4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Consider the circle as shown in the figure and choose the correct option for this case.

A) QC \|\| PB	B) QC = 1/2 PB
C) QC is never parallel to PB	D) QC \|\| PB, QC = 1/2 PB

Answer & Explanation Answer: A) QC || PB

Explanation:

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Filed Under: Area
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Q:

If a mirror is placed on the line MN, then which is the right image of the given figure?

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Q:

If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years ?

A) 3387.42	B) 4387.42
C) 5387.42	D) 6387.42

Answer & Explanation Answer: C) 5387.42

Explanation:

The mathematical formula for calculating compound interest depends on several factors. These factors include the amount of money deposited called the principal, the annual interest rate (in decimal form), the number of times the money is compounded per year, and the number of years the money is left in the bank.

$F V = p {(1 + \frac{r}{n})}^{n t}$

FV = Future value of the Deposit

p = Principal or Amount of Money deposited

r = Annual Interest Rate (in decimal form )

n = No of times compounded per year

t = time in years

$F V = 4000 {[1 + \frac{0.06}{4}]}^{4 (5)}$ = 5387.42

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Filed Under: Compound Interest
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Q:

Without any stoppage, a person travels a certain distance at an average speed of 42 km/h, and with stoppages he covers the same distance at an average speed of 28 km/h. How many minutes per hour does he stop?

A) 15 minutes	B) 20 minutes
C) 18 minutes	D) 22 minutes

Answer & Explanation Answer: B) 20 minutes

Explanation:

Let the total distance to be covered is 84 kms.
Time taken to cover the distance without stoppage = 84/42 hrs = 2 hrs
Time taken to cover the distance with stoppage = 84/28 = 3 hrs.
Thus, he takes 60 minutes to cover the same distance with stoppage.
Therefore, in 1 hour he stops for 20 minutes.

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

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Q:

Direction: What should come in the place of question mark (?) in the following number series?

3, 4, 10, 33, 136, ?

A) 150	B) 298
C) 463	D) 572

Answer & Explanation Answer:

Explanation:

The pattern followed is *1 + 1, *2 +2 , *3 + 3 , *4 + 4 , *5 + 5

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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , GATE

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Q:

The bar chart shows the sales (in '000 units) of 4 mobile brands for 3 years.

If for any year, the sales of a brand is more than average sales of these four brands in that year, then it gets a star. Which brand has the maximum stars?

A) Brand 3	B) Brand 3 and 4 both
C) Brand 4	D) All brands

Answer & Explanation Answer: C) Brand 4

Explanation:

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Filed Under: Bar Charts
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Q:

The ratio of the area of a square to that of the square drawn on its diagonal is

A) 1:2	B) 2;3
C) 3:1	D) 4:1

Answer & Explanation Answer: A) 1:2

Explanation:

ratio = $\frac{a^{2}}{{(\sqrt{2 a})}^{2}}$

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Filed Under: Area
Exam Prep: Bank Exams
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Q:

Refer the below data table and answer the following question.

Labour and interest are what percent of total expenses?

A) 31.25 percent	B) 24 percent
C) 16.75 percent	D) 38.5 percent

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