Bank Exams Questions

Q:

A watch which gains uniformly is 2 minutes low at noon on Tuesday and is 4 min 48 sec fast at 2 p.m. on the following Tuesday. When was it correct ?

A) 12 p.m. on Wednesday B) 2 p.m. on Thursday
C) 3 p.m. on Thursday D) 2 p.m. on Wednesday
 
Answer & Explanation Answer: B) 2 p.m. on Thursday

Explanation:

Time from 12 p.m. on Tuesday to 2 p.m. on the following Tuesday = 7 days 2 hours.
= 170 hours.
The watch gains = (2 + 4 x 4/5) min
= 34/5 min. in 170 hrs.
Now, 34/5 min are gained in 170 hrs.
Then, 2 min are gained in (170 x 5/34 x 2) hrs.
Watch is correct after 2 days 2 hrs after 12 p.m. on Tuesday, i.e., it will be correct at 2 p.m. on Thursday.

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Filed Under: Clocks
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Q:

What is a direct result of aerobic respiration?

A) The enzymes for anaerobic respiration are produced and stored in lysosomes B) Alcohol is produced by yeast and bacteria
C) The potential energy of glucose is transferred to ATP molecules D) Lactic acid is produced in muscle tissue
 
Answer & Explanation Answer: C) The potential energy of glucose is transferred to ATP molecules

Explanation:

Aerobic respiration is the reaction takes place in presence of oxygen which quite opposite to anerobic. The direct result of aerobic repiration is ATP molecules from breakdown of glucose molecules.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams
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4 4883
Q:

What is the profit or loss % when a shopkeeper bought 4 mangoes for Rs. 6 and sold them @ 4 mangoes for Rs. 4?

A) 36.333% B) 33.666%
C) 33.333% D) 36.666%
 
Answer & Explanation Answer: C) 33.333%

Explanation:

Cost of 4 mangoes = Rs. 6 

Cost of 1 mango = Rs. 6/4 = Rs. 1.5

Now, Selling Price of 4 mangoes = Rs. 4

Selling Price of 1 mango = Rs. 4/4 = Rs. 1.0

 

      • We observe that, S.P < C.P

 

Hence, the shopkeeper incurs a loss.

 

Required loss% = loss/C.P x 100

Loss = 1.5 - 1 = 0.5

C.P = 1.5

Loss% = (0.5/1.5) x 100

 = (5/15) x 100

 = 1/3 x 100

 = 100/3

 = 33.333%.

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Filed Under: Profit and Loss
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24 4880
Q:

Who is known as inventor of World Wide Standard Time ?

A) Sandford Fleming B) Fredrich
C) Williamson D) James Broot
 
Answer & Explanation Answer: A) Sandford Fleming

Explanation:

Sir Sandford Fleming, (January 7, 1827 – July 22, 1915) was a Scottish Canadian engineer and inventor. Born and raised in Scotland, he emigrated to colonial Canada at the age of 18. He proposed worldwide standard time zones, designed Canada's first postage stamp.

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Filed Under: Inventions
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11 4878
Q:

Selling price of a cellphone is increased by 20%. For this sale is decreased by 30%. Find the effect of total sales?

A) 16% B) 14.5%
C) 12% D) 10.5%
 
Answer & Explanation Answer: A) 16%

Explanation:

Let cost of each cell phone = Rs.100 & Sale = 100 phones.

Money receipt = Rs.(100 x 100) = Rs.10,000

New cost per cellphone = Rs.120 and New sale = 70 phones

New Money Receipt = Rs.(70 x 120) = Rs.8400

Then the effect of sales = decrease in money receipt = 

160010000 x 100 = 16%.

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Filed Under: Profit and Loss
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Q:

Mr. and Mrs. Espedido’s property taxes, amounting to $2450, are due on July 1.What amount should the city accept if the taxes are paid eight months in advance and the city can earn 6% compounded monthly on surplus funds?

A) 2354.17 B) 2354
C) 2376 D) 2389
 
Answer & Explanation Answer: A) 2354.17

Explanation:

i=j/m

PV=  FV(1+  i)^-n 

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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1 4873
Q:

Which is a common first indicator of an approaching thunderstorm?

A) too hot B) heavy wind
C) a buildup of dark clouds D) lightning
 
Answer & Explanation Answer: C) a buildup of dark clouds

Explanation:

The first indicator of an approaching thunderstorm is a buildup of dark clouds.

A thunderstorm is a storm with lightning and thunder; it is usually produced by heavy rain, gusty wind, and the cumulonimbus cloud. The thunderstorm is made up of moisture, unstable air and lift.

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Filed Under: Physics
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2 4871
Q:

Chennai express left Hyderabad for Chennai at 14 : 30 hours, travelling at a speed of 60 kmph and Charminar Express left Hyderabad for Chennai on the same day at 16 : 30 hours, travelling at a speed of 80 kmph. How far away from Hyderabad will the two trains meet? 

A) 360 kms B) 480 kms
C) 520 kms D) 240 kms
 
Answer & Explanation Answer: B) 480 kms

Explanation:

Now, the distance covered by Chennai express in 2 hrs = 60 x 2 = 120 kms

Let the Charminar Express takes 't' hrs to catch Chennai express

=> 80 x t = 60 x (2 + t)

=> 80 t = 120 + 60t

=> t = 6 hrs

 

Therefore, the distance away from Hyderabad the two trains meet = 80 x 6 = 480 kms.

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