Bank PO Questions


Q:

A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?

A) Rs. 40,000 B) Rs. 45,000
C) Rs. 42,000 D) Rs. 46,000
 
Answer & Explanation Answer: A) Rs. 40,000

Explanation:

Let his present earnings be Rs. p

ATQ,

(125/100) x (96/100) x (125/100) x (96/100) x (125/100) x p = 72000

p = Rs. 40,000.

Report Error

View Answer Report Error Discuss

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

27 4639
Q:

What is the probability of an impossible event?

A) 0 B) -1
C) 0.1 D) 1
 
Answer & Explanation Answer: A) 0

Explanation:

The probability of an impossible event is 0.

The event is known ahead of time to be not possible, therefore by definition in mathematics, the probability is defined to be 0 which means it can never happen.

 

The probability of a certain event is 1.

Report Error

View Answer Report Error Discuss

17 4637
Q:

In a class of 80 students and 5 teachers, each student got sweets that are 15% of the total number of students and each teacher got sweets that are 25% of the total number of students. How many sweets were there?

A) 1060 B) 960
C) 860 D) 760
 
Answer & Explanation Answer: A) 1060

Explanation:

From the given data,

80 x 15/100 of 80 + 5 x 80 x 25/100

= 960 + 100

= 1060.

Report Error

View Answer Report Error Discuss

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

8 4635
Q:

The Indian Subcontinent was partitioned into

A) India and Tibet B) Pakistan and Bangladesh
C) India and Bangladesh D) India and Pakistan
 
Answer & Explanation Answer: D) India and Pakistan

Explanation:

The partition of the Indian subcontinent into India and Pakistan after World War-II along the ''Radcliffe line'' following the Indian Independence Act of 1947 was based on religion conflicts.

 

Pakistan was a Muslim-majority country, while India's population consisted mostly of Hindus. Originally, Pakistan was divided into two regions, East Pakistan and West Pakistan. However, East Pakistan won its independence in 1971, and is now called Bangladesh.

Report Error

View Answer Report Error Discuss

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

13 4630
Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 19296 B) 19396
C) 19496 D) 19596
 
Answer & Explanation Answer: A) 19296

Explanation:

The single equivalent payment will be PV + FV.
FV = Future value of $10,000, 12 months later
 $10,000 *(1.0075)/12
 $10,938.07
PV=  Present value of $10,000, 24 months earlier
 $10,000/(1.0075)24
 $8358.31
The equivalent single payment is
$10,938.07 + $8358.31 = $19,296.38

Report Error

View Answer Report Error Discuss

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

2 4630
Q:

Who is the author of the book "Flaming Tresses of Draupadi" ?

A) Smriti Irani B) Veerappa Moily
C) Mallikarjun Kharge D) None
 
Answer & Explanation Answer: B) Veerappa Moily

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

9 4626
Q:

The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is  ?

A) 3 years B) 4 years
C) 2.5 years D) 2 years
 
Answer & Explanation Answer: B) 4 years

Explanation:

P1+20100n > 2P 

 

 

 

Now, (6/5 x 6/5 x 6/5 x 6/5) > 2.

 

 

 

So, n = 4 years.

Report Error

View Answer Report Error Discuss

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

11 4624
Q:

Which Wins Patent for Flying Warehouse to Deliver Parcels via Drones ?

A) Flipkart B) Snapdeal
C) Amazon D) Paytm
 
Answer & Explanation Answer: C) Amazon

Explanation:

The U.S. e-commerce giant, Amazon has been awarded a patent for launching a giant flying warehouse that would acts as a launch pad for drones to deliver items within minutes.The patent reveals plans for setting up an “Airborne Fulfillment Center” (AFC) such as an Airship or Blimp, floating at an altitude of around 45,000 and stocked with lots of products especially in area where the demand for certain items is expected to be high. When a customer places an order, a drone or unmanned aerial vehicles (UAV) will fly down and deliver the package. The patent claims that this would require little or no power because the drone would be gliding down rather than having to take off and land.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

10 4623