Bank Exams Questions

Q:

A loan is made for $4800 with an APR of 12% and payments made monthly for 24 months. What is the payment amount? What is the finance charge?

A) 622.80 B) 522.80
C) 322.80 D) 632.80
 
Answer & Explanation Answer: A) 622.80

Explanation:

{\color{Blue} A=R\left [(1+i)^{n-1} \right ]/i ( 1+i )^{n}}

 

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

90 D in RA?

Answer

90 D in RA means 90 Degrees in Right Angle. It is a logic question which is to be eloborated.


 


Some more of its kind are:


1. 52 W in a Y     -    52 Weeks in a Year


2. 7 C in a R        -    7 Colours in a Rainbow


3. 9 P in SS


4. 5 C in an OF


5. 12 S of the Z

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Q:

The country with longest coastline in the world is

A) Canada B) Norway
C) Russia D) Greenland
 
Answer & Explanation Answer: A) Canada

Explanation:

Canada has the longest coastline than any other countries in the world. It measures 1,51,020 miles long approximately. Norway, Indonesia, Greenland and Russia being in 2, 3, 4 and 5th places.

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Filed Under: Longest, Shortest, Deepest
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

I have a face but no eyes Puzzle

I_have_a_face_but_no_eyes1530871833.jpg image

Answer

A Clock has a face, but no eyes. It has 3 hands i.e, hours, minutes and seconds hands but no arms.

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What number missed in the given Number Series ?  

19420676_1344419765665124_2975530705548683226_n1499838926.jpg image

A) 15 B) 13
C) 21 D) 16
 
Answer & Explanation Answer: A) 15

Explanation:

Two series alternate here, with every third number following a different pattern.
In the main series, 4 is added to each number to arrive the next.
In alternate series, 5 is subtracted from each number t arrive the next number.
Here in the main series 
3 + 4 = 7
7 + 4 = 11
11 + 4 = 15
15 + 4 = 19

In alternate series 
24 - 5 = 19
19 - 5 = 14...

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Filed Under: Number Puzzles
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

A man wills 25% of his wealth to charity and rest to his family. What percent of the wealth willed to charity does the family get?

A) 200 B) 33.3
C) 300 D) 25
 
Answer & Explanation Answer: C) 300

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

World Population Day is observed on ____ ?

A) 9 July B) 11 July
C) 15 July D) 4 July
 
Answer & Explanation Answer: C) 15 July

Explanation:

World Population day is an annual event, observed on July 11 every year, which seeks to raise awareness of global population issues. 

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Which is not associated with areas of karst topography?

A) flowing rivers B) sinkholes
C) sinking streams D) caverns
 
Answer & Explanation Answer: A) flowing rivers

Explanation:

A karst topography is that which composes of limestone and its associated features and structures. Karst topography and caves develop in limestone rocks due to their solubility in dilute acidic groundwater. The solubility of limestone in water and weak acid solutions leads to karst landscapes.

 

Flowing rivers, can be found in areas away from karst topography.

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