Bank PO Questions


Q:

The primary goal of financial management is to

A) Expand their share of the market B) Maximize the current value per share of the existing stock
C) Examining whether costs are reasonable or unreasonable D) All the above
 
Answer & Explanation Answer: B) Maximize the current value per share of the existing stock

Explanation:

The primary goals of financial management dwell on both short-term and long-term activities that seek to maximize value creation from scarce financial resources. And then the primary goal of financial management is to Maximize the current value per share of the existing stock.

 

All businesses aim to maximize their profits, minimize their expenses and maximize their market share. Here is a look at each of these goals.

 

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic principles of management in financial activities such as purchases, sales, capital expansion, inventory valuation, financial reporting, and profit distribution.

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Filed Under: SAP FI
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

11 5373
Q:

A mother can do a certain job in x hours. Her daughter takes twice as long to do the job. Working together, they can do the job in 6 hours. How many hours does the mother take to do the job ?

A) 3 B) 6
C) 9 D) 12
 
Answer & Explanation Answer: C) 9

Explanation:

The mother completes the job in x hours.
So, the daughter will take 2x hours to complete the same job.

 

In an hour, the mother will complete 1/x of the total job.
In an hour, the daughter will complete 1/2x of the total job.

 

So, if the mother and daughter work together, in an hour they will complete 1/x + 1/2x of the job.
i.e., in an hour they will complete 3/2x of the job.

 

The question states that they complete the entire task in 6 hours if they work together.
i.e., they complete 1/6 th of the task in an hour.

 

Equating the two information, we get 3/2x = 1/6
By solving for x, we get 2x = 18 or x = 9.

 

The mother takes 9 hours to complete the job.

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Filed Under: Time and Work
Exam Prep: GATE , CAT , Bank Exams , AIEEE
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8 5373
Q:

Who presided over the cabinet mission?

A) Strafford Cripps B) Clement Attlee
C) V Alexander D) Sir P Lawrence
 
Answer & Explanation Answer: D) Sir P Lawrence

Explanation:

The United Kingdom Cabinet Mission of 1946 came to India aimed to discuss the transfer of power from the British government to the Indian leadership, with the aim of preserving India's unity and granting it independence.

 

Sir P Lawrence presided over the cabinet mission which was formulated at the initiative of Clement Attlee, the Prime Minister of the United Kingdom.

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

10 5371
Q:

5 years ago, the mother's age was 3 times of her son's age. 5 years hence, the ratio between the ages of mother and the son becomes 11:5. Find the mother's present age?

Answer

Let the present age's of mother be 'M' and that of her son be 'S'.


According to the given data in the question,


M - 5 = 3(S - 5)


F - 3S = -10  ...............(1)


Then given ,


M + 5 : S + 5 = 11 : 5 


=> 5M - 11S = 30 ..............(2)


 


From (1) & (2), we get


S = 20


Then by substituting S = 20 in (1) or (2), we get


M = 50.


 


Hence, the present age of mother is M = 50 years.

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Subject: Problems on Ages Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

7 5370
Q:

L is the daughter of K's brother's wife's father-in-law's daughter. K is L's __

A) Son B) Aunt
C) Uncle D) Can't be determined
 
Answer & Explanation Answer: D) Can't be determined

Explanation:

K's brother's wife's father-in-law is K's brother's father i.e. K's father. K's father's daughter is K's Sister.
L is daughter of K's sister => K is L's Uncle or Aunt.

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Filed Under: Blood Relations
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5 5367
Q:

A jeep travels a certain distance taking 6 hrs in forward journey, during the return journey increased speed 12km/hr takes the times 4 hrs. What is the distance travelled by the jeep is ?

A) 244 km B) 144 km
C) 444 km D) 344 km
 
Answer & Explanation Answer: B) 144 km

Explanation:

Given a jeep travels a certain distance taking 6 hrs in forward journey
During the return journey, it takes 4 hrs with an increased speed 12 km/hr
Let 'x' be the distance.
Now, speed is given by distance/time.
Here the difference between both speeds = 12

 x4 - x6 = 12

 3x - 2x12 = 12

 

=> x = 144 km

 

Therefore, the distance travelled by the jeep in forward or return journey is x = 144 km.

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Filed Under: Time and Distance
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
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3 5367
Q:

Rate of doing work is called

A) Capacity B) Energy
C) Power D) Current
 
Answer & Explanation Answer: C) Power

Explanation:

The Rate of doing work or rate of transfer of energy is called Power.

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Filed Under: Physics
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6 5364
Q:

Although Blind, Deaf and Dumb, She graduated from college and achieved high distinction as a writer and scholar. Who was she ?

A) Anna Pova B) Samantha Fox
C) Sheila Gujral D) Helen Keller
 
Answer & Explanation Answer: D) Helen Keller

Explanation:
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Filed Under: Famous Personalities
Exam Prep: CAT , GRE
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