Bank PO Questions


Q:

$10,000 face value strip bond has 15 years remaining until maturity. If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond?

A) 1710.29 B) 2710.29
C) 3710.29 D) 4710.29
 
Answer & Explanation Answer: C) 3710.29

Explanation:

i=j/m

n =m(Term) = 2(15.5)  =31

Fair market value  Present value of the face value

 =FV(1+  i)^-n

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

4 5051
Q:

What is the capital of the country Turkmenistan ?

A) Dushanbe B) Ashgabat
C) Bishkek D) Astana
 
Answer & Explanation Answer: B) Ashgabat

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

10 5049
Q:

Two cylindrical buckets have their diameters in the ratio 3:1 and their heights are as 1: 3. Find the ratio of their volumes.

A) 2:1 B) 3:1
C) 4:1 D) 5:1
 
Answer & Explanation Answer: B) 3:1

Explanation:

v1v2=r12×h1r22×h2 

 

d1 = 2r1 and d2 = 2r2 are diameters

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams
Job Role: Bank PO

2 5049
Q:

Which state government has launched “Mahaswayam portal” for job seekers and employers  ?

A) Andhra Pradesh B) Assam
C) Telangana D) Maharashtra
 
Answer & Explanation Answer: D) Maharashtra

Explanation:

The Chief Minister of Maharashtra Devendra Fadnavis has recently launched a web portal ‘Mahaswayam’ for job seekers, employers, entrepreneurs and training institutes. At ‘Mahaswayam’, job seekers will be able to register themselves, search as well as apply for jobs, inquire for training, get information on self-employment and get details of job fairs. Besides, training institutes can also register, get details on participation in the state skill development programme, get training fee receipts, and can also receive training fee through ECS. Apart from this, entrepreneurs can also post job vacancy advertisements at the portal.

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

4 5047
Q:

Joel travels the first 3 hours of his journey at 60 mph speed and the remaining 5 hours at 24 mph speed. What is the average speed of Joel's travel in kmph ?

A) 38 kmph B) 40 kmph
C) 60 kmph D) 54 kmph
 
Answer & Explanation Answer: C) 60 kmph

Explanation:

Average speed = Total distance / Total time.

Total distance traveled by Joel = Distance covered in the first 3 hours + Distance covered in the next 5 hours.

Distance covered in the first 3 hours = 3 x 60 = 180 miles
Distance covered in the next 5 hours = 5 x 24 = 120 miles

Therefore, total distance traveled = 180 + 120 = 300 miles.

Total time taken = 3 + 5 = 8 hours.

Average speed = 300/8 = 37.5 mph.

we know that 1 mile = 1.6 kms

=> 37.5 miles = 37.5 x 1.6 = 60 kms

Average speed in Kmph = 60 kmph.

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

2 5045
Q:

There are five bags. In the first bag we put some fruits. Each bag the number of fruits is reduced by 1/4. The last bag contains 4. Then the number of fruits in the first bag is ?

A) 2596 B) 1024
C) 256 D) 64
 
Answer & Explanation Answer: B) 1024

Explanation:

Fruits reduced by 1/4.
Total no. of bags N = 5
Formula to find no. of fruits in 1st bag = 4^n
Last Bag = 4 fruits.
That means, 4th bag = 4 x 4 = 16 fruits
3rd bag = 16 x 4 = 64 fruits
2nd bag = 64 x 4 = 256 fruits
1st bag = 256 x 4= 1024 fruits.

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

3 5045
Q:

A flagstaff 17.5 m high casts a shadow of length 40.25 m. What will be the height of a building, which casts a shadow of length 28.75 m under similar conditions ?  

A) 14 cm B) 13.5 cm
C) 12.5 cm D) 11.4 cm
 
Answer & Explanation Answer: C) 12.5 cm

Explanation:

Let the required height of the building be x meter

More shadow length, More height(direct proportion)

Hence we can write as

(shadow length) 40.25 : 28.75 :: 17.5 : x
⇒ 40.25 × x = 28.75 × 17.5
⇒ x = 28.75 × 17.5/40.25
= 2875 × 175/40250
= 2875 × 7/1610
= 2875/230
= 575/46
= 12.5 cm

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

17 5044
Q:

Find the one which does not belong to that group ?

A) Mirage B) Pond
C) Oasis D) Fountain
 
Answer & Explanation Answer: A) Mirage

Explanation:

Except mirage, all others are sources of water.

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

5 5042