Bank PO Questions


Q:

For S = $21,000, payments (R) of $1500 at the end of each 6-month periodi= 10% compounded semi-annually. Find the minimum number of payments to accumulate 21,000.

A) 10 B) 11
C) 12 D) 13
 
Answer & Explanation Answer: B) 11

Explanation:

S=R[(1+i)^n-1)/i]

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

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Q:

Which Bank has been given scheduled bank status by RBI  ?

A) Disha B) Suryoday
C) Janalakshmi D) Ujjivan
 
Answer & Explanation Answer: D) Ujjivan

Explanation:

Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given scheduled bank status by RBI.

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

5 3676
Q:

A card is drawn from a pack of 52 cards. The probability of getting a queen of the club or a king of the heart is?

A) 1/26 B) 1/13
C) 2/13 D) 1/52
 
Answer & Explanation Answer: A) 1/26

Explanation:

Here in this pack of cards, n(S) = 52

Let E = event of getting a queen of the club or a king of the heart

Then, n(E) = 2

P(E) = n(E)/n(S) = 2/52 = 1/26

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

11 3676
Q:

Laxmi and Prasanna set on a journey. Laxmi moves northwards at a speed of 20kmph and Prasanna moves southward at a speed of 30 kmph. How far will be Prasanna from Laxmi after 60 minutes ?

A) 24 km B) 50 km
C) 42 km D) 30 km
 
Answer & Explanation Answer: B) 50 km

Explanation:

We know 60 min = 1 hr
Total northward Laxmi's distance = 20kmph x 1hr = 20 km
Total southward Prasanna's distance = 30kmph x 1hr = 30 km
Total distance between Prasanna and Laxmi is = 20 + 30 = 50 km.

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

3 3675
Q:

If a Siren sounds for every 5 seconds, how many times will it sound in ¾ of an hour?

A) 541 times B) 540 times
C) 450 times D) 275 times
 
Answer & Explanation Answer: A) 541 times

Explanation:

There are 60 minutes in an hour.

In ¾ of an hour there are (60 × ¾) minutes = 45 minutes.

In ¾ of an hour there are (60 × 45) seconds = 2700 seconds.

Siren sounds for every 5 seconds.

In 2700 seconds = 2700/5 = 540 times.

The count start after the first sound, the Siren will sound 541 times in ¾ of an hour.

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Filed Under: Clock puzzles
Exam Prep: GRE , GATE , CAT , Bank Exams
Job Role: Project Manager , IT Trainer , Bank PO , Bank Clerk

9 3671
Q:

 What does 'C' stands for in the abbreviation UNODC ?

A) Crime B) Cinema
C) Committee D) None of the above
 
Answer & Explanation Answer: A) Crime

Explanation:

UNODC is abbreviated as United Nations Office on Drugs and Crime. It is a global leader in the fight against illicit drugs and international crime. Established in 1997 through a merger between the United Nations Drug Control Programme and the Centre for International Crime Prevention, UNODC operates in all regions of the world through an extensive network of field offices.

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

7 3671
Q:

Who wins The World's Best Playmaker of the year 2016 ?

A) Lionel Messi B) Toni Kroos
C) Riyad Mahrez D) Andres Iniesta
 
Answer & Explanation Answer: A) Lionel Messi

Explanation:

Argentine Star Lionel Messi was chosen as the World’s Best Playmaker for the year 2016 on December 29, 2016, by the International Federation of Football History and Statistics (IFFHS). Messi topped the list with 172 points followed by Andres Iniesta at second spot with 66 points and Toni Kross third with 45 points.

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

8 3671
Q:

A can complete a piece of work in 12 days and B is 60% more efficient than A. In how many days B will complete the same work  ?

A) 8.7 hrs B) 5.2 hrs
C) 5 hrs D) 7.5 hrs
 
Answer & Explanation Answer: D) 7.5 hrs

Explanation:

Ratio of times taken by A and B = 160 : 100
A can do the work in 12 days
Let B can do the work in "D" days
=> 160:100 = 12 : D
=> D = 12 x 100/160 = 7.5 hrs

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

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