Bank PO Questions


Q:

15 semiannual payments are made into a sinking fund at 7% compounded semiannually so that $4850 will be present. Find the amount of each payment rounded to the nearest cent

A) 251.35 B) 245.45
C) 235.87 D) 251
 
Answer & Explanation Answer: A) 251.35

Explanation:

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

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

0 3361
Q:

Surface roughness on a drawing is represented by

A) Circle B) Square
C) Curve D) Triangle
 
Answer & Explanation Answer: D) Triangle

Explanation:

surface_roughness_on_a_drawing_is_represented_by1557145719.png image

Surface roughness on a drawing is represented by the triangle.

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

3 3358
Q:

One light year is approximately equal to

A) 10^12 mts B) 10^16 mts
C) 10^11 mts D) 10^13 mts
 
Answer & Explanation Answer: B) 10^16 mts

Explanation:

Light year is the unit of to express astronomical distances, that light can travel in one year. Light moves at a velocity of about 300,000 kilometers (km) each second. So in one year, it can travel about 10 trillion km. More precisely, one light-year is equal to 9,500,000,000,000 kilometers.

 

Approximately, 1 light year = 10^16 mts.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration

4 3358
Q:

Townbank offers a term deposit account paying investors 12.5% p.a. simple interest on investments over $100 000 for 2 years or more. Peta decides to invest $150 000 in this account for 2 years. How much interest will Peta earn at the end of the investment?

A) 57500 B) 47500
C) 37500 D) 67500
 
Answer & Explanation Answer: C) 37500

Explanation:

I = (p x t x r)/100

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

0 3355
Q:

Which Rating agency has projected India’s GDP growth rate to 6.9 percent for the financial year 2017-18 ?

A) NOMURA B) ONICRA
C) FITCH D) ICRA
 
Answer & Explanation Answer: C) FITCH

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

15 3354
Q:

Where are the Macronutrients located on a Nutritional Label?

A) On the Top B) On the Right
C) On the Bottom D) On the Left
 
Answer & Explanation Answer: A) On the Top

Explanation:

Macronutrients are located on the Top of a Nutritional Label.

Macronutrients are essential substances that the body needs to survive and develop. There are 3 main Macronutrients:

1. Fats

2. Proteins (and)

3. Carbohydrates.

The nutritional label is an important part of any food package. Since the Macronutrients refer to a list of nutrients that we need daily in a pretty large amount are the most important nutrients to sustain our living, commonly they are written on the top of the Nutrition Labels.

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

7 3353
Q:

How many Types of Soil in India?

A) 4 B) 5
C) 7 D) 8
 
Answer & Explanation Answer: D) 8

Explanation:

There are 8 different types of Soils present in India. They are primarily differentiated on the basis of composition and structure. They are ::

1.  Alluvial soils, 

2.  Black soils,

3.  Red soils,

4.  Laterite and Lateritic soils,

5.  Forest and Mountain soils,

6.  Arid and Desert soils,

7.  Saline and Alkaline soils and

8.  Peaty and Marshy soils.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank PO

6 3353
Q:

Three of the following four are alike in a certain way and hence form a group. Which is the one that does not belong to that group?

A) 8 B) 13
C) 29 D) 38
 
Answer & Explanation Answer: D) 38

Explanation:

The numbers are based on the expression n2 + 4

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

18 3350