Bank PO Questions


Q:

The cost price of three varieties of mangoes namely M, N and O is Rs. 20/kg, Rs. 40/kg and Rs. 50/kg respectively. Find the selling price of one kg of mango in which these three varieties of mangoes are mixed in the ratio of 2 : 3 : 5 such that there is a net profit of 20%?

A) Rs. 47 B) Rs. 49.2
C) Rs. 48.5 D) Rs. 50.3
 
Answer & Explanation Answer: B) Rs. 49.2

Explanation:

Total cost of all varieties of mangoes = 20 x 2 + 40 x 3 + 50 x 5 = 40 + 120 + 250 = Rs. 410

Then, cost of 1 kg mangoes = 410/10 = Rs. 41

To get 20% profit,

The rate at which the mangoes should be sell = 120/100 x 41 = Rs. 49.2

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15 6238
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 6237
Q:

GDP can be calculated by summing

A) Consumption, investment, government purchases, and net exports B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports D) Consumption, investment, wages, and rent
 
Answer & Explanation Answer: A) Consumption, investment, government purchases, and net exports

Explanation:

Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.

Simply, GDP is a broad measurement of a nation’s overall economic activity. 

It is calculated by summation of Consumption, investment, government purchases, and net exports.

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

5 6228
Q:

In an old Palace there are 50 stairs to go on top floor. Each is 20 cm high, 30 cm wide and 60 cm long. If all the stairs are re-plastered at the rate of Rs. 4 per 100 sq.cm. What is the expenditure ?

A) Rs. 4680 B) Rs. 7600
C) Rs. 6000 D) Rs. 5480
 
Answer & Explanation Answer: C) Rs. 6000

Explanation:

Total are of all stairs = 50 (20x60 + 30x60)

= 50 (1200 + 1800)

= 50 x 3000

= 150000 sq cm.

Given rate of 100 sq cm = Rs. 4

Then for 150000 sq. cm = ?

=> 4 x 150000/100 = Rs. 6000

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

11 6222
Q:

If log330 = 1a  and  log530=1b then the value of 3log302 is:

A) 3(1+a+b) B) 2(1-a-b)
C) 3(1-a-b) D) 3(1+a-b)
 
Answer & Explanation Answer: C) 3(1-a-b)

Explanation:
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Filed Under: Logarithms
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

25 6221
Q:

What was the symbol of death of gautama buddha?

A) Stupa B) Bodhi tree
C) Lion D) Chaitya
 
Answer & Explanation Answer: A) Stupa

Explanation:

Stupa represents the symbol of death of Gautama Buddha. On the other hand, Bodhi Tree is the symbol of nirvana of Gautama Buddha.

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

3 6216
Q:

What position did Babe Ruth play

A) Only 1st base B) Both pitcher and out fielder
C) Only out fielder D) Only pitcher
 
Answer & Explanation Answer: B) Both pitcher and out fielder

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

1 6215
Q:

A tank is filled in eight hours by three pipes K, L and M. Pipe K is twice as fast as pipe L, and L is twice as fast as M. How much time will pipe L alone take to fill the tank ?

A) 32 hrs B) 24 hrs
C) 28 hrs D) 26 hrs
 
Answer & Explanation Answer: C) 28 hrs

Explanation:

1/K + 1/L + 1/M = 1/8 (Given)
Also given that K = 2L and L = 2M
=> 1/2L + 1/L + 2/L = 1/8
=> (1 + 2 + 4)/2L = 1/8
=> 2L/7 = 8
=> L = 28 hours.

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

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