Bank PO Questions


Q:

Townbank offers a term deposit account paying investors 12.5% p.a. simple interest on investments over $100 000 for 2 years or more. Peta decides to invest $150 000 in this account for 2 years. How much interest will Peta earn at the end of the investment?

A) 57500 B) 47500
C) 37500 D) 67500
 
Answer & Explanation Answer: C) 37500

Explanation:

I = (p x t x r)/100

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

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Q:

Which alphabet is a tools?

A) X B) S
C) A D) Y
 
Answer & Explanation Answer: A) X

Explanation:

The letter 'X' resembles the same as the tool AXE in sounding.

 

Hence, the alphabet X is a tool.

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Q:

The bank which has launched new scheme 'Shubh Aarambh Home Loan' was ?

A) SBI B) Central Bank of India
C) Syndicate Bank D) Axis Bank
 
Answer & Explanation Answer: D) Axis Bank

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Hormones are chemicals secreted and regulated by the endocrine system.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

True. Hormones are chemicals secreted and regulated by the endocrine system.

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Subject: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

4 3957
Q:

Which State Government has approved one per cent reservation for orphans in government jobs under general category?

A) Haryana B) Maharashtra
C) Madhya Pradesh D) Uttar Pradesh
 
Answer & Explanation Answer: B) Maharashtra

Explanation:
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Q:

Which Bank has become the first bank in India to launch DigiPOS, a Point of Sale (POS) machine ?

A) Yes Bank B) HDFC Bank
C) ICICI Bank D) SBI
 
Answer & Explanation Answer: B) HDFC Bank

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

4 3948
Q:

The world's tallest twisted tower is ?

A) Tokyo Sky Tree B) BREN Tower
C) Burj Khalifa D) Infinity Tower
 
Answer & Explanation Answer: D) Infinity Tower

Explanation:

The world's tallest twisted tower, the Infinity Tower was launched in Dubai Marina on 10 June 2013.

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Filed Under: Famous Places
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank PO

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Q:

15 semiannual payments are made into a sinking fund at 7% compounded semiannually so that $4850 will be present. Find the amount of each payment rounded to the nearest cent

A) 251.35 B) 245.45
C) 235.87 D) 251
 
Answer & Explanation Answer: A) 251.35

Explanation:

R=S[i/(1+i)^n-1]

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

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