Bank PO Questions


Q:

If there is a total of 104 weekly instalments and a thirddeposit, find the interest charged

A) 237.55 B) 337
C) 443 D) 334
 
Answer & Explanation Answer: A) 237.55

Explanation:

Cash price = $3695

Deposit =1/3 of $3695 = $1231.67

Loan amount = $3695.00 − $1231.67 = $2463.33

Total cost of loan = $25.97 × 104= $2700.88

 

Interest charged = total amount − loan
I = A − P
= 2700.88 − 2463.33
= 237.55

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

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Q:

Antonym for Durable

A) Pressure B) Flimsy
C) Hard-wearing D) Withstand
 
Answer & Explanation Answer: B) Flimsy

Explanation:

Durable means able to withstand wear, pressure.

 

Antonyms for Durable are Delicate, Flimsy, Short-lived.

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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Find the principal which yields $25,000 when invested at 3% annually for 20 years.

A) 13841.89 B) 14821
C) 13468 D) 57389
 
Answer & Explanation Answer: A) 13841.89

Explanation:

P=F1+in

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

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Q:

loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan was taken out on April 7 and is due in seven months

A) 13615.52 B) 14615.52
C) 15615.52 D) 16615.52
 
Answer & Explanation Answer: C) 15615.52

Explanation:

I = prt = [15000 × 0.07 × (214/365) ]=615.52

Future value, S = P + I = $15 000 + $615.52 = $15 615.52

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

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Q:

Which is the first metro rail in India?

A) Kolkata B) Hyderabad
C) Delhi D) Mumbai
 
Answer & Explanation Answer: A) Kolkata

Explanation:

Kolkata Metro Rail is the first metro rail operating since 1984 in India.

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Filed Under: General Awareness
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Q:

The total of the ages of Ashok, Akbar and Anil is 65 years. What was the total of their ages six years ago ?

A) 59 B) 43
C) 57 D) 47
 
Answer & Explanation Answer: D) 47

Explanation:

Let their ages be x, y, z
Hence given that x + y + z = 65
Now, six years ago x age is x - 6, y is y - 6 and that of z is z - 6
Then the sum of their ages six years ago is (x + y + z) - (6 + 6 + 6) = 65 - 18 = 47

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Filed Under: Problems on Ages
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Q:

Ram Kumar Ramanathan belongs to which sports ?

A) Tennis B) Chess
C) Golf D) Cricket
 
Answer & Explanation Answer: D) Cricket

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams , CAT
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Q:

Which dinosaur is sometimes referred to as the thunder lizard?

A) Diplodocus B) Brontosaurus
C) Arm reptile D) Cunningham
 
Answer & Explanation Answer: B) Brontosaurus

Explanation:

Although well known as one of the most iconic dinosaurs, Brontosaurus (the 'thunder lizard') has long been considered misclassified. Since 1903, the scientific community has believed that the genus Brontosaurus was in fact the Apatosaurus.

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Filed Under: Animals and Birds
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