Bank PO Questions


Q:

The present ages of Pranay and Sai are in the ratio of 15 : 17 respectively. After 6 years, the respective ratio between the age of Pranay and Sai will be 9 : 10. What will be the age of Pranay after 6 years?

A) 42 B) 36
C) 30 D) 24
 
Answer & Explanation Answer: B) 36

Explanation:

Let present age of Pranay = 15p

That of Sai = 17p

ATQ,

15p + 6/17p + 6 = 9/10

=> 150p + 60 = 153p + 54

=> p = 2

Therefore, Age of Pranay after 6 yrs = 15 x 2 + 6 = 36 years.

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Filed Under: Problems on Ages
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7 3261
Q:

For a nominal interest rate of 8.4%, what is the compounding frequency if the periodic interest rate is 4.2

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:

i=j/m

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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0 3260
Q:

Find the finance charge for an average daily balance of $8431.10 with monthly interest rate of 1.4%

A) 98.04 B) 88.04
C) 68.04 D) 118.04
 
Answer & Explanation Answer: D) 118.04

Explanation:

0.014*8431.10

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Filed Under: Compound Interest
Exam Prep: Bank Exams
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0 3257
Q:

Which city is known as the City of Prime Ministers?

A) Allahabad B) Varanasi
C) Hyderabad D) Ahmedabad
 
Answer & Explanation Answer: A) Allahabad

Explanation:

Allahabad is known as the City of Prime Ministers because seven out of 15 prime ministers of India since independence have connections to Allahabad(Jawaharlal Nehru, Lal Bahadur Shastri, Indira Gandhi, Rajiv Gandhi, Gulzarilal Nanda, Vishwanath Pratap Singh and Chandra Shekhar).

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Filed Under: Famous Places
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3 3256
Q:

Which structure is common to plant and animal cells?

A) Centriole B) Chloroplast
C) Central Vacuole D) Mitochondria
 
Answer & Explanation Answer: D) Mitochondria

Explanation:

Mitochondria are present in both plant and animal cells.

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Filed Under: Biology
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3 3256
Q:

25 divided by 7

A) 3.571 B) 35.71
C) 0.351 D) 0.0357
 
Answer & Explanation Answer: A) 3.571

Explanation:

Here we have 25 divided by 7.

25 will not go directly in 7

Hence, we get the result in decimals.

25/7 = 3.571.

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Filed Under: Numbers
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4 3255
Q:

The term hierarchy refers to

A) a team in which everyone is equal and has to pull his or her own weight B) a power structure in which each member knows his or her own place
C) a situation in which higher species such as men will always be in control of lower species such as animals D) a condition in which the weak must die so the strong can survive
 
Answer & Explanation Answer: B) a power structure in which each member knows his or her own place

Explanation:

Hierarchy is a system of ranking in which members of a particular society are ranked in an ascending order depending on various factors.

 

Hence, the term hierarchy refers to a power structure in which each member knows his or her own place.

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Filed Under: General Science
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2 3255
Q:

What determines the value of an item?

A) the capital required to build the factory B) the unlimited wants of the consumers
C) the resources consumed in production D) the amount of goods that are produced
 
Answer & Explanation Answer: A) the capital required to build the factory

Explanation:

Value is the monetary worth of something, in this case, it is an item.

In option A, since it is talking about capital which is measured in monetary terms.

The value of an item is determined by its quality and its age. Often antiques with good quality are sold in the market with a high value and are sometimes auctioned.

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

0 3255