Bank PO Questions


Q:

A sapphire ring with a marked price of $1800 is offered to the purchaser on the following terms: $200 deposit and the balance to be paid over 24 equal monthly instalments with interest charged at 11.5% p.a. flat rate. Find the monthly repayments

A) $53 B) $42
C) $62 D) $82
 
Answer & Explanation Answer: D) $82

Explanation:

Total repayment amount = $1600 + $368
= $1968
= $82

regular payment= total amount/number of repayments

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

1 5017
Q:

Appellate jurisdiction refers to

Answer

Appellate jurisdiction refers to the power of a higher court to review decisions and change outcomes of decisions of lower courts.

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Subject: Indian Politics Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

2 5014
Q:

Mohan was married 5 years ago. At present his age is 6/5 times of his age at the time of marriage. His wife is 3 year younger to him. Find his wife’s present age?

A) 21 yrs B) 24 yrs
C) 27 yrs D) 30 yrs
 
Answer & Explanation Answer: C) 27 yrs

Explanation:

Let Mohan present age = p

ATQ,

5/6 x p = p - 5

p = 30

His wifes age = 30 - 3 = 27 yrs.

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

14 5012
Q:

Firewalls are used to protect against

A) Virus Attacks B) Unauthorized Access
C) Data Driven Attacks D) Fire Attacks
 
Answer & Explanation Answer: B) Unauthorized Access

Explanation:

Firewalls are used to protect against Unauthorized Access.

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

10 5011
Q:

How can investors receive compounding returns?

A) By investing their earnings back into their original investment B) By diversifying their investment portfolio
C) By selecting a savings account that has a higher interest rate D) By transferring their earnings back into high-risk investment
 
Answer & Explanation Answer: A) By investing their earnings back into their original investment

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

0 5011
Q:

Grey Revolution is associated with

A) Cotton B) Fruits
C) Fertilizers D) Oil seeds
 
Answer & Explanation Answer: C) Fertilizers

Explanation:

Grey Revolution is associated with Fertilizers.

 

      • Cotton - Silver fiber Revolution

 

      • Fruits - Golden Revolution

 

      • Oil seeds - Yellow Revolution
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Filed Under: Indian History
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Analyst

14 5011
Q:

Crack the missing number in the given puzzle?

missing_number_puzzle11538565817.jpg image

A) 3 B) 2
C) 1 D) 0
 
Answer & Explanation Answer: B) 2

Explanation:

Here in the given number puzzle, the logic is

column 2 x column 3 = column 1

3 x 3 = 9

2 x 3 = 6

 

Similarly,

4 x ? = 8

=> ? = 8/4 = 2.

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21 5010
Q:

Qualm is the opposite of

A) confidence B) misgiving
C) doubt D) worry
 
Answer & Explanation Answer: A) confidence

Explanation:

Qualm means feeling confused, uneasiness, very doubtful and being in worry.

 

Hence, among the given options, Qualm is the opposite of Confidence.

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Filed Under: English
Exam Prep: Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

1 5010