

20 27370
Q:

A pump can fill a tank with water in 2 hours. Because of a leak, it took 213 hours to fill the tank. The leak can drain all the water of the tank in:

A) 7 hours B) 8 hours
C) 12 hours D) 14 hours
 
Answer & Explanation Answer: D) 14 hours

Explanation:

If the total area of pump=1 part

The pumop take 2 hrs to fill 1 part 

The pumop take1 hour to fill 1/2 portion 

 

Due to lickage  

The pumop take 7/3 hrs to fill 1 part 

The pumop take1 hour to fill 3/7 portion 

Now the difference of area = (1/2-3/7)=1/14 

 

This 1/14 part of water drains in 1 hour 

Total area=1 part of water drains in (1x14/1)hours= 14 hours 

 

So the leak can drain all the water of the tank in 14 hours. 

Leak will empty the tank in 14 hrs

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Filed Under: Pipes and Cistern
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

86 27364
Q:

Smallest Taluk in Kerala State?

A) Kunnathur B) Eranad
C) Palakkad D) Alappuzha
 
Answer & Explanation Answer: A) Kunnathur

Explanation:

Kunnathur is the Smallest Taluk in Kerala State.

 

Smallest_Taluk_in_Kerala_State1557490637.jpg image 

 

Taluk :

 

In Kerala, the administrative divisions below the district are called Taluk. There are 77 Taluks in Kerala State.

 

Eranad is the Largest Taluk in Kerala State.

 

Palakkad is the Largest District in Kerala State.

 

Alappuzha is the Smallest District in Kerala State.

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

46 27345
Q:

In the following question, select the missing number from the given series.

 

9, 9, 18, 54, 216, ?

 

A) 1020 B) 1080
C) 636 D) 740
 
Answer & Explanation Answer: B) 1080

Explanation:
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Filed Under: Number Series
Exam Prep: Bank Exams

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Q:

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

 

7 x 16 + 20 - 20 ÷ 10 = 31

 

A) ÷ and -   B) x and -
C) + and ÷ D) - and +
 
Answer & Explanation Answer: B) x and -

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

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Q:

Choose the figure which is different from the rest three.

 

 

 

A) 1 B) 3
C) 2 D) 4
 
Answer & Explanation Answer: B) 3

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

Find the odd word/letters/number from the given alternatives.

 

A) DGI B) JMO
C) PRT D) TWY
 
Answer & Explanation Answer: C) PRT

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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