4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Which state has launched an outreach programme called ‘Duare Sarkar’?

A) Assam	B) Odisha
C) Chhattisgarh	D) West Bengal

Answer & Explanation Answer: D) West Bengal

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

2 32721

Q:

The difference between the simple interest on a certain sum at the rate of 10%per annum for 2 years and compound interest which is compounded every 6 months is Rs.124.05. what is the principal sum

A) Rs.6000	B) Rs.8000
C) Rs.12000	D) none of these

Answer & Explanation Answer: B) Rs.8000

Explanation:

Compound Interest on P at 10% for 2 years when interest is compounded half-yearly

= $P {(1 + \frac{\frac{R}{2}}{100})}^{2 T} - P = P {(1 + \frac{1}{20})}^{4} - P = P {(\frac{21}{20})}^{4} - P$

Simple Interest on P at 10% for 2 years = $\frac{P R T}{100} = \frac{P \times 10 \times 2}{100} = \frac{P}{5}$

Given that difference between compound interest and simple interest = 124.05

$P * {(\frac{21}{20})}^{4} - P - \frac{P}{5} = 124.05$

=> $P [{(\frac{21}{20})}^{4} - 1 - \frac{1}{5}] = 124.05$

P=8000

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

61 32719

Q:

In October 2017, ‘PFMS’ was made mandatory. It will help to ______

A) provide security to schemes	B) Monitor fund flow to schemes
C) To describe benefit of schemes	D) No option is correct

Answer & Explanation Answer: B) Monitor fund flow to schemes

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 32712

Q:

Select the related word/letters/numbers from the given alternatives:

DCEF : QPRS :: XWYZ : ?

A) SRQP	B) NMOP
C) STOV	D) IMGF

Answer & Explanation Answer: B) NMOP

Explanation:

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Filed Under: Analogy
Exam Prep: Bank Exams

0 32707

Q:

The sum of a proper fraction and its reciprocal is 61/30. Find the fraction.

A) 1/3	B) 5/6
C) 3/10	D) 3/5

Answer & Explanation Answer: B) 5/6

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Filed Under: Problems on Numbers
Exam Prep: Bank Exams

0 32702

Q:

Select the alternative that shows a different relationship as the given pair

Crude : Raw

A) Isolation : Separation	B) Distinguished : August
C) Assert : Hide	D) Stop : Conclude

Answer & Explanation Answer: C) Assert : Hide

Explanation:

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Filed Under: Analogy
Exam Prep: Bank Exams

1 32693

Q:

Select the related word/letters/number from the given alternatives.

8 : 32: : 6 : ?

A) 31	B) 22
C) 18	D) 21

Answer & Explanation Answer: C) 18

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Filed Under: Analogy
Exam Prep: Bank Exams

0 32684

Q:

In the following question, select the related letter/letters from the given alternatives.

PGY : JAS : : VIK : ?

A) PCD	B) RDE
C) PCE	D) RDF

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