Bank Exams Questions

Q:

What is the SI on Rs.7500/- at the rate of 10% per annum for 5 years?

A) 3750 B) 2750
C) 1750 D) 750
 
Answer & Explanation Answer: A) 3750

Explanation:

S.I=PNR/100

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

Find the compound interest on Rs. 6,500 for 4 years if the rate of interest is 10% p.a. for the first 2 years and 20% per annum for the next 2 years? 

A) Rs. 3845 B) Rs. 4826
C) Rs. 5142 D) Rs. 4415
 
Answer & Explanation Answer: B) Rs. 4826

Explanation:

We know the formula for calculating

The compound interest C = P1 + r100n - 1 where P = amount, r = rate of interest, n = time

Here P = 5000, r1 = 10, r2 = 20

Then C = 65001 + 101002 x 1 + 201002 - 1= 6500 x 18562500= 65 x 185625

C = Rs. 4826.

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Q:

In which year, the first bank of India "Bank of Hindustan" was established ?

A) 1677 B) 1770
C) 1796 D) 1831
 
Answer & Explanation Answer: B) 1770

Explanation:

Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829-32.

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Exam Prep: Bank Exams , CAT
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3 5535
Q:

What is the difference between the compound interests on Rs. 5000 for 112 years at 4% per annum compounded yearly and half-yearly?

A) Rs.3.06 B) Rs.2.04
C) Rs.3.65 D) Rs.5.40
 
Answer & Explanation Answer: B) Rs.2.04

Explanation:

 C.I. when interest compounded yearly

Rs.5000*1+4100*1+12*4100

 Rs.5000*2625*5150

=Rs.5034

 

C.I. when interest iscompounded half-yearly 

 Rs.5000*1+21003

= Rs. 5306.04

Difference = Rs. (5306.04 - 5304) = Rs. 2.04

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

That which cannot be heard

A) Audible B) Edible
C) Disedible D) Inaudible
 
Answer & Explanation Answer: D) Inaudible

Explanation:

One word substitute for "That which cannot be heard" is Inaudible.

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

3 5529
Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

79, 159, 199, 219, ?

A) 229 B) 234
C) 239 D) 222
 
Answer & Explanation Answer: A) 229

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

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Q:

Crack the Logical #MathPuzzle?

24131501_1487128788060887_7609767785986555556_n1512621550.jpg image

Answer

From given data,


Rs. 1 = 40 strawberries => Rs. 2 = 80 strawberries


Rs. 5  = 1 apple => Rs. 95 = 19 apple.


Rs. 3 = 1 mango => Rs. 3 = 1, mango


Now, Total So 100 Rs = 100 Fruits.

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Subject: Math Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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Q:

Which of the following is not a plantation crop?

A) rubber B) coffee
C) gram D) coconut
 
Answer & Explanation Answer: C) gram

Explanation:

Gram is not a Plantation crop among the given options.

 

Plantation crops are known as cash crops. These crops are mostly grown at tropical and subtropical areas. These crops are grown for sale but not for local consumption. such crops include rubber, coffee, tea, various oil seeds, sugar cane,etc.

So, Gram is not a plantation crop.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
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