Bank PO Questions and Answers with Explanation, Job Roles

Q:

How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest?

A) 65years	B) 56years
C) 45years	D) 57years

Answer & Explanation Answer: B) 56years

Explanation:

Simple interest is given by the formula SI = (pnr/100), where p is the principal, n is the numberof years for which it is invested, r is the rate of interest per annum

In this case, Rs. 1250 has become Rs.10,000.

Therefore, the interest earned = 10,000 – 1250 = 8750.

8750 = [(1250 x n x 12.5)/100]

=> n = 700 / 12.5 = 56 years.

Report Error

View Answer Report Error Discuss

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

30 22442

Q:

Generic is most similar in meaning to

A) Branded	B) Basic
C) Trademarked	D) Specific

Answer & Explanation Answer: B) Basic

Explanation:

Generic means related to a group of similar things rather than a particular one. It means it is not a specific thing like branded or trademarked. Hence it is a basic one.

Among the given options, Generic is most similar in meaning to Basic.

Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

35 22400

Q:

What percent of a day is 3 hours?

A) 14.9%	B) 12.5%
C) 15.6%%	D) 11.4%

Answer & Explanation Answer: B) 12.5%

Explanation:

Let p% of a day is 3 hrs.

We know that a day has 24 hrs.

=> p x 24/100 = 3

=> p = 300/24

=> p = 12.5%

Hence, 3 hrs is 12.5% of a day.

Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

24 22383

Q:

A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

A) 5%	B) 8%
C) 12%	D) 15%

Answer & Explanation Answer: C) 12%

Explanation:

S.I. for 3 years = Rs. (12005 - 9800) = Rs. 2205.

S.I. for 5 years = Rs. $\frac{2205}{3} \times 5$ = Rs.3675

Principle = Rs.(9800-3675) = Rs.6125

Hence, Rate = $[\frac{100 \times 3675}{6125 \times 5}]$ =12%

Report Error

View Answer Report Error Discuss

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

18 22323

Q:

In what time will Rs. 1000 become Rs. 1331 at 10% per annum compounded annually?

A) 1years	B) 2years
C) 3years	D) 4years

Answer & Explanation Answer: C) 3years

Explanation:

Principal = Rs. 1000; Amount = Rs. 1331; Rate = 10% p.a. Let the time be n years. Then,
[ 1000 (1+ (10/100))^n ] = 1331 or (11/10)^n = (1331/1000) = (11/10)^3
n = 3 years

Report Error

View Answer Report Error Discuss

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

39 22322

Q:

Which of the Following is an Amorphous solid?

A) Quartz Glass(Sio2)	B) Chrome Alum
C) Silicon Carbide(SiC)	D) Graphite

Answer & Explanation Answer: A) Quartz Glass(Sio2)

Explanation:

An amorphous or non-crystalline solid is a solid that lacks the long-range order that is characteristic of a crystal. In Brief, An amorphous solid is any noncrystalline solid in which the atoms and molecules are not organized in a definite lattice pattern. Such solids include glass, plastic, and gel.

Quartz glass (SiO2) is an amorphous solid due to its short range order of constituent particles. Note Quartz is a crystalline solid while quartz glass is an amorphous solid.

Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

52 22318

Q:

A letter is takenout at random from 'ASSISTANT' and another is taken out from 'STATISTICS'. The probability that they are the same letter is :

A) 35/96	B) 19/90
C) 19/96	D) None of these

Answer & Explanation Answer: B) 19/90

Explanation:

$A S S I S T A N T \to A A I N S S S T T$

$S T A T I S T I C S \to A C I I S S S T T T$

Here N and C are not common and same letters can be A, I, S, T. Therefore

Probability of choosing A = $\frac{2_{C_{1}}}{9_{C_{1}}} \times \frac{1_{C_{1}}}{10_{C_{1}}}$ = 1/45

Probability of choosing I = $\frac{1}{9_{C_{1}}} \times \frac{2_{C_{1}}}{10_{C_{1}}}$ = 1/45

Probability of choosing S = $\frac{3_{C_{1}}}{9_{C_{1}}} \times \frac{3_{C_{1}}}{10_{C_{1}}}$ = 1/10

Probability of choosing T = $\frac{2_{C_{1}}}{9_{C_{1}}} \times \frac{3_{C_{1}}}{10_{C_{1}}}$ = 1/15

Hence, Required probability = $\frac{1}{45} + \frac{1}{45} + \frac{1}{10} + \frac{1}{15} = \frac{19}{90}$

Report Error

View Answer Report Error Discuss

Filed Under: Probability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

97 22279

Q:

At what time, between 3 o’clock and 4 o’clock, both the hour hand and minute hand coincide each other ?

A) 3:16 7/11	B) 3:16 11/4
C) 3:30	D) 3:16 4/11

Answer & Explanation Answer: D) 3:16 4/11

Explanation:

Coincide means 00 angle.

This can be calculated using the formulafor time A to B means [11m/2 - 30 (A)]

Here m gives minutes after A the both hands coincides.

Here A = 3, B = 4

0 =11m/2 –30 × 3
11m = 90 × 2 = 180
m= 180/11 = 16 ⁴/₁₁

So time = 3 : 16 ⁴/₁₁

Report Error

View Answer Report Error Discuss

Filed Under: Clocks
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

33 22155

Bank PO Questions

Quick Links