4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Sonika invested an amount of Rs.5800 for 2 years. At what rate of compound interest will she get an amount of Rs.594.50 at the end of 2 years ?

A) 6.5%	B) 6%
C) 5%	D) 4.5%

Answer & Explanation Answer: C) 5%

Explanation:

C.I = $P [{(1 + \frac{r}{100})}^{t} - 1]$

594.5 = $5800 [{(1 + \frac{r}{100})}^{2} - 1]$

$\frac{594.5}{5800} + 1 = {(1 + \frac{r}{100})}^{2}$

$\frac{r}{100} = 1.05 - 1 = 0.05 = > r = 5$ % .

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Filed Under: Compound Interest
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Q:

Compatibility in regard to computers refers to ________

A) The software doing the right job for the user	B) It being versatile enough to handle the job
C) The software being able to run on the computer	D) Software running with other previously installed software

Answer & Explanation Answer: D) Software running with other previously installed software

Explanation:

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Filed Under: Computer
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42 10785

Q:

What was the day on 2nd Jan 1901 ?

A) Tuesday	B) Wednesday
C) Monday	D) Thursday

Answer & Explanation Answer: B) Wednesday

Explanation:

2nd Jan 1901 means
(1900 years and 2 day)
Now, 1600 years have 0 odd day
300 years have 1 odd day
2 days has 2 odd day
Total no. of odd days = 0 + 1 + 2 = 3 days
Hence, the day on 2nd Jan 1901 was Wednesday.

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Filed Under: Calendar
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24 10781

Q:

A source program is the program written in which level language ?

A) Alpha Numeric	B) High-Level
C) Symbolic	D) Machine

Answer & Explanation Answer: B) High-Level

Explanation:

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Filed Under: Programming
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14 10771

Q:

Bootstrapping is also known as

A) hot boot	B) cold-hot boot
C) cold boot	D) quick boot

Answer & Explanation Answer: C) cold boot

Explanation:

Bootstrapping is a term used in business to refer to the process of using only existing resources, such as personal savings, personal computing equipment, and garage space, to start and grow a company.

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

Based on the given data, the percentage of literates in city A is ___.

A) 65	B) 70
C) 75	D) 80

Answer & Explanation Answer: C) 75

Explanation:

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Filed Under: Table Charts
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Q:

Ice is to water as rock is to

A) Lava	B) Oil
C) Sand	D) Mud

Answer & Explanation Answer: A) Lava

Explanation:

When ice melts it changes its physical state to water. Similarly, when rock melts it changes into lava or magma.

Hence, ice is to water as rock is to lava.

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Filed Under: Analogy
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8 10768

Q:

If k : l = 4 : 3 and l : m = 5 : 3, then find k : l : m ?

A) 18 : 24 : 11	B) 9 : 15 : 1
C) 20 : 15 : 9	D) 21 : 7 : 3

Answer & Explanation Answer: C) 20 : 15 : 9

Explanation:

Given k : l = 4 : 3
l : m = 5 : 3

Then k : l : m = 20 : 15 : 9

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Filed Under: Ratios and Proportions
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