Bank PO Questions


Q:

Arun and Varun started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, Akhil joined them with Rs. 20,000. What will be Varun's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ?

A) Rs. 7500 B) Rs. 4520
C) Rs. 8750 D) Rs. 6350
 
Answer & Explanation Answer: A) Rs. 7500

Explanation:

Arun : Varun : Akhil = (20000 x 24) : (15000 x 24) : (20000 x 18) = 4:3:3

B's share = 25000 x 3/10 = Rs. 7500.

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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5 9913
Q:

The main aim of SAARC is

A) Regional Cooperation B) Internal affairs
C) Non-alignity D) Peaceful Coexistence
 
Answer & Explanation Answer: A) Regional Cooperation

Explanation:

SAARC means The South Asian Association for Regional Cooperation is the regional intergovernmental organization and geopolitical union of nations in South Asia.

It is founded in the yaer 1985. Its headquarters are in Kathmandu, Nepal.

 

Its member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams
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29 9903
Q:

Who introduced gold coins for the first time in India?

A) Kushanas B) Guptas
C) Mauryas D) Sakas
 
Answer & Explanation Answer: A) Kushanas

Explanation:
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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
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15 9894
Q:

What mouse walks on 2 legs?

A) Anonymouse B) Annabelle
C) House mouse D) Micky mouse
 
Answer & Explanation Answer: D) Micky mouse

Explanation:

Micky mouse was the mouse that walks on 2 legs.

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Filed Under: Word Puzzles
Exam Prep: AIEEE , Bank Exams , GRE
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6 9891
Q:

Which acid is produced when milk gets sour?

A) Lactic acid B) Acetic acid
C) Tartaric acid D) Butyric acid
 
Answer & Explanation Answer: A) Lactic acid

Explanation:
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Filed Under: Chemistry
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11 9889
Q:

A salesman calculated his profit on the marked price and finds it to be 30%. He forgets the fact that he gave a discount of 20%. What is his actual profit percentage?   

A) 260/11% B) 18.4%
C) 22.5% D) 100/7%
 
Answer & Explanation Answer: D) 100/7%

Explanation:

When profit is calculated on Marked Price (M.P) then,

      • C.P = M.P - P%

Let M.P = 100

 => C.P = 100 - 30 = 70

 But S.P = Rs. 80 as he gave 20% discount,

 Now, Actual Profit = 80-7070x100

  = 100/7 %

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

18 9872
Q:

Statement :

The 'X' state government has chalked out a plan for the underdeveloped 'Y' district where 80% of the funds will be placed in the hands of a committee of local representatives.

Courses of action :


I. The 'X' state government should decide guidelines and norms for the functioning of the committee.

II. Other state government may follow similar plan if directed by the Central government.

A) If only II follows B) If only I follows
C) If either I or II follows D) If neither I nor II follows
 
Answer & Explanation Answer: B) If only I follows

Explanation:

Once it is decided to place funds in the hands of the committee of local representatives, it is necessary to decide guidelines and norms for the functioning of the committee. Hence I follows. II is not related to the statement.

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Filed Under: Statement and Courses of Action
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5 9864
Q:

If a+b+c =21 what is the total number of positive integral solutions?

A) 109 B) 190
C) 901 D) 910
 
Answer & Explanation Answer: B) 190

Explanation:

Number of positive integral solutions =  n-1Cr-1 = C220 = 190

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Filed Under: Permutations and Combinations
Exam Prep: CAT , Bank Exams , AIEEE
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6 9862