Bank Exams Questions

Q:

Mr. Shankar spends 25% of his monthly salary on household expenditure, 20% of the remaining on children’s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Shankar ?

A) Rs. 34000 B) Rs. 31245
C) Rs. 24315 D) Rs. 28000
 
Answer & Explanation Answer: D) Rs. 28000

Explanation:

Let the monthly salary of Shankar be = Rs.x
Amount invested on expenditure = 25% = x/4;
Remaning amount = 3x/4;
Amount invested on children education = 20% i.e = 3x/20;
Remaining amount = 3x/4 - 3x/20 = 3x/5;
Remaining amount invested in three different schemes i.e is 1/3(3x/5)
=> x/5 = 5600
Therefore x = 28000
Hence, Monthly salary of Shankar is Rs. 28,000.

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

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Q:

Example:Given an amount needed(future value) of $3300 in 4 years at an interest rate of 11% compounded anually,Find the present value and the amount of interest earned

A) 1126.19 B) 1237
C) 2863 D) 1892
 
Answer & Explanation Answer: A) 1126.19

Explanation:

M=P(1+i)^n

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

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Q:

Which word in the dictionary is spelled incorrectly?

Answer

Incorrectly is the only word which is spelled incorrectly in the dictionary.

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Subject: Alphabet Test Exam Prep: AIEEE , Bank Exams , GRE , TOEFL
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Q:

'Sheqel' is the currency of 

A) Israel B) Kenya
C) Iraq D) Iran
 
Answer & Explanation Answer: A) Israel

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

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Q:

Which class is used to indicate Black Navigation Bar ?

A) .navbar-inverse B) .navbar-black
C) .navbar-dark D) .navbar-default
 
Answer & Explanation Answer: A) .navbar-inverse

Explanation:

.navbar-inverse is used to display in black color.

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Filed Under: .NET
Exam Prep: Bank Exams
Job Role: Analyst , IT Trainer

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Q:

Who has won the 2017 Man Booker International Prize  ?

A) Roy Jacobsen B) Amos Oz
C) David Grossman D) Ian Samsom
 
Answer & Explanation Answer: C) David Grossman

Explanation:

David Grossman has become the first Israeli author to win the 2017 Man Booker International prize for his novel “A Horse Walks Into a Bar”. The novel was translated by Jessica Cohen and is published in Britain by Jonathan Cape. The book is an ambitious high-wire act of a novel that shines a spotlight on the effects of grief, without any hint of sentimentality. Since 2016, the Man Booker International Prize awards both the winning author and translator £25,000. To be considered for the prize, books had to be translated into English and published in the UK between May 1, 2016 and April 30, 2017.

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Filed Under: Honours and Awards
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

In a certain code language, "SPARROW" is written as "1326654", and "RING" is written as "6978". How is "RAINS" written in that code language?

A) 62971 B) 62972
C) 62917 D) 62977
 
Answer & Explanation Answer: A) 62971

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

Shiva purchased 280 kg of Rice at the rate of 15.60/kg and mixed it with 120 kg of rice purchased at the rate of 14.40/kg. He wants to earn a profit of Rs. 10.45 per kg by selling it. What should be the selling price of the mix per kg?

A) Rs. 22.18 B) Rs. 25.69
C) Rs. 26.94 D) Rs. 27.54
 
Answer & Explanation Answer: B) Rs. 25.69

Explanation:

Rate of rice of quantity 280 kg = Rs. 15.60/kg

Rate of rice of quantity 120 kg = Rs. 14.40/kg

He want to earn a profit of Rs. 10.45/kg

Rate of Mix to sell to get profit of 10.45 =  

 

280 x 15.60 + 120 x 14.40280 + 120 + 10.454368 + 1728400 + 10.45=> 15.24 + 10.45= 25.69 

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Filed Under: Alligation or Mixture
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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