Bank PO Questions


Q:

Which colony was farthest north?

A) Massachusetts B) Virginia
C) Georgia D) New Hampshire
 
Answer & Explanation Answer: A) Massachusetts

Explanation:

There are 13 colonies and are ruled by England.

 

The farthest north colony - Massachusetts

The farthest south colony - Georgia

The oldest colony - Virginia

The colony between the 2 parts of Massachusetts - New Hampshire

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Filed Under: World Geography
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Q:

Disinvestment means-

A) To reduce government share in the FDI B) To reduce the government share in the public sector
C) To reduce government share in Market D) To reduce the government share in the private sector
 
Answer & Explanation Answer: B) To reduce the government share in the public sector

Explanation:

Disinvestment is the action of an organization or government selling or liquidating an asset or subsidiary.

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Filed Under: Bank Interview
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9 3874
Q:

The difference between simple interest and compound interest of a certain sum of money at 20% per annum for 2 years is Rs. 56. Then the sum is :

A) Rs. 3680 B) Rs. 2650
C) Rs. 1400 D) Rs. 1170
 
Answer & Explanation Answer: C) Rs. 1400

Explanation:

We know thatThe Difference between Compound Interest and Simple Interest for n years at R rate of interest is given by C.In - S.In = PR100n

Here n = 2 years, R = 20%, C.I - S.I = 56

56 = P201002=> P = 56 x 52=> P = 56 x 25=> P = Rs. 1400

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Filed Under: Compound Interest
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28 3873
Q:

Three of the following four are alike in a certain way and hence form a group. Which is the one that does not belong to that group?

A) 8 B) 13
C) 29 D) 38
 
Answer & Explanation Answer: D) 38

Explanation:

The numbers are based on the expression n2 + 4

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Filed Under: Classification
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18 3873
Q:

A colored ion generally indicates a

A) transition metal B) metalloid
C) large in size D) Both B & C
 
Answer & Explanation Answer: A) transition metal

Explanation:

A colored ion generally indicates a transition metal.

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Filed Under: Chemistry
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0 3872
Q:

What would be the next number in the sequence 52, 56, 48, 64, 32, ?

A) 96 B) 48
C) 54 D) 81
 
Answer & Explanation Answer: A) 96

Explanation:

The given number series is 52, 56, 48, 64, 32, …

It follows a pattern that,

52

52 + 4 = 56

56 - 8 = 48

48 + 16 = 64

64 - 32 = 32

32 + 64 = 96

Therefore, the required next number in the given number series is 96.

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Filed Under: Number Series
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8 3871
Q:

Most modern Banking Systems are based on

A) commodity money B) 100 percent reserves
C) fractional reserves D) money of intrinsic value
 
Answer & Explanation Answer: C) fractional reserves

Explanation:

Most modern banking systems are based on Fractional reserves.

 

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

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2 3871
Q:

Which sentence contains a misplaced modifier?

A) Covered in fluffiness, the couple played with the kitten. B) While playing, Lancaster jumped on the feathers.
C) While eating a croissant, Latha waved to the crowd. D) Having eaten lunch, the girl turned on the laptop.
 
Answer & Explanation Answer: A) Covered in fluffiness, the couple played with the kitten.

Explanation:

When modifiers are misplaced or put in the wrong place, things can get quite confusing. A modifier adds detail or limits or changes the meaning of another word or phrase. 

 

Here Option A) "Covered in fluffiness, the couple played with the kitten" is the ony sentence contains a misplaced modifier. In the sentence, it gives the meaning that the couple are fluffy not the kitten.

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Filed Under: English
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