4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Which one of the following interchanges in signs and numbers would make the given equation correct?

3 + 5 - 2 = 4

A) + and -, 2 and 5	B) + and -, 3 and 4
C) + and -, 2 and 4	D) + and -, 3 and 5

Answer & Explanation Answer: D) + and -, 3 and 5

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

3 24037

Q:

The present worth of Rs.169 due in 2 years at 4% per annum compound interest is

A) Rs.156.25	B) Rs.150
C) Rs.140	D) Rs125.25

Answer & Explanation Answer: A) Rs.156.25

Explanation:

Present Worth

= $\frac{P}{{(1 + \frac{R}{100})}^{2}}$

= $\frac{169}{{(1 + \frac{4}{100})}^{2}}$

= Rs.156.25

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Filed Under: Compound Interest
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Job Role: Bank PO

30 24032

Q:

Arrange the given words in the sequence in which they occur in the dictionary.

i. Terrace
ii. Tenant
iii. Tea
iv. Tomorrow

A) iii, ii, i, iv	B) i, ii, iii, iv
C) iv,i, ii, iii	D) i, iii, ii, iv

Answer & Explanation Answer: A) iii, ii, i, iv

Explanation:

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

2 24015

Q:

A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year

A) Rs.5624.32	B) Rs.5423
C) Rs.5634	D) Rs.5976

Answer & Explanation Answer: A) Rs.5624.32

Explanation:

5% is the rate of interest. 20% of the interest amount is paid as tax.

i.e 80% of the interest amount stays back.

$\therefore$ if we compute the rate of interest as 80% of 5% = 4% p.a., we will get the same value.

The interest accrued for 3 years in compound interest = 3 x simple interest on principal + 3 x interest on simple interest + 1 x interest on interest on interest.

= 3 x (200) + 3 x (8) + 1 x 0.32 =600 + 24 + 0.32 = 624.32

The amount at the end of 3 years = 5000 + 624.32 = 5624.32

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

26 24012

Q:

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

26 - 2 x 30 ÷ 6 + 16 = 20

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

Answer & Explanation Answer: B) - and +

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

2 23988

Q:

Find the total surface area (in cm2) of a hemisphere of diameter 21 cm.

A) 1039.5	B) 844.5
C) 637	D) 472

Answer & Explanation Answer: A) 1039.5

Explanation:

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

2 23985

Q:

Who succeeded Ghulam Nabi Azad as the Leader of Opposition in Rajya Sabha?

A) Anand Sharma	B) Jairam Ramesh
C) Mallikarjun Kharge	D) A K Antony

Answer & Explanation Answer: C) Mallikarjun Kharge

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

2 23971

Q:

If x means -, / stands for +, + stands for /, and - stands for x, which of the following gives 125 - 50 / 10 + 20 x 4 ?

A) 360	B) 315
C) 6246.5	D) 420

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