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Bank Exams Questions

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Q:

An amount of money was lent for 3 years. What will be the difference between the simple  and the compound interest earned on it at the same rate?
I. The rate of interest was 8 p.c.p.a.
II. The total amount of simple interest was Rs. 1200

A) I alone sufficient while II alone not sufficient to answer B) alone sufficient while I alone not sufficient to answer
C) Both I and II are not sufficient to answer D) Both I and II are necessary to answer
 
Answer & Explanation Answer: D) Both I and II are necessary to answer

Explanation:

Given: T = 3 years.
I. gives: R = 8% p.a.
II. gives: S.I. = Rs. 1200.
Thus, P = Rs. 5000, R = 8% p.a. and T = 3 years.
Difference between C.I. and S.I. may be obtained.
So, the correct answer is (D).

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

0 7971
Q:

In how many ways can the letters of the word 'LEADER' be arranged ?

A) 360 B) 420
C) 576 D) 220
 
Answer & Explanation Answer: A) 360

Explanation:

No. of letters in the word = 6
No. of 'E' repeated = 2
Total No. of arrangement = 6!/2! = 360

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Filed Under: Permutations and Combinations
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk

4 7968
Q:

Given that 100.48 = x,  100.70 = y and xz = y2,  then the value of z is close to ___ ?

A) 3.7 B) 2.7
C) 3.6 D) 2.9
 
Answer & Explanation Answer: D) 2.9

Explanation:

xz = y2        10(0.48z) = 10(2 x 0.70) = 101.40

 0.48z = 1.40

 z = 140/18 = 35/12 = 2.9 (approx.)

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

10 7966
Q:

Who was the only Secretary General of the UNO to have died while in office ?

A) Dag Hammarskjold B) Trygve Lie
C) Kurt Waldhiem D) U Thant
 
Answer & Explanation Answer: A) Dag Hammarskjold

Explanation:
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Filed Under: General Awareness
Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

5 7963
Q:

A dishonest shopkeeper professes to sell his groceries at his cost price but uses a false weight of 900 grams for each kilogram. Find his gain percentage.

A) 91/9 % B) 100/9%
C) 100/11 % D) 95/9%
 
Answer & Explanation Answer: B) 100/9%

Explanation:

Shopkeeper sells at CP using weight of 900 gm instead of1 kg

So, 1000gm –900 gm = 100gm

⇒100/900 X 100

⇒100/9 %

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

5 7962
Q:

How Many Prime ministers have conferred with Bharat Ratna upto November 2014 ?

Answer

  Six

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Subject: Indian Politics Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

93 7957
Q:

I do just enough work to get by.

A) Disagree B) Agree
C) Neutral D) Strongly Disagree
 
Answer & Explanation Answer: A) Disagree

Explanation:
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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

2 7951
Q:

In a mixture, the ratio of juice and water is 4 : 3. By adding 6 litre water the ratio of juice and water will be 8 : 7. What is the amount of juice in the original mixture ?

A) 38 lit B) 96 lit
C) 48 lit D) 52 lit
 
Answer & Explanation Answer: C) 48 lit

Explanation:

Let the amount of juice and water in original mixture '4x' litre and '3x' litre respectively.

According to given data,

4x/3x+6 =8/7

28x=24x+48

28x–24x=48

4x = 48

x = 12

Amount of juice = 4x = 4×12 = 48 litre.

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Filed Under: Alligation or Mixture
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

7 7948