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Bank PO Questions

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Q:

An amount of $255 was invested at 8.5% p.a. How long will it take, to the nearest year, to earn $86.70 in interest?

A) 2years B) 3years
C) 4years D) 5years
 
Answer & Explanation Answer: C) 4years

Explanation:

T = (100 x I)/ (P x r)

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

0 4333
Q:

Shiva purchased 280 kg of Rice at the rate of 15.60/kg and mixed it with 120 kg of rice purchased at the rate of 14.40/kg. He wants to earn a profit of Rs. 10.45 per kg by selling it. What should be the selling price of the mix per kg?

A) Rs. 22.18 B) Rs. 25.69
C) Rs. 26.94 D) Rs. 27.54
 
Answer & Explanation Answer: B) Rs. 25.69

Explanation:

Rate of rice of quantity 280 kg = Rs. 15.60/kg

Rate of rice of quantity 120 kg = Rs. 14.40/kg

He want to earn a profit of Rs. 10.45/kg

Rate of Mix to sell to get profit of 10.45 =  

 

280 x 15.60 + 120 x 14.40280 + 120 + 10.454368 + 1728400 + 10.45=> 15.24 + 10.45= 25.69 

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Filed Under: Alligation or Mixture
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

12 4332
Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 17296 B) 13296
C) 19296 D) 15296
 
Answer & Explanation Answer: C) 19296

Explanation:

i=j/m

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

1 4332
Q:

Which among the following states leads in Handloom and Handicrafts clusters in India?

A) Maharastra B) West Bengal
C) Uttar Pradesh D) Odisha
 
Answer & Explanation Answer: C) Uttar Pradesh

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

6 4330
Q:

Most water is lost daily via the

A) skin B) kidneys
C) mouth D) All of the above
 
Answer & Explanation Answer: B) kidneys

Explanation:

Most of the water in the body will be lost by kidneys in the form of urine.

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

6 4330
Q:

Which statement is true of all atoms that are anions?

A) The atom has fewer protons than does a neutral atom of the same element. B) The atom has more protons than electrons.
C) The atom has more neutrons than protons. D) The atom has more electrons than protons.
 
Answer & Explanation Answer: D) The atom has more electrons than protons.

Explanation:

Anions are atoms or radicals (groups of atoms), that have gained electrons. Since they now have more electrons than protons, anions have a negative charge.

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

0 4328
Q:

A debit signifies a decrease in

A) revenues B) liability
C) owner's equity D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
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3 4325
Q:

Reactions that require CO2 take place in

A) the Calvin cycle alone B) the light reactions alone
C) Both A & B D) the chloroplast, but is not part of photosynthesis
 
Answer & Explanation Answer: A) the Calvin cycle alone

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

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