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
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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9 4917
Q:

………….being poor, Kavitha still dresses more appropriately than most of her friends.

A) Although B) Inspite
C) Since D) Despite
 
Answer & Explanation Answer: D) Despite

Explanation:

Despite, Its meaning is "without effected by ", without effecting by their poverty, Kavitha still dresses more appropriately than most of her friends.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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6 4913
Q:

What goes up and down the stairs without moving?

A) Umbrella B) Lift
C) Stairs D) All the above
 
Answer & Explanation Answer: C) Stairs

Explanation:

Those are stairs which goes up and down without moving.

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4 4911
Q:

Kramer borrowed $4000 from George at an interest rate of 7% compounded semiannually. The loan is to be repaid by three payments. The first payment, $1000, is due two years after the date of the loan. The second and third payments are due three and five years, respectively, after the initial loan. Calculate the amounts of the second and third payments if the second payment is to be twice the size of the third payment.

A) 1389 B) 1359
C) 1379 D) 1339.33
 
Answer & Explanation Answer: D) 1339.33

Explanation:

Given:j=7% compounded semiannually making m=2 and i = j/m= 7%/2 = 3.5%
Let x represent the third payment. Then the second payment must be 2x.
PV1,PV2, andPV3 represent the present values of the first, second, and third payments.

Since the sum of the present values of all payments equals the original loan, then
PV1 + PV2  +PV3  =$4000 -------(1)

PV1   =FV/(1 + i)^n  =$1000/(1.035)^4=  $871.44

At first, we may be stumped as to how to proceed for
PV2 and PV3. Let’s think about the third payment of x dollars. We can compute the present value of just $1 from the x dollars

pv=1/(1.035)^10=0.7089188

PV2   =2x * 0.7089188 = 1.6270013x
PV3   =x * 0.7089188=0.7089188x
Now substitute these values into equation ➀ and solve for x.
$871.442 + 1.6270013x + 0.7089188x  =$4000

2.3359201x  =$3128.558

x=$1339.326
Kramer’s second payment will be 2($1339.326)  =$2678.65, and the third payment will be $1339.33

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

0 4909
Q:

How many four digits numbers greater than 6000 can be made using the digits 0, 4, 2, 6 together with repetition.

A) 64 B) 63
C) 62 D) 60
 
Answer & Explanation Answer: B) 63

Explanation:

Given digits are 0, 4, 2, 6

Required 4 digit number should be greater than 6000.

So, first digit must be 6 only and the remaining three places can be filled by one of all the four digits.

This can be done by

1x4x4x4 = 64

Greater than 6000 means 6000 should not be there.

Hence, 64 - 1 = 63.

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Filed Under: Permutations and Combinations
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18 4908
Q:

Who has been appointed as the chairman of Syndicate Bank in August 2017 ?

A) Rudra Narayan Kar B) R N Dubey
C) Melwyn Rego D) Ajay Vipin Nanavati
 
Answer & Explanation Answer: D) Ajay Vipin Nanavati

Explanation:

The Appointments Committee of the Cabinet has approved Ajay Vipin Nanavati appointment as Non-Official Director/Non-Executive Chairman in Syndicate Bank for three years. Melwyn Rego as MD & CEO of Syndicate bank.

As the chairman became responsible for overall policy directions, the managing director and chief executive officer became the executive head, accountable for day-to-day functioning of the bank.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
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3 4908
Q:

A fixture is defined as a device which

A) is used to check the accuracy of workpiece B) holds and locates a workpiece and guides and controls one or more cutting tools
C) holds and locates a workpiece during an inspection or for a manufacturing operation D) All of the above
 
Answer & Explanation Answer: B) holds and locates a workpiece and guides and controls one or more cutting tools

Explanation:

A_fixture_is_defined_as_a_device_which1551357222.jpg image

A fixture is defined as a device which holds and locates a workpiece and guides and controls one or more cutting tools.

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Filed Under: Physics
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1 4905
Q:

The number of solutions of the equation logx2x2+40log4xx-14log16xx3=0 is:

A) 0 B) 1
C) 2 D) 3
 
Answer & Explanation Answer: D) 3

Explanation:
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Filed Under: Logarithms
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14 4904