Bank PO Questions and Answers with Explanation, Job Roles

Q:

Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit

A) Rs.8820	B) Rs.8620
C) Rs.8520	D) Rs.8320

Answer & Explanation Answer: A) Rs.8820

Explanation:

Amount = $R s . [8000 * {(1 + \frac{5}{100})}^{2}]$ =Rs.8820

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

12 15689

Q:

A group consists of 4 men, 6 women and 5 children. In how many ways can 2 men , 3 women and 1 child selected from the given group ?

A) 600	B) 610
C) 609	D) 599

Answer & Explanation Answer: A) 600

Explanation:

Two men, three women and one child can be selected in ⁴C₂ x ⁶C₃ x ⁵C₁ ways = 600 ways.

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Filed Under: Permutations and Combinations
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

6 15675

Q:

What is the principal sum?
I. The sum amounts to Rs. 690 in 3 years at S.I.
II. The sum amounts to Rs. 750 in 5 years at S.I.
III. The rate of interest is 5% p.a.

A) I and III only	B) II and III only
C) I and II only	D) Any two of the three

Answer & Explanation Answer: D) Any two of the three

Explanation:

Clearly, any of the three will give us the answer

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

11 15670

Q:

The area of a square field is 69696sq.cm..its diagonal will be equal to

A) 373	B) 573
C) 473	D) 673

Answer & Explanation Answer: A) 373

Explanation:

$d = \sqrt{2 * s} = > d = \sqrt{2 * 69696}$

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

9 15667

Q:

First Indian woman to participate in Olympics?

A) Karnam Malleswari	B) Mary Kom
C) P.V. Sindhu	D) Geeta Phogat

Answer & Explanation Answer: A) Karnam Malleswari

Explanation:

The first Indian woman to ever win an Olympic medal was Karnam Malleswari who won a bronze medal at the Sydney Olympics in the Women's 69 kg category in Weightlifting.

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

24 15663

Q:

If the perimeters of a square and a rectangle are the same, then the area a & b enclosed by them would satisfy the condition:

A) a	B) a>b
C) a=b	D) none

Answer & Explanation Answer: B) a>b

Explanation:

Take a square of side 4cm and a rectangle having l=6cm and b=2cm

then perimeter of square = perimeter of rectangle

area of square = 16 sq.cm

area of rectangle = 12 sq.cm

Hence a >b

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Filed Under: Area
Exam Prep: Bank Exams
Job Role: Bank PO

8 15654

Q:

If the rate increases by 2%, the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs.180. The sum is ?

A) Rs. 540	B) Rs. 415
C) Rs. 404	D) Data is not sufficient

Answer & Explanation Answer: D) Data is not sufficient

Explanation:

Let the sum be Rs. p, rate be R% p.a. and time be T years.

Then,

$(\frac{P \times T \times (R + 2)}{100}) - (\frac{P \times T \times R}{100}) = 108 \Rightarrow 2 P T = 10800 . . . . . . (1)$

And,

$(\frac{P \times R \times (T + 2)}{100}) - (\frac{P \times R \times T}{100}) = 180 \Rightarrow 2 P R = 18000 . . . . . . (2)$

Clearly, from (1) and (2), we cannot find the value of p
So, the data is not sufficient.

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Filed Under: Simple Interest
Exam Prep: GRE , GATE , CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

11 15625

Q:

Find the surface area of a10cm x 4cm x 3cm brick

A) 84	B) 124
C) 164	D) 180

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