Bank Exams Questions

Q:

When $720 is invested for 36 months it earns $205.20 simple interest. Find the yearly interest rate.

A) 7.5% B) 8.5%
C) 9.5% D) 10.5%
 
Answer & Explanation Answer: C) 9.5%

Explanation:

r = (100 x I)/(P x T)

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Filed Under: Simple Interest
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Q:

Oscar Awards are conferred annually by

A) Academy of Motion Pictures, arts and sciences, USA B) Hollywood Foreign Press Association
C) Government of United States D) None
 
Answer & Explanation Answer: A) Academy of Motion Pictures, arts and sciences, USA

Explanation:
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Filed Under: Honours and Awards
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Q:

Manideep purchases 30kg of barley at the rate of 11.50/kg and 20kg at the rate of 14.25/kg. He mixed the two and sold the mixture in the shop. At what price per kg should he sell the mixture to make 30% profit to him ?

A) 15.84 B) 14.92
C) 13.98 D) 16.38
 
Answer & Explanation Answer: D) 16.38

Explanation:

Given, Manideep purchases 30kg of barley at the rate of 11.50/kg nad 20kg at the rate of 14.25/kg.

Total cost of the mixture of barley = (30 x 11.50) + (20 x 14.25)

=> Total cost of the mixture = Rs. 630

Total kgs of the mixture = 30 + 20 = 50kg

Cost of mixture/kg = 630/50 = 12.6/kg

To make 30% of profit

=> Selling price for manideep = 12.6 + 30% x 12.6

=> Selling price for manideep = 12.6 + 3.78 = 16.38/kg.

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Filed Under: Alligation or Mixture
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Q:

The value of Gold is determined in

Answer

The gold prices in India are determined according to the international market in the following way:


- The price of gold in USD is taken as a base price. Depending on the value of indian rupee as compared to USD (eg- 1 USD= ₹63), the price of gold is converted into rupees.


- The import duties on gold are added to obtain the final price of gold.


 



  • Gold is a global commodity. In the international market, the price of gold is determined by the forces of demand and supply. Higher demand leads to higher price and vice versa. Higher supply leads to lower price and vice versa.

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Subject: General Awareness Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

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Q:

In a particular week the average number of people who visited the Park is 40. If we exclude the holidays then the average is increased by 16. Further if we exclude also the day on which the maximum number of 112 people visited the Park, then the average becomes 42. The number of holidays in the week is

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

Explanation:
Total number of people = 40 * 7 = 280
(7 -n)*(40+16) = 280 
(7 -n)*56 = 280

7-n = 5

Number of holidays = 2

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Filed Under: Average
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Q:

Equal distance is covered by a boat in upstream and in downstream in total 5 hours. Sum of speed of a boat in upstream and downstream is 40 km/hr. Speed of boat in still water is 600%
more than the speed of stream. Find theapproximate distance covered by boat in downstream (in km).

A) 45 B) 50
C) 55 D) 60
 
Answer & Explanation Answer: B) 50

Explanation:

let speed of boat= X, speed of stream= Y
Upstream speed= X-Y
Downstream speed= X+Y
Sum of upstream & downstream= (X-Y) +(X+Y)= 2X
So, 2X= 40
X= 20 km/hr
Speed of boat : speed of stream= 600+100 :100= 7:1
So speed of Stream= 20/7 km/hr
ATQ, D/( X-Y) + D/( X+Y) = 5
D/(120/7) + D/(160/7)= 5
D= 480×5/49= 48.97 km= 50 Km(approx)

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Filed Under: Boats and Streams
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Q:

Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?

A) loss of 24% B) gain of 28%
C) loss of 28% D) gain of 20%
 
Answer & Explanation Answer: B) gain of 28%

Explanation:

Money invested by Rajan before 1 year was = Rs. 100000

Money in UK pounds @ 75 is = 100000/75 = 1333.33 Pounds

 

Now, after 1 year invested amount was appreciated by 20%

=> 20% of 1333.33 = 266.66

 

Total investment becomes = 1333.33 + 266.66 = 1600 Pounds

This 1600 Pounds @ Indian currency at 80 = 1600 x 80 = Rs. 1,28,000

 

Hence, Rajan's investment of Rs. 1,00,000 becomes Rs. 1,28,000 in 1 year

 

Therefore, his profit % = [(128000 - 100000)/100000] x 100 = 28%.

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Filed Under: Profit and Loss
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Q:

The Yarlung Zangbo river in India is known as

A) Godavari B) Brahmaputra
C) Ganga D) Indus
 
Answer & Explanation Answer: B) Brahmaputra

Explanation:

The Yarlung Zangbo river in India is known as Brahmaputra. The river Brahmaputra in China is called Yarlung Tsangpo or Yarlung Zangbo river. In Assam and Arunachal Pradesh it is called Lohit or luit meaning blood.

the_yarlung_zangbo_river_in_india_is_known_as1560848958.jpg image 

The Brahmaputra is one of the major rivers of Asia, a trans-boundary river which flows through China, India and Bangladesh.

 

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Filed Under: Indian Geography
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