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Bank PO Questions

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Q:

How much money would you need to deposit today at 9% annual interest compounded monthly to have $12000 in the account after 6 years?

A) 9007 B) 4007
C) 7007.08 D) 8oo7
 
Answer & Explanation Answer: C) 7007.08

Explanation:

FV=P(1+r/n)^nt

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

0 5791
Q:

Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them?

a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7.

b. Pranay's share in the profit is Rs. 8750.

A) Only a is sufficient B) Neither a nor b is sufficient
C) Only b is sufficient D) Both a and b sufficient
 
Answer & Explanation Answer: D) Both a and b sufficient

Explanation:

Given Pranay's profit in the share is Rs. 8750

But given that their investments are in the ratio 2:4:7

713×P = 8750

P = 16250


Now Anand's share = 413×16250 = Rs.5000

Thus both staements a and b are sufficient to answer this question.

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Filed Under: Partnership
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

3 5786
Q:

Which of the following was most probably the first metal to be used in India?

A) copper B) Gold
C) Siver D) Iron
 
Answer & Explanation Answer: A) copper

Explanation:

The earliest historic evidences of use of metal are of Chalcolithic Age or Stone-Copper Age, which covered the period from 1800 - 800 BC. This period was by the use of Copper as well as stone.

 

Hence, the first metal to be used in India is Copper.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

6 5779
Q:

_______has conferred the 'Best Performance Award' for 2015-16 and 2016-17 to Karnataka VIKAS GRAMEEN Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs).

A) RBI B) RRB
C) NABARD D) SBI
 
Answer & Explanation Answer: C) NABARD

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

8 5776
Q:

An express train takes 4 seconds to enter tunnel which is 1 km long. If it is traveling at 108 km an hour, how long will it take to pass completely through the tunnel ?

A) 33 sec B) 37.33 sec
C) 36.43 sec D) 32 sec
 
Answer & Explanation Answer: B) 37.33 sec

Explanation:

Speed = 108 km/hr
enter a tunnel,, means that the train covers a distance equal to its own length
so (108 x 5/18) = x/4 where x= length of train
hence x = 120 mtrs
to pass completely train has to travel a distance = (x + tunnel length) that is 1120 mtrs.
so (1120/t) = (108x5/18)
t = 37.33 sec

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Filed Under: Problems on Trains
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

6 5775
Q:

Priya can do a work in 16 days. In how many days will the work be completed by Sai, if the efficiency of Sai is 60% more than that of Priya ?

A) 8 days B) 12 days
C) 14 days D) 10 days
 
Answer & Explanation Answer: D) 10 days

Explanation:

Ratio of efficiencies of Priya and Sai is

Sai : Priya = 160 : 100 = 8 : 5

Given Priya completes the work in 16 days

Let number of days Sai completes the work be 'd'

=> 5×16 = 8×d

d = 10 days.

Therefore, number of days Sai completes the work is 10 days.

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

13 5773
Q:

A six-digit number is formed by repeating a three-digit number; for example, 404404 or 415415 etc. Any number of this form is always exactly divisible by 

A) 101 B) 901
C) 1001 D) 789
 
Answer & Explanation Answer: C) 1001

Explanation:

Here by trial and error method, we can obseve that

404404 = 404 x 1001; 415415 = 415 x 1001, etc.

So, any number of this form is divisible by 1001.

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

7 5766
Q:

Ratio between heights of two cylinder in the ratio 3:5. Their volumes are in the ratio 27:80. Find ratio between their radius ?

A) 1:3 B) 2:1
C) 3:4 D) 4:7
 
Answer & Explanation Answer: C) 3:4

Explanation:

bank

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Filed Under: Volume and Surface Area
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

14 5762