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Bank Exams Questions

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Q:

Car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.   What is the total cost of the car?

A) 30.240 B) 31.240
C) 33.240 D) 32,240
 
Answer & Explanation Answer: D) 32,240

Explanation:

Total cost = deposit + instalment amount × number of instalments

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

2 6428
Q:

A clock is started at 11 a.m. By 600 seconds past 6 p.m, the hour hand has turned through ?

A) 155 degrees B) 175 degrees
C) 205 degrees D) 215 degrees
 
Answer & Explanation Answer: D) 215 degrees

Explanation:

The total angle traced by the hour hand is the angle traced in 7 hours and 10 minutes.
We know that the angle traced by the hour hand in one hour is 30º and in one minute is 1/2º.
Therefore, (30º x 7) + (10 x 1/2º) = 215º is the angle traced by the hour hand.

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

15 6425
Q:

Second Nationalization of Commercial Banks in India took place in ?

A) 1890 B) 1969
C) 1972 D) 1980
 
Answer & Explanation Answer: D) 1980

Explanation:

First nationalisation of commercial banks in India took place in 1969 and second time in 1980.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

15 6423
Q:

The length of a rectangular plot is increased by 50%, to keep its area unchanged, the width of the plot should be decreased by ______?

A) 29.87% B) 33.33%
C) 22.22% D) 19.5%
 
Answer & Explanation Answer: B) 33.33%

Explanation:

% Decrease in Width = 50150x100

 

= 33.33% 

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

13 6420
Q:

The Rupee sign '₹' was adopted by Government of India in the year?

A) 2009 B) 2010
C) 2011 D) 2012
 
Answer & Explanation Answer: B) 2010

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Josh borrowed $250 from his mother to buy an electric scooter. Josh will pay her back in 1 year with 3% simple annual interest. How much interest will Josh pay?

A) 7.50 B) 8.50
C) 9.50 D) 10.50
 
Answer & Explanation Answer: A) 7.50

Explanation:

I=prt/100

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

1 6415
Q:

Sriram was conducting an experiment in which the average of 11 observations came to be 92, while the average of first five observations was 89, and that of the last five was 86. What was the measure of the 6th observation ? 

A) 134 B) 137
C) 139 D) 141
 
Answer & Explanation Answer: B) 137

Explanation:
This can be done as,
 
(11 × 92)  -  (5 × 89)  -  (5 × 86) 
 
= 1012- 445 - 430 = 137
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Filed Under: Average
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

11 6415
Q:

Artist is to painting as senator is to

A) politician B) constituents
C) attorney D) law
 
Answer & Explanation Answer: D) law

Explanation:

As we know that an artist makes paintings, similarly, a senator makes laws.

 

Hence, Artist : Painting :: Senator : Law.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

5 6415