Bank PO Questions


Q:

Which of these investments may pay dividends?

A) Savings account B) Stocks
C) Bonds D) Certificates of deposit
 
Answer & Explanation Answer: B) Stocks

Explanation:

Stock investment may pay the dividends.

The amount of dividend will be depended on how many stocks you own and how much is that's company net income in that year

For example :

If you own 15 % of the company, and the company announced that they will pay Rs. 1,00,000 as dividend this year, you will get dividend payment of Rs. 15,000.

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

2 4673
Q:

Count the number of cubes in the given figure.

A) 45 B) 46
C) 48 D) 49
 
Answer & Explanation Answer: B) 46

Explanation:

In the figure, there are 21 columns containing 2 cubes each and 4 columns containing 1 cube each. 

Total number of cubes = (21 x 2) + (4 x 1) = 42 + 4 = 46.

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

19 4673
Q:

The length of a rectangle is 10 cm more than the breadth. Find the diagonal length of rectangle if perimeter is 44 cm ?

A) 12.50 cm B) 14.21 cm
C) 15.98 cm D) 17.08 cm
 
Answer & Explanation Answer: D) 17.08 cm

Explanation:

Let the length of the rectangle = L cm

 

Then the breadth of the rectangle = (L - 10) cm

 

Perimeter of a rectangle = 2(L + B) cm

 

=> 44 = 2(L + L - 10)

 

=> 44 = 4L - 20

 

=> 4L = 64

 

=> L = 16 cm

 

=> B = L - 10 = 6 cm

 

Diagonal = L2+B2 = 162+62 = 17.08 cm

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

11 4672
Q:

Train K crosses a pole in 30 seconds and train L crosses the same pole in one minute and 20 seconds. The length of train K is three-fourths the length of train L. What is the ratio of the speed of train K to that of train L   ?

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

Explanation:

Given that train K crosses a pole in 30 seconds and train L crosses the same pole in one minute and 15 seconds.

Let the length of train K be Lk and that of train L be Ll

given that Lk = 3/4 Ll

As the train K and L crosses the pole in 30 seconds and 80 seconds respectively,
=> Speed of train K = sk = Lk/30

Speed of train L = sl = Ll/80

Lk = 3/4 Ll
=> sk = 3/4 Ll/(30) = Ll/40

Ratio of their speeds = sk : sl
= Ll/40 : Ll/80

=> 1/40 : 1/80  =  2 : 1

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

7 4672
Q:

The effective annual rate of interest corresponding to nominal rate of 6% per annum payable half yearly is

A) 5% B) 6%
C) 7% D) 6.09%
 
Answer & Explanation Answer: D) 6.09%

Explanation:

amount=[100(1+3/100)^2]=Rs.106.09

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

1 4671
Q:

How many Months of the year have 28 Days?

A) 12 B) 7
C) 5 D) 6
 
Answer & Explanation Answer: A) 12

Explanation:

We have 12 months.

In every month we get 28 or more days. 

So that implies we get 28 days in each and every month.

 

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Filed Under: Logic Puzzles
Exam Prep: TOEFL , GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: IT Trainer , Database Administration , Bank PO , Analyst

8 4670
Q:

Who has been named as president for its India and SAARC operations by Tech giant Cisco ?

A) Sameer Garde B) Ravi Prakash
C) Vyas Garg D) Ravi Mittal
 
Answer & Explanation Answer: A) Sameer Garde

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

7 4670
Q:

A merchant receives an invoice for a motor boat for $20 000 with terms 4/30, n/100. What is the highest simple interest rate at which he can afford to borrow money in order to take advantage of the discount?

A) 247.67 B) 237.67
C) 227.67 D) 215.67
 
Answer & Explanation Answer: A) 247.67

Explanation:

Suppose the merchant will take advantage of the cash discount of 4% of $20 000 = $800 by paying the bill within 30 days from the date of invoice. He needs to borrow $20 000 = $800 = $19 200. He would borrow this money on day 30 and repay it on day 100 (the day the original invoice is due) resulting in a 70-day loan. The interest he should be willing to pay on borrowed money should not exceed the cash discount $800.

 

r=I/pt=21.73%

 

The highest simple interest rate at which the merchant can afford to borrow money is 21.73%. This is a break-even rate. If he can borrow money, say at a rate of 15%, he should do so. He would borrow $19 200 for 70 days at 15%. Maturity value of the loan is $19 200(1+0.15(70/365))=$19 752.33

 

savings would be $20 000 − $19 752.33 = $247.67

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

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