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Bank PO Questions

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Q:

Car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.   What is the total cost of the car?

A) 30.240 B) 31.240
C) 33.240 D) 32,240
 
Answer & Explanation Answer: D) 32,240

Explanation:

Total cost = deposit + instalment amount × number of instalments

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

2 6432
Q:

Solve this Math Puzzle?

math_puzzle11533899278.jpg image

A) 36 B) 72
C) 84 D) 96
 
Answer & Explanation Answer: B) 72

Explanation:

Here in the given puzzle,

2 x (2 + 2) = 8

3 x (3 + 3) = 18

4 x (4 + 4) = 32

5 x (5 + 5) = 50

Similarly,

6 x (6 + 6) = 72.

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Filed Under: Math Puzzles
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

10 6426
Q:

What type of simple machine is an axe?

A) Lever B) Wedge
C) Both A & B D) The screw
 
Answer & Explanation Answer: C) Both A & B

Explanation:

The simple machine Axe is made up of both the lever arm and a wedge.

                              what_type_of_simple_machine_is_an_axe1536562753.png image

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

4 6419
Q:

Sriram was conducting an experiment in which the average of 11 observations came to be 92, while the average of first five observations was 89, and that of the last five was 86. What was the measure of the 6th observation ? 

A) 134 B) 137
C) 139 D) 141
 
Answer & Explanation Answer: B) 137

Explanation:
This can be done as,
 
(11 × 92)  -  (5 × 89)  -  (5 × 86) 
 
= 1012- 445 - 430 = 137
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Filed Under: Average
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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11 6419
Q:

Josh borrowed $250 from his mother to buy an electric scooter. Josh will pay her back in 1 year with 3% simple annual interest. How much interest will Josh pay?

A) 7.50 B) 8.50
C) 9.50 D) 10.50
 
Answer & Explanation Answer: A) 7.50

Explanation:

I=prt/100

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

1 6419
Q:

Solve this number puzzle?

Number_puzzle_41538031779.jpg image

A) 111 B) 121
C) 1111 D) 0
 
Answer & Explanation Answer: B) 121

Explanation:

Given 

1 = 1 => 1 x 11 = 11

2 = 22 => 2 x 11 = 22

3 = 33 => 3 x 11 = 33

...

...

Similarly,

11 => 11 x 11 = 121.

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Filed Under: Number Puzzles
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16 6417
Q:

Off-duty risk decisions are

A) Dictated by the Department of the Army B) The responsibility of individual Soldiers
C) Made by leaders and commanders D) Not a consideration
 
Answer & Explanation Answer: B) The responsibility of individual Soldiers

Explanation:

Risk Management :

A decision-making process for identifying hazards and controlling risks both on-duty and off-duty is called a Risk Management (RM).

 

Hence, Off-duty risk decisions are the responsibility of individual Soldiers.

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Filed Under: Conflict management
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Job Role: Analyst , Bank Clerk , Bank PO

14 6414
Q:

What word begins and ends with an E but only has one letter?

A) Eye B) Envelope
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) Envelope

Explanation:

Envelope is a letter holder for one letter and in the question it mean that it holds one letter. Eye is also a word which starts and end with E but has one letter in the middle.

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

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