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Bank Exams Questions

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Q:

Leverage enables currency traders to do which of the following?

 

A) Reduce the risk of losing money   B) Force foreign governments to print more money
C) Make large currency trades using small amounts of money D)  Buy currencies before they are available to the public
 
Answer & Explanation Answer: C) Make large currency trades using small amounts of money

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 25219
Q:

Consider the following frequency distribution:

x     f

8     6

5     4

6     5

10    8

9     9

4     6

7     4

What is the median for the distribution?

A) 6 B) 7
C) 8 D) 9
 
Answer & Explanation Answer: C) 8

Explanation:
Summation of frequencies = 6+4+5+8+9+6+4 = 42
Median = mid value = average of 21st and 22nd value
Arranging data in increasing order we get

x     f

4     6

5     4

6     5

7     4

8     6

9     9

10    8

 
So mid value i.e 21st and 22nd value = 8
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Filed Under: Average
Exam Prep: Bank Exams

0 25211
Q:

If A : B = 2 : 3 and B : C = 4 : 5, then what is (A + C) : B?

 

A) 8 : 5 B) 7 : 3
C) 23 : 12 D) 25 : 14
 
Answer & Explanation Answer: C) 23 : 12

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

4 25206
Q:

In 16 minutes, the minute hand gains over the hour hand by -

A) 16 deg B) 80 deg
C) 88 deg D) 94 deg
 
Answer & Explanation Answer: C) 88 deg

Explanation:

In one hour, the minute hand gains 330° over the hour hand. i.e., 60 minute, the minute hand gains 330° over the hour hand.

∴ In 16 minutes, the minute hand gain over the hour hand by fraction numerator 330 degree over denominator 60 end fraction cross times 16 degree equals 88 degree

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Filed Under: Clocks
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

38 25177
Q:

A brother and sister daily leave home together to go to their respective schools. The brother goes 3 km North, then turns left and goes 1 km to reach his school. The sister goes 4 km West, then 3 km North, then turns left and goes 5 km to reach her school. Where is the brother's school with respect to the sister's school?

A) 10 km East B) 8 km West
C) 10 km West   D) 8 km East
 
Answer & Explanation Answer: D) 8 km East

Explanation:
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Filed Under: Direction Sense Test
Exam Prep: Bank Exams

3 25160
Q:

A cistern is normally filled in 8 hours but takes two hours longer to fill because of a leak in its bottom. If the cistern is full, the leak will empty it in    ?

A) 20 hrs B) 28 hrs
C) 36 hrs D) 40 hrs
 
Answer & Explanation Answer: A) 20 hrs

Explanation:

1/8 - 1/x = 1/10

 => x = 40 hrs

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

66 25144
Q:

A does half as much work as Band C does half as much work as A and B together. If C alone can finish the work in 40 days, then together ,all will finish the work in  ?

A) 17 + 4/7 days B) 13 + 1/3 days
C) 15 + 3/2 days D) 16 days
 
Answer & Explanation Answer: B) 13 + 1/3 days

Explanation:

C alone can finish the work in 40 days.
As given C does half as much work as A and B together
=> (A + B) can do it in 20 days
(A + B)s 1 days wok = 1/20.
A's 1 days work : B's 1 days Work = 1/2 : 1 = 1:2(given)
A's 1 day’s work = (1/20) x (1/3) = (1/60) [Divide 1/20 in the raio 1:2]
B's 1 days work = (1/20) x (2/3) = 1/30
(A+B+C)'s 1 day's work = (1/60) + (1/30) + (1/40) = 9/120 = 3/40

All the three together will finish it in 40/3 = 13 and 1/3 days.

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Filed Under: Time and Work
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

47 25142
Q:

The difference of two numbers is 14. Their LCM and HCF are 441 and 7. Find the two numbers ?

A) 63 and 49 B) 64 and 48
C) 62 and 46 D) 64 and 49
 
Answer & Explanation Answer: A) 63 and 49

Explanation:

Since their HCFs are 7, numbers are divisible by 7 and are of the form 7x and 7y

Difference = 14
=> 7x - 7y = 14
=> x - y = 2

product of numbers = product of their hcf and lcm
=> 7x * 7y = 441 * 7
=> x * y = 63

Now, we have
x * y = 63 , x - y = 2
=> x = 9 , y = 7

The numbers are 7x and 7y
=> 63 and 49

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Filed Under: HCF and LCM
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

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