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Bank PO Questions

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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 3348
Q:

What time will it be in 8 hours?

Answer

For exampe if it is 12:45 AM, then after 8 hours the time is 


12 hrs 45 min + 8 hrs = 8 : 45 PM in the night on the same day. 

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Subject: Clocks Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

14 3346
Q:

Using numbers from 0 to 9 the number of 5 digit telephone numbers that can be formed is

A) 1,00,000 B) 59,049
C) 3439 D) 6561
 
Answer & Explanation Answer: C) 3439

Explanation:

The numbers 0,1,2,3,4,5,6,7,8,9 are 10 in number while preparing telephone numbers any number can be used any number of times.

 

This can be done in 105ways, but '0' is there

 

So, the numbers starting with '0' are to be excluded is 94 numbers.

 

 Total 5 digit telephone numbers = 105- 94 = 3439

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

5 3345
Q:

The shorter i am, the bigger i am.

What am I?

Answer

A Temper.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

7 3344
Q:

Pinaka is a

A) a multi barrel rocket launcher developed by DRDO B) a rocket launcher developed by France
C) a missile developed by DRDO D) a missile imported from Russia
 
Answer & Explanation Answer: A) a multi barrel rocket launcher developed by DRDO

Explanation:

1. Pinaka is a multi barrel rocket launcher developed by the Defence Research and Development Organisation (DRDO) for the Indian Army.

2. The system has a maximum range of 40 km for Mark-I and 75 km for Mark-II, and can fire a salvo of 12 rockets in 44 seconds.

3. The system is mounted on a Tatra truck for mobility.

4. Actually, the meaning of Pinaka is Shiv Dhanush.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank PO , IT Trainer

7 3344
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 3343
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 3343
Q:

What is the minimum period of time for which one can open an FD(Fixed Deposit) account ? 

A) 15 days B) 6 months
C) 7 days D) 1 year
 
Answer & Explanation Answer: C) 7 days

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

5 3342