Bank PO Questions


Q:

The difference between the compound interest and simple interest on an amount of Rs.15000 for two years is Rs.96. what is the rate of interest per annum

A) 8 B) 10
C) 12 D) 13
 
Answer & Explanation Answer: A) 8

Explanation:

[15000 *(1+r/100)^2-15000]-(15000*r*2)/100=96

r=8

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

2 6512
Q:

Statements : Government has spoiled many top ranking financial institutions by appointing bureaucrats as Directors of these institutions.

Conclusions :

a) Government should appoint Directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
b) The Director of the financial institute should have expertise commensurate with the financial work carried out by the institute.

A) Only a follows B) Only b follows
C) Both a & b follows D) Neither a nor b follows
 
Answer & Explanation Answer: C) Both a & b follows

Explanation:

According to the statement, Government has spoiled financial institutions by appointing bureaucrats as Directors. This means that only those persons should be appointed as Directors who are experts in finance and are acquainted with the financial work of the institute. So, both a and b follows.

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

2 6511
Q:

Heat transfer horizontally within the atmosphere is called

A) Convection B) Advection
C) Conduction D) Absorption
 
Answer & Explanation Answer: B) Advection

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

8 6508
Q:

Which type of forests occupies the highest percentage of area in India  ?

A) Savanna & desert vegetation B) Tropical deciduous
C) Tropical Rainforests D) Equatorial evergreen
 
Answer & Explanation Answer: B) Tropical deciduous

Explanation:

Tropical Deciduous Forests: They are also called the “Monsoon forests”. They grow in the areas with annual rainfall of 70-200 cm. Sandal wood, Shisam, Mahua, Sal, Teak and Bamboo are important species of trees. Moist deciduous and the dry deciduous forests are two major categories of these forests.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

32 6505
Q:

At the university entrance exam, a candidate is admitted according to whether he has passed or failed the test. Of the candidates who are really capable, 80 % pass the test and of the incapable, 30 % pass the test. Given that 40 % of the candidates are really capable, then the proportion of the really capable students who can pass the test to the total students who can pass is about ?

A) 11/24 B) 1/5
C) 16/25 D) 6/5
 
Answer & Explanation Answer: C) 16/25

Explanation:

If there are total 100 candidates,
40 candidates are really capable and
60 candidates are incapable.
Of the candidates who are really capable = 80%
40*(80/100)=32 pass the test and
of the incapable= 30%
60*(30/100)=18 pass the test.
Total candidates who passed the test = 32+18 = 50
The proportion of the really capable students who can pass the test to the total students who can pass = 32/50 = 16/25.

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Filed Under: Ratios and Proportions
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

5 6505
Q:

If a trader sold two cars each at Rs. 404415 and gains 15% on the first and loses 15% on the second, then his profit or loss percent on the whole is ?

A) 1.44 % B) 2.02 %
C) 1.04 % D) 2.25 %
 
Answer & Explanation Answer: D) 2.25 %

Explanation:

SP of each car is Rs. 404415, he gains 15% on first car and losses 15% on second car.

In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100
= (15)(15)/100 % = 2.25%
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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

4 6503
Q:

The percentage of irrigated land in India is about

A) 66% B) 35%
C) 71% D) 22%
 
Answer & Explanation Answer: B) 35%

Explanation:

According to World Bank Indicator India - Land use:

      • Agriculture Land - 1797090 sq. Km (about 60.4%). 
      • Forest Area - 677598 sq. Km. (about 22.08%). 
      • Agriculture Irrigated land - 35 %.



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Filed Under: Indian Geography
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: IT Trainer , Database Administration , Bank PO

16 6502
Q:

What lives in the winter dies in the summer?

A) Plants B) Animals
C) Icycle D) None of the above
 
Answer & Explanation Answer: C) Icycle

Explanation:

An icycle, a hanging spike of ice formed by the freezing of dripping water forms due to cool in winter and dies in summer due to hot.

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4 6501