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Bank Exams Questions

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Q:

What is a Non-PO Invoice?

Answer

A non-po is an invoice which does not have po(purchase order).However, these invoices requires approval for authorized person/persons to process for payment.


What_is_a_Non-PO_Invoice1558075538.jpg image

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Subject: Accounts Payable Exam Prep: Bank Exams
Job Role: Bank Clerk , Bank PO

47 24461
Q:

Answer the questions based on the following information.

 

Six colleagues are sitting in a circle and are facing the center of the circle. Diana is between Puskar and Padma. Priyanka is between Mahesh and Lucky. Puskar and Mahesh are opposite to each other.

 

Who are the neighbours of Mahesh?

A) Puskar and Diana B) Diana and Priyanka
C) Priyanka and Padma D) Lucky and Priyanka
 
Answer & Explanation Answer: C) Priyanka and Padma

Explanation:
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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line MN, then which is the right image of the given figure?

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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Filed Under: Image Analysis
Exam Prep: Bank Exams

1 24401
Q:

Tennis is to Sport as Chemistry is to

A) Biology B) Physics
C) Science D) Subject
 
Answer & Explanation Answer: C) Science

Explanation:

As Tennis is a kind of Sport, similarly, Chemistry is a kind of science.

 

Hence, Tennis : Sport :: Chemistry : Science.

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

13 24391
Q:

Arrange the given words in the sequence in which they occur in the dictionary.

 

1. Vicinity

2. Victory

3. Vanity

4. Vapour

5. Variety

 

A) 34512   B) 12345  
C) 54231   D) 42315
 
Answer & Explanation Answer: A) 34512  

Explanation:
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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

2 24366
Q:

A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year

A) Rs.5624.32 B) Rs.5423
C) Rs.5634 D) Rs.5976
 
Answer & Explanation Answer: A) Rs.5624.32

Explanation:

 

 

 

5% is the rate of interest. 20% of the interest amount is paid as tax.

 

i.e  80% of the interest amount stays back.

 

 if we compute the rate of interest as 80% of 5% = 4% p.a., we will get the same value.

  

The interest accrued for 3 years in compound interest = 3 x simple interest on principal + 3 x interest on simple interest + 1 x interest on interest on interest.

 

= 3 x (200) + 3 x (8) + 1 x 0.32 =600 + 24 + 0.32 = 624.32

 

 

 

The amount at the end of 3 years = 5000 + 624.32 = 5624.32

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

26 24355
Q:

Which number will complete the series?

63, 72, 81, 90, ____, 108

A) 80 B) 99
C) 100 D) 117
 
Answer & Explanation Answer: B) 99

Explanation:
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Filed Under: Number Series
Exam Prep: Bank Exams

2 24351
Q:

The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount  is 3:2 . what is the discount percentage?

A) 16.66% B) 20%
C) 25% D) 33.33%
 
Answer & Explanation Answer: A) 16.66%

Explanation:

     CP : MP = 2x : 3x

 => Profit = x

 

( %) profit : (%) discount = 3:2

 

Let  CP = 2000,  SP = 300

 

But  3x100×200 + 2x100×300 = 100

 

=>  x = 8.33%

 

Discount 2x = 16.66% 

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

50 24348