Bank PO Questions


Q:

Online functional learning portals are accessed through the

A) Web portal B) Interactive Multimedia Instruction
C) Instructor Facilitated New Equipment D) All the above
 
Answer & Explanation Answer: A) Web portal

Explanation:

Online functional learning portals are accessed through the web portal.

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

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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

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Q:

Find the effective rate of interest for an investment that earns 5 1/2% per year, compounded continuously

A) 5.65% B) 5.75%
C) 5.85% D) 5.95%
 
Answer & Explanation Answer: A) 5.65%

Explanation:

We are not given a value of P in this problem, so either pick a value

for P and stick with that throughout the problem, or just let P = P.

We have that t = 1, and r = .055. To find the effective rate of interest,

first find out how much money we have after one year:

A = Pert

A = Pe(.055)(1)

A = 1.056541P.

Therefore, after 1 year, whatever the principal was, we now have 1.056541P.

Next, find out how much interest was earned, I, by subtracting the initial amount of money from the final amount:

I = A − P

  = 1.056541P − P

  = .056541P.

Finally, to find the effective rate of interest, use the simple interest formula, I = Prt. So,

I = Pr(1) = .056541P

.056541 = r.

Therefore, the effective rate of interest is 5.65%

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

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Q:

What command is used to count the total number of lines, words, and characters contained in a file ?

A) wc B) count p
C) wcount D) countw
 
Answer & Explanation Answer: A) wc

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

15 5258
Q:

In a box, there are 9 blue, 6 white and some black stones. A stone is randomly selected and the probability that the stone is black is ¼. Find the total number of stones in the box? 

A) 15 B) 18
C) 20 D) 24
 
Answer & Explanation Answer: C) 20

Explanation:

We know that, Total probability = 1

Given probability of black stones = 1/4

=> Probability of blue and white stones = 1 - 1/4 = 3/4

But, given blue + white stones =  9 + 6 = 15

Hence,

3/4 ----- 15

 1   -----  ?

=> 15 x 4/3 = 20.

 

Hence, total number of stones in the box = 20.

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Filed Under: Probability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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16 5257
Q:

Sagarmatha friendship is between which two countries ?

A) Pakistan & China B) Nepal & India
C) India & China D) China & Nepal
 
Answer & Explanation Answer: D) China & Nepal

Explanation:

The first ever joint military exercise named 'Sagarmatha Friendship-2017' is all set between Nepal and China. Sagarmatha is the Nepali name for Mt Everest, which stands in between both the countries.


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

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Q:

Payments of $2000 and $1000 were originally scheduled to be paid one year and five years, respectively, from today. They are to be replaced by a $1500 payment due four years from today, and another payment due two years from today. The replacement stream must be economically equivalent to the scheduled stream. What is the unknown payment, if money can earn 7% compounded semiannually?

A) 1548 B) 1348
C) 1648 D) 1748
 
Answer & Explanation Answer: C) 1648

Explanation:

FV1 = Future value of $2000, 1 year later
= PV (1+  i)^n

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

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Q:

Tilak rides on a cycle to a place at speed of 22 kmph and comes back at a speed of 20 kmph. If the time taken by him in the second case is 36 min. more than that of the first case, what is the total distance travelled by him (in km)?

A) 132 km B) 264 km
C) 134 km D) 236 km
 
Answer & Explanation Answer: B) 264 km

Explanation:

Let the distance travelled by Tilak in first case or second case = d kms

Now, from the given data,

d/20 = d/22 + 36 min

=> d/20 = d/22 + 3/5 hrs

=> d = 132 km.

 

Hence, the total distance travelled by him = d + d = 132 + 132 = 264 kms.

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