4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

A certain sum of money is invested for one year at a certain rate of simple interest. If the rate of interest is 3% higher, then the invest earned will be 25% more than the interest earned earlier. What is the earlier rate of interest ?

A) 4% p.a.	B) 6% p.a.
C) 8% p.a.	D) 12% p.a.

Answer & Explanation Answer: D) 12% p.a.

Explanation:

If the interest earned is 25% more than the earlier interest then the rate of interest also should be 25% higher than the earlier rate.
Let the earlier rate of interest be x%.
Now it will be (x + 3)%
% increase = (x + 3) - x/x * 100 = 25
=> x = 12%

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Filed Under: Profit and Loss
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5 4659

Q:

Maneela, Raghu and Aravind have some jems with each of them. Five times the number of jems with Raghu equals seven times the number of jems with Maneela while five times the number of jems with Maneela equals seven times the number of jems with Aravind. What is the minimum number of jems that can be there with all three of them put together ?

A) 108	B) 107
C) 109	D) 110

Answer & Explanation Answer: C) 109

Explanation:

From given data,

R : M = 5 : 7

M : A = 5 : 7

R : M : A = 25 : 35 : 49

25 + 35 + 49 = 109

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Filed Under: Ratios and Proportions
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15 4658

Q:

National Hydrogen Energy Mission (NHEM) was announced by

A) Nirmala Sitharaman	B) Narendra Modi
C) Nitin Gadkari	D) Dr. Harshvardhan

Answer & Explanation Answer: A) Nirmala Sitharaman

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In a certain code language, "who are you" is written as "432", "they is you" is written as "485" and "they are dangerous" is written as "295". How is "dangerous" written in that code language?

A) 2	B) 4
C) 5	D) 9

Answer & Explanation Answer: D) 9

Explanation:

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

abcdefghijklmnopqrstuvwxyz Riddle

What sentence contains all abcdefghijklmnopqrstuvwxyz?

Answer

The Quick Brown Fox Jumped Over The Lazy Dog is the sentence which contains all 26 alphabets i.e, from a to z.

Workspace

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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13 4655

Q:

Find the compound interest on Rs. 6,500 for 4 years if the rate of interest is 10% p.a. for the first 2 years and 20% per annum for the next 2 years?

A) Rs. 3845	B) Rs. 4826
C) Rs. 5142	D) Rs. 4415

Answer & Explanation Answer: B) Rs. 4826

Explanation:

We know the formula for calculating

The compound interest $C = P [{(1 + \frac{r}{100})}^{n} - 1]$ where P = amount, r = rate of interest, n = time

Here P = 5000, r1 = 10, r2 = 20

Then $C = 6500 [{(1 + \frac{10}{100})}^{2} x {(1 + \frac{20}{100})}^{2} - 1] = 6500 x \frac{1856}{2500} = \frac{65 x 1856}{25}$

C = Rs. 4826.

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Filed Under: Compound Interest
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Q:

Rearrange the parts of the sentence in correct order.

He spent a third

P-was of any consequence
Q-made sure that none of them
R-of the time describing his tax proposals, but

A) QRP	B) QPR
C) PRQ	D) RQP

Answer & Explanation Answer: D) RQP

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Rearrange the parts of the sentence in correct order.

He would often

P-Brahmacharya if his protests were not functioning the way
Q-he expected
R-critique his own life of

A) RQP	B) PQR
C) RPQ	D) QRP

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