Bank PO Questions


Q:

In economics,"capital" refers to

A) mineral resources B) the money in one's pocket
C) consumer goods D) buildings and equipment
 
Answer & Explanation Answer: D) buildings and equipment

Explanation:

Capital refers to buildings and equipment i.e, goods which are used by workers to produce other goods such as machinery, land, ...

Capital has a number of related meanings in economics, finance, and accounting.

In economics, Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship.

In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business.

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

5 3724
Q:

On retirement, a woman gets Rs. 1,45,440 of her provident fund which she invests in a scheme at 20% per annum. Her monthly income from this scheme will be

A) Rs. 2550 B) Rs. 2424
C) Rs. 2224 D) Rs. 2380
 
Answer & Explanation Answer: B) Rs. 2424

Explanation:

Now, the principal amount P = Rs. 1,45,440

Rate of interest R = 20%/annum

Now monthly income I = PTR/100 = 1,45,440 x 20 x 1/100 x 12

= 2908800/1200

= Rs. 2424.

 

Hence, her monthly income = Rs. 2424.

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

4 3723
Q:

Determine the nominal rate of interest if:
The periodic rate is 1.75% per quarter.

A) 7% B) 8%
C) 9% D) 10%
 
Answer & Explanation Answer: A) 7%

Explanation:

j=mi

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

3 3720
Q:

I am always infront of you, but you will never see me. Who am I?

A) Mirror B) Shadow
C) Future D) None of the above
 
Answer & Explanation Answer: C) Future

Explanation:

Yes, future is always infront of us, but no one can see it.

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3 3717
Q:

"Tigris River" flows through which of the following countries ?

A) Iran B) Italy
C) Iraq D) Egypt
 
Answer & Explanation Answer: A) Iran

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

16 3717
Q:

World hemophilia day is observed globally on ___________.

A) 18 April B) 15 April
C) 21 April D) 17 April
 
Answer & Explanation Answer: D) 17 April

Explanation:

World hemophilia day is observed globally on 17 April.

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Filed Under: Important Days and Years
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

3 3717
Q:

How many 4-letter words with or without meaning, can be formed out of the letters of the word, 'LOGARITHMS', if repetition of letters is not allowed ?

A) 5040 B) 2525
C) 2052 D) 4521
 
Answer & Explanation Answer: A) 5040

Explanation:

The Word LOGARITHMS  contains 10 letters.

To find how many 4 letter words we can form from that = P410 =10x9x8x7 = 5040.

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Filed Under: Permutations and Combinations
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

4 3716
Q:

The most valuable cash crop of Brazil is 

A) Tea B) Coffee
C) Cardamom D) Spices
 
Answer & Explanation Answer: B) Coffee

Explanation:

Warm, moist climate (with a temperature of 180 C- 270C and well-distributed rainfall between 125 to 200 cms) and deep, loamy, well-drained soil made of weathered lava are most suitable for the cultivation of coffee. However,  Brazil is a quantity producer and not a quality producer.

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Filed Under: World Geography
Exam Prep: Bank Exams
Job Role: Bank PO

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