Bank PO Questions


Q:

A goods truck travels from a place at a certain time and at fixed speed. After 6hrs another truck leaves the same place and move in same direction of uniform speed of 90kmph. The truck catches up the goods truck in 4hrs. Find the speed of the goods truck ?

A) 36 kmph B) 32 kmph
C) 28 kmph D) 34 kmph
 
Answer & Explanation Answer: A) 36 kmph

Explanation:

Let the speed of goods truck be 'p' kmph
Distance covered by goods truck in 10hrs (4+6) = Distance covered by other truck in 4 hrs.
10p = 4 x 90
p = 36kmph.
Therefore, the speed of the goods truck is p = 36 kmph.

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

6 4322
Q:

Kashundra Jones plans to make a lump sum deposit so that she can withdraw $3,000 at the end of each quarter for 10 years. Find the lump sum if the money earns 10% per year compounded quarterly

A) 75263.64 B) 76345
C) 76389 D) 56897
 
Answer & Explanation Answer: A) 75263.64

Explanation:

 

 

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

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

0 4317
Q:

If the rate of inflation for the next 20 years is 2.5% per year, what annual income will be needed 20 years from now to have the same purchasing power as a $30,000 annual income today?

A) 39158 B) 49158
C) 59158 D) 69158
 
Answer & Explanation Answer: B) 49158

Explanation:

i=j/m

FV = PV(1+  i)^n

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

2 4316
Q:

Which of the following is not an element of culture?

A) Customs and traditions B) Religion
C) Human Beleifs D) Forms of government
 
Answer & Explanation Answer: C) Human Beleifs

Explanation:

Culture is the social behavior and norms found in human societies. The 7 main elements that make up culture are ::

 

1. Social organization
- the family patterns and social classes of a culture.

 

2. Customs and traditions
- way people act, wear, what they eat, and their laws.

 

3. Language
- communication by word of mouth.

 

4. Religion
- a system of beliefs that answers questions about the meaning of life.

 

5. Art and literature
- ways the people entertain themselves. There stories they tell and how they dance. Its also the music they listen to and there artwork.

 

6. Forms of government
- the people or group(s) that control the people and provide/ enforce the laws.

 

7. Economic systems
- the method used by a society to produce and distribute goods and services.

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

39 4313
Q:

If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $10,000 after 3 years?

A) 8695.61 B) 6786
C) 3478 D) 4092
 
Answer & Explanation Answer: A) 8695.61

Explanation:

i=j/m

PV = FV (1+  i)^-n 

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

0 4313
Q:

India's first cartoon network theme park "Amaazia" will come up in which city?

A) Hyderabad B) Bangaluru
C) Jaipur D) Surat
 
Answer & Explanation Answer: D) Surat

Explanation:

Broadcaster Turner International India and Gujarat-based Rajgreen Group have entered into a brand partnership to set up India’s first Cartoon Network branded amusement park "Amaazia" in Surat, Gujarat.

The park is expected to be operational by the first quarter of 2019 on a budget of Rs. 450 crore. It will spread across an area of 61,000 sq m and will have family entertainment destination with 33 theme-based attractions as well as 20 unique water-slides. It will be divided into four major sections – a theme park branded by Cartoon Network, a water park, a family recreational hub and a service apartment and retail shopping area. The park has been conceptualised and designed by the Sanderson Group, Australia.

For Turner, this is the third such arrangement globally. It has a similar model in IMG Dubai and CN Amazone Water Park, in Thailand.

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Filed Under: Famous Places
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: IT Trainer , Bank PO , Bank Clerk , Analyst

12 4311
Q:

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence.

In which part of the sentence there is an error ?

A) He is B) Not agreeing
C) To me. D) No error
 
Answer & Explanation Answer: C) To me.

Explanation:

Replace 'to' by 'with'.

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

3 4311
Q:

Pointing towards Sweety, Sripad said, " I am the only son of her mother's son." How is Sweety related to Sripad ?  

A) Niece B) Aunt
C) Mother D) Cousin
 
Answer & Explanation Answer: B) Aunt

Explanation:

Sweety's mother's son---Sweety's brother.
So, Sripad is the son of Sweety's brother or Sweety is Sripad's Aunt.

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

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