Bank PO Questions


Q:

Study the question and all the three statements given and decide whether any information provided in the statements are redundand and can be dispensed with while answering the questions.

Question : 

What is the rate of interest per year ?

Statements :

1. The amount invested is Rs. 6000.
2. The amount becomes Rs. 6741.60 in 2 years at compound interest.
3. The difference between compound interest and simple interest in 2 years is Rs. 21.60.

A) Only 3 B) Both 2 & 3
C) Any two of (1, 2 & 3) D) None
 
Answer & Explanation Answer: C) Any two of (1, 2 & 3)

Explanation:

Using Both 1 & 2 statements we get the rate of interest as in (1) we have given principle amount and in (2) compound interest for 2 years. By this data we get the rate%.

Using Both 1 & 3 statements we can get the rate% as we have principle amount & difference between compound interest and simple interest in 2 years.

Using Both 2 & 3 statements we get compound interest & simple interest by which we get principle amount. So that we can calculate %rate.

Hence by using any two of the three statements(1,2&3) we get rate of interest.

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Filed Under: Statement and Conclusions
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Q:

What important polymer is located in the nucleus?

A) Ribosomes B) Chromosomes
C) DNA D) Proteins
 
Answer & Explanation Answer: C) DNA

Explanation:

The most important polymer present in the nucleus is DNA- the master molecule. It is a polymer of Nucleotides.

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Filed Under: Chemistry
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Q:

According to new federal data released, the US state whose economy has surpassed that of the UK to become the world’s fifth largest was

A) Massachusetts B) Florida
C) Hawaii D) California
 
Answer & Explanation Answer: D) California

Explanation:

The US state California's  economy has surpassed that of the UK to become the world’s fifth largest, according to new federal data released.

 

With a GDP of $2.7 trillion, California is now only behind the US, China, Japan and Germany.

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Q:

Which one of the following elements is a transition element?

A) H B) As
C) Fe D) Sr
 
Answer & Explanation Answer: C) Fe

Explanation:

In chemistry, the term transition metal has three possible meanings: The IUPAC definition defines a transition metal as "an element whose atom has a partially filled d sub-shell, or which can give rise to cations with an incomplete d sub-shell".

Any of the set of metallic elements occupying a central block (Groups IVB–VIII, IB, and IIB, or 4–12) in the periodic table, e.g. iron, manganese, chromium, and copper. Chemically they show variable valency and a strong tendency to form coordination compounds, and many of their compounds are coloured.

 

Here in the given options, only iron (Fe) is a transition metal since Strontium is an alkaline earth, arsenic is a metalloid, hydrogen is (normally) a diatomic gas.

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Filed Under: Chemistry
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Q:

What determines the value of an item?

A) the capital required to build the factory B) the unlimited wants of the consumers
C) the resources consumed in production D) the amount of goods that are produced
 
Answer & Explanation Answer: A) the capital required to build the factory

Explanation:

Value is the monetary worth of something, in this case, it is an item.

In option A, since it is talking about capital which is measured in monetary terms.

The value of an item is determined by its quality and its age. Often antiques with good quality are sold in the market with a high value and are sometimes auctioned.

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Filed Under: Accounts Receivable
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Q:

You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate.

A) 5% B) 4%
C) 6% D) 7%
 
Answer & Explanation Answer: C) 6%

Explanation:

I=prt

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Filed Under: Simple Interest
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Q:

Karthik is now 32 years old and his son is 7 years old. In how many years will Karthik be twice as old as the son?

A) 18 B) 25
C) 7 D) 15
 
Answer & Explanation Answer: A) 18

Explanation:

Given Karthik’s age = 32 years

Karthik’s son age = 7 years

Difference between their ages = K - S = 32 - 7 = 25 years ….(1)

Now, required K = 2S ……(2)

Put (2) in (1)

2S - S = 25

=> S = 25 years

Hence, at the age of 25 years of Karthik’s son, Karthik will be twice as his son’s age.

25 - 7 = 18 years

 

Therefore, after 18 years the father be twice as old as the son.

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Filed Under: Problems on Ages
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Q:

Name the player who became the first Indian javelin thrower to claim a gold medal at the Commonwealth Games 2018.

A) Neeraj Chopra B) Ankur Mittal
C) Seema Antil D) Annu Rani
 
Answer & Explanation Answer: A) Neeraj Chopra

Explanation:

Neeraj Chopra became the first Indian javelin thrower to claim a gold medal at the Commonwealth Games, with a season’s best effort of 86.47m in the final. The 20-year-old junior world champion had made the final after achieving the qualifying mark in his very first throw.

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