Bank PO Questions


Q:

If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $10,000 after 3 years?

A) 8695.61 B) 6786
C) 3478 D) 4092
 
Answer & Explanation Answer: A) 8695.61

Explanation:

i=j/m

PV = FV (1+  i)^-n 

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

0 4310
Q:

Find the simple interest charged on borrowing $325 for 5 years at 3% p.a. (per annum or per year) interest.

A) 59 B) 46
C) 48.75 D) 34.75
 
Answer & Explanation Answer: C) 48.75

Explanation:

I= PTR100

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

3 4307
Q:

Which helps prevent errors in DNA replication?

A) Complementary base pairing reduce errors B) DNA ligase checks the DNA for errors
C) DNA is located in the ribosomes D) Any base can pair with any other base
 
Answer & Explanation Answer: A) Complementary base pairing reduce errors

Explanation:

DNA replication is the biological process of producing two identical replicas of DNA from one original DNA molecule. DNA replication occurs in all living organisms acting as the basis for biological inheritance. Complementary base pairing helps prevent errors in DNA replication.

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

3 4306
Q:

Which of the following is not an element of culture?

A) Customs and traditions B) Religion
C) Human Beleifs D) Forms of government
 
Answer & Explanation Answer: C) Human Beleifs

Explanation:

Culture is the social behavior and norms found in human societies. The 7 main elements that make up culture are ::

 

1. Social organization
- the family patterns and social classes of a culture.

 

2. Customs and traditions
- way people act, wear, what they eat, and their laws.

 

3. Language
- communication by word of mouth.

 

4. Religion
- a system of beliefs that answers questions about the meaning of life.

 

5. Art and literature
- ways the people entertain themselves. There stories they tell and how they dance. Its also the music they listen to and there artwork.

 

6. Forms of government
- the people or group(s) that control the people and provide/ enforce the laws.

 

7. Economic systems
- the method used by a society to produce and distribute goods and services.

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

39 4306
Q:

India's first cartoon network theme park "Amaazia" will come up in which city?

A) Hyderabad B) Bangaluru
C) Jaipur D) Surat
 
Answer & Explanation Answer: D) Surat

Explanation:

Broadcaster Turner International India and Gujarat-based Rajgreen Group have entered into a brand partnership to set up India’s first Cartoon Network branded amusement park "Amaazia" in Surat, Gujarat.

The park is expected to be operational by the first quarter of 2019 on a budget of Rs. 450 crore. It will spread across an area of 61,000 sq m and will have family entertainment destination with 33 theme-based attractions as well as 20 unique water-slides. It will be divided into four major sections – a theme park branded by Cartoon Network, a water park, a family recreational hub and a service apartment and retail shopping area. The park has been conceptualised and designed by the Sanderson Group, Australia.

For Turner, this is the third such arrangement globally. It has a similar model in IMG Dubai and CN Amazone Water Park, in Thailand.

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Filed Under: Famous Places
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: IT Trainer , Bank PO , Bank Clerk , Analyst

12 4305
Q:

India is the largest producer of

A) Apples B) Grapes
C) Oranges D) Bananas
 
Answer & Explanation Answer: D) Bananas

Explanation:

India is the World's largest producer of Bananas producing nearly 30 million tons a year.

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

14 4300
Q:

Which of the following memory is volatile?

A) RAM B) Floppy disc
C) ROM D) Magnetic tape
 
Answer & Explanation Answer: A) RAM

Explanation:

Volatile memory is computer memory that requires power to maintain the stored information. It is a temporary memeory which cannot contain information permanently.

Example :: RAM or Random Access Memory

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4 4299
Q:

Which player has won the Gold Medal at World Badminton Championship 2017 ?

A) Nozomi Okuhara B) Saina Nehwal
C) Carolina Marin D) P V Sindhu
 
Answer & Explanation Answer: A) Nozomi Okuhara

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

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