Bank Exams Questions

Q:

Townbank offers a term deposit account paying investors 12.5% p.a. simple interest on investments over $100 000 for 2 years or more. Peta decides to invest $150 000 in this account for 2 years. How much interest will Peta earn at the end of the investment?

A) 57500 B) 47500
C) 37500 D) 67500
 
Answer & Explanation Answer: C) 37500

Explanation:

I = (p x t x r)/100

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Filed Under: Simple Interest
Exam Prep: Bank Exams
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Q:

In a certain code language, "RAINBOW" is written as "1987645" and "SNAP" is written as "3790". How is "PIANO" written in that code language?

A) 8976 B) 8947
C) 8974 D) 8977
 
Answer & Explanation Answer: C) 8974

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

What is the political party of the president now?

A) BJP B) INC
C) BSP D) NCP
 
Answer & Explanation Answer: A) BJP

Explanation:

Ram Nath Kovind, the present President of India is from BJP, Bharatiya Janata Party.

The president of the Republic India is the head of state of India. He is also the commander-in-chief of Indian Armed Forces. He is indirectly elected by the people through members of both houses of the parliament of India, legislative assemblies of all the states of India, the legislative assembly of the Union

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What is the theme of 2017 World Migratory Bird Day ?

A) Their future is our future – a healthy planet for migratory birds and people B) Networking for migratory birds
C) Energy: make it bird friendly D) Destination flyways: Migratory bird and Tourism
 
Answer & Explanation Answer: A) Their future is our future – a healthy planet for migratory birds and people

Explanation:

World Migratory Bird Day (WMBD) was initiated in 2006 and is an annual awareness-raising campaign highlighting the need for the conservation of migratory birds and their habitats. It has a global outreach and is an effective tool to help raise global awareness of the threats faced by migratory birds, their ecological importance, and the need for international cooperation to conserve them.

Day for World Migratory Bird Day celebrations is 10 May.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

A train 150 m long is running with a speed of 68 km/h. In what time will it pass a man who is running at 8 km/ h in the same direction in which the train is going?

A) 8 sec B) 8.5 sec
C) 9 sec D) 9.5 sec
 
Answer & Explanation Answer: C) 9 sec

Explanation:

Relative speed = 68-8 = 60 km/hr = 60 X 5 / 18 m/s = 50/3 m/s

Total distance = 150 m

Time taken to pass a man running in same direction = 150 X 3/50 = 9 seconds

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Filed Under: Problems on Trains
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Q:

88%of 370 +24% of 210-x =118 find x

Answer

From the given equation,


88x370/100 + 24x210/100 - 118 = x


=> x = 325.6 + 50.4 - 118


x = 258.

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Subject: Database Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

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Q:

Sanjay's test marks in two subjects, English and Hindi are in the ratio 7 : 11. If he got 20 marks more in Hindi than in English, what are his marks in English?

A) 35 B) 55
C) 45 D) 65
 
Answer & Explanation Answer: A) 35

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

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Q:

A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan is due in seven months

A) 15612.50 B) 14612.50
C) 13612.50 D) 17612.50
 
Answer & Explanation Answer: A) 15612.50

Explanation:

We have P = 15 000, r = 0.07 and since the actual date the loan was taken out
is not given, we use t =7/12

I = Prt=$15 000* 0.07* 7/12 = $612.50

Amount repaid = Future or accumulated value,

S = P + I = $15 000 + $612.50 = $15 612.50

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Filed Under: Simple Interest
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Job Role: Bank PO

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