Bank PO Questions


Q:

The process of making RNA from DNA is called

A) Replication B) Translation
C) Transcription D) None of the above
 
Answer & Explanation Answer: C) Transcription

Explanation:

The process of making RNA from DNA is called Transcription.

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Filed Under: General Science
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Q:

Compounding interest means interest accrues

A) at variable rates throughout the term B) more quickly than simple interest
C) more slowly than simple interest D) at the same rate as simple interest
 
Answer & Explanation Answer: B) more quickly than simple interest

Explanation:

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)


Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

 

How it grows ::

 

compound_interest1532497613.jpg image

 

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Filed Under: Bank Interview
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Q:

What is located at 180 degrees longitude?

A) Fiji B) Russia
C) Antarctica D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

The 180th meridian or antimeridian is the meridian 180° east or west of the Prime Meridian, with which it forms a great circle dividing the earth into the Western and Eastern Hemispheres.

It is common to both east longitude and west longitude.

It is used as the basis for the International Date Line because it mostly passes through the open waters of the Pacific Ocean. However, the meridian passes through Russia and Fiji as well as Antarctica.

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Filed Under: World Geography
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Q:

Why is secondary storage needed?

A) no need of power supply B) large storage capacity
C) Both A & B D) None of the above
 
Answer & Explanation Answer: C) Both A & B

Explanation:

Secondary storage therefore needed because it is non-volatile, meaning it retains its contents without the need for a power supply. It also has the large storage capacity needed to store the operating system and all the programs and files needed by a modern computer system.

secondary_storage1532340725.jpg image

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Filed Under: Computer
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Q:

The Kargil War was between India and Pakistan took place in

A) 2001 B) 1983
C) 1999 D) 1989
 
Answer & Explanation Answer: C) 1999

Explanation:

The KargilWar was between India and Pakistan took place between May and July in 1999.

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Filed Under: Indian History
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Q:

The law of demand states that other things equal

A) as the price increases, the quantity demanded will decrease. B) as the price increases, the quantity demanded will increase.
C) as the price decreases, the demand curve will shift to the right. D) as the price increases, the demand will decrease.
 
Answer & Explanation Answer: A) as the price increases, the quantity demanded will decrease.

Explanation:
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Filed Under: Indian Economy
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Q:

Pulses are a good source of

A) Proteins B) Fats
C) Vitamins D) Carbohydrates
 
Answer & Explanation Answer: A) Proteins

Explanation:

A pulse is an edible seed that grows in a pod. Pulses include all beans, peas, and lentils.
Pulses are a great source of protein.

This means they can be particularly important for people who do not get protein by eating meat, fish or dairy products.

 

However, pulses can also be a healthy choice for meat-eaters. You can add pulses to soups, casseroles and meat sauces to add extra texture and flavor. This means you can use less meat, which makes the dish lower in fat and cheaper.

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Filed Under: General Science
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Q:

2 is what percent of 50?

A) 3 B) 4
C) 2.5 D) 5
 
Answer & Explanation Answer: B) 4

Explanation:

Let p% of 50 is 2

=> p x 50/100 = 2

=> p = 4%

 

Hence, 2 is 4 percent of 50.

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Filed Under: Percentage
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