Bank PO Questions


Q:

$10,000 face value strip bond has 15 years remaining until maturity. If the prevailing market rate of return is 6.5% compounded semiannually, what is the fair market value of the strip bond?

A) 1710.29 B) 2710.29
C) 3710.29 D) 4710.29
 
Answer & Explanation Answer: C) 3710.29

Explanation:

i=j/m

n =m(Term) = 2(15.5)  =31

Fair market value  Present value of the face value

 =FV(1+  i)^-n

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

4 5068
Q:

What is the capital of the country Turkmenistan ?

A) Dushanbe B) Ashgabat
C) Bishkek D) Astana
 
Answer & Explanation Answer: B) Ashgabat

Explanation:
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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

10 5065
Q:

Crack the missing number in the given puzzle?

missing_number_puzzle11538565817.jpg image

A) 3 B) 2
C) 1 D) 0
 
Answer & Explanation Answer: B) 2

Explanation:

Here in the given number puzzle, the logic is

column 2 x column 3 = column 1

3 x 3 = 9

2 x 3 = 6

 

Similarly,

4 x ? = 8

=> ? = 8/4 = 2.

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21 5064
Q:

Qualm is the opposite of

A) confidence B) misgiving
C) doubt D) worry
 
Answer & Explanation Answer: A) confidence

Explanation:

Qualm means feeling confused, uneasiness, very doubtful and being in worry.

 

Hence, among the given options, Qualm is the opposite of Confidence.

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Filed Under: English
Exam Prep: Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

1 5064
Q:

Grey Revolution is associated with

A) Cotton B) Fruits
C) Fertilizers D) Oil seeds
 
Answer & Explanation Answer: C) Fertilizers

Explanation:

Grey Revolution is associated with Fertilizers.

 

      • Cotton - Silver fiber Revolution

 

      • Fruits - Golden Revolution

 

      • Oil seeds - Yellow Revolution
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Filed Under: Indian History
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Analyst

14 5060
Q:

RAM is used as a short memory because it is

A) expensive B) volatile
C) has small capacity D) programmable
 
Answer & Explanation Answer: B) volatile

Explanation:

RAM is used as a short-term memory because of its volatility.

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

12 5058
Q:

Firewalls are used to protect against

A) Virus Attacks B) Unauthorized Access
C) Data Driven Attacks D) Fire Attacks
 
Answer & Explanation Answer: B) Unauthorized Access

Explanation:

Firewalls are used to protect against Unauthorized Access.

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

10 5057
Q:

Appellate jurisdiction refers to

Answer

Appellate jurisdiction refers to the power of a higher court to review decisions and change outcomes of decisions of lower courts.

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Subject: Indian Politics Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

2 5056