Bank PO Questions


Q:

Simon deposits $400 in an account that pays 3% interest compounded annually. What is the balance of Simon’s account at the end of 2 years?

A) 424.36 B) 524.56
C) 545.36 D) 456.36
 
Answer & Explanation Answer: A) 424.36

Explanation:

I=Prt

 

I=12

 

Balance = P +Prt

 

412

 

Find the balance at the end of the second year.

 

I = Prt=12.36

 

Balance =P + Prt

 

424.36

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

0 5316
Q:

There are 3 bags, in 1st there are 9 Mangoes, in 2nd 8 apples & in 3rd 6 bananas. There are how many ways you can buy one fruit if all the mangoes are identical, all the apples are identical, & also all the Bananas are identical ?

A) 23 B) 432
C) 22 D) 431
 
Answer & Explanation Answer: A) 23

Explanation:

As in this problem , buying any fruit is different case , as buying apple is independent from buying banana. so ADDITION rule will be used.

 

C19+C18+C16 = 23 will be answer.

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

2 5313
Q:

Which of the following is NOT a Union Territory?

A) Daman and Diu B) Puducherry
C) Shillong D) Lakshadweep
 
Answer & Explanation Answer: C) Shillong

Explanation:

We know that The seven union territories of India are are:

Chandigarh.

Dadra and Nagar Haveli.

Daman and Diu.

Lakshadweep.

Puducherry.

Andaman and Nicobar Islands.

National Capital Territory of Delhi.

 

Hence, Shillong is not a Union Territory.

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

17 5312
Q:

Find out which pair of words can be filled up in the blanks in the sentence to make the sentence meaningfully complete.

The policy on foreign direct investment in multi- brand retail may be _______ in a political impasse, but big retail chains are using India as sourcing base and making an _________ on local businesses.

A) Caught, impact B) Caught, effect
C) Fetched, affect D) Fetching, impact
 
Answer & Explanation Answer: A) Caught, impact

Explanation:

Caught - according to the sentence given caught means to become involved in something, often without wanting to.

Impasse - means a situation in which further development is impossible.

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Filed Under: Logical Sequence of Words
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14 5312
Q:

63.5% of 8924.2 +? % of 5324.4 = 6827.5862

A) 28 B) 22
C) 18 D) 12
 
Answer & Explanation Answer: B) 22

Explanation:

63.5% of 8924.2 +? % of 5324.4 = 6827.5862

=> 63.5% of 8925 + ? % of 5325 = 6830

=> 6830 ~= 5320 + ?(5325)/100

=> ? ~= 22

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Filed Under: Percentage
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6 5309
Q:

Under which conditions are gases most soluble in water?

A) low pressure and low temperature B) low pressure and high temperature
C) high pressure and low temperature D) high pressure and high temperature
 
Answer & Explanation Answer: C) high pressure and low temperature

Explanation:

Henry's Law tells that the solubility of a gas is directly proportional to the partial pressure of the gas above the solvent. Hence under high pressure, more gas is dissolved.

Also that Henry's Law involves a constant which is temperature-dependent. Under high temperatures, less gas is dissolved whereas under low temperatures, more gas is dissolved.

 

For Example ::  

You can think of a can of soda. The contents are under pressure and if you shake the can before opening, the soda fizzes out all over as you open it. So the higher the pressure, the more gas or more CO2 can be dissolved in the drink.

Eliminate choices 1 and 2. Now focus on the temperature. Soda goes flat (loses carbonation or gas) as it warms up. Soda is usually served cold because more of the carbonation or CO2 stays in the drink when the soda is cold.

 

Hence, in high pressure and low temperature conditions gases are most soluble in water.

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

1 5309
Q:

At what rate percent on simple interest will Rs.415 amount to Rs.514 in 4 years  ?

A) 4.58 % B) 5.96 %
C) 6.52 % D) 4.98 %
 
Answer & Explanation Answer: B) 5.96 %

Explanation:

Difference in amount = 514 - 415 = 99

99 = (415 x 4 x R)/100

R = 5.96%

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Filed Under: Simple Interest
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5 5308
Q:

Pradeep correctly remembers that his mother's is before twenty third February but after ninteenth February, whereas his brother correctly remembers that their mother's birthday is not on or after twentysecond February. On which day in February is definitely their mother's birthday ?

A) 20 or 21 B) 20
C) 21 D) None
 
Answer & Explanation Answer: A) 20 or 21

Explanation:

According to Pradeep : 20,21 or 22...(1)
According to his brother : not 22....(2)
From (1)&(2), the birthday falls on February 20 or 21.

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

7 5305