Bank Exams Practice Question and Answer

Q: Find the C.I. on Rs. 15,225 for 9 months at 16% per annum compounded quarterly ? 2140 0

  • 1
    Rs. 1911
    Correct
    Wrong
  • 2
    Rs. 1909
    Correct
    Wrong
  • 3
    Rs. 1901
    Correct
    Wrong
  • 4
    Rs. 1907
    Correct
    Wrong
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Answer : 3. "Rs. 1901"
Explanation :

Answer: C) Rs. 1901 Explanation: P = Rs. 15225, n = 9 months = 3 quarters, R = 16% p.a. per quarter.   Amount = 15225x1+41003   = (15225 x 26/25 x 26/25 x 26/25) = Rs. 17126.05   => C.I. = 17126 - 15625 = Rs. 1901.05.

Q: A man walks at a speed of 2 km/hr and runs at a speed of 6 km/hr. How much time will the man require to cover a distance of 20 1/2 km, if he completes half of the distance, i.e., (10 1/4) km on foot and the other half by running ? 2079 0

  • 1
    12.4 hrs
    Correct
    Wrong
  • 2
    11.9 hrs
    Correct
    Wrong
  • 3
    10.7 hrs
    Correct
    Wrong
  • 4
    9.9 hrs
    Correct
    Wrong
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Answer : 2. "11.9 hrs"
Explanation :

Answer: B) 11.9 hrs Explanation: We know that Time = Distance/speedRequired time = (10 1/4)/2 + (10 1/4)/6 = 41/8 + 41/6= 287/24 = 11.9 hours.

Q: The ratio of investments of two partners A and B is 7:5 and the ratio of their profits is 7:10. If A invested the money for 5 months, find for how much time did B invest the money ? 2423 0

  • 1
    11 months
    Correct
    Wrong
  • 2
    9 months
    Correct
    Wrong
  • 3
    7 months
    Correct
    Wrong
  • 4
    10 months
    Correct
    Wrong
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Answer : 4. "10 months"
Explanation :

Answer: D) 10 months Explanation: 7x5: 5xk = 7:10k = 10 months

Q: A tank is filled in eight hours by three pipes K, L and M. Pipe K is twice as fast as pipe L, and L is twice as fast as M. How much time will pipe L alone take to fill the tank ? 1783 0

  • 1
    32 hrs
    Correct
    Wrong
  • 2
    24 hrs
    Correct
    Wrong
  • 3
    28 hrs
    Correct
    Wrong
  • 4
    26 hrs
    Correct
    Wrong
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Answer : 3. "28 hrs"
Explanation :

Answer: C) 28 hrs Explanation: 1/K + 1/L + 1/M = 1/8 (Given)Also given that K = 2L and L = 2M=> 1/2L + 1/L + 2/L = 1/8=> (1 + 2 + 4)/2L = 1/8=> 2L/7 = 8=> L = 28 hours.

Q: The sum of three numbers is 98. If the ratio of the first to the second is 2:3. And that of the second to the third is 5:8, then the second number is: 1764 0

  • 1
    30
    Correct
    Wrong
  • 2
    27
    Correct
    Wrong
  • 3
    23
    Correct
    Wrong
  • 4
    33
    Correct
    Wrong
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Answer : 1. "30"
Explanation :

Answer: A) 30 Explanation: Then, A:B = 2:3 and B:C = 5:8= (5 x 3/5) : (8 x 3/5) = 3:24/5A:B:C = 2:3:24/5= 10:15:24 => B = 98 x 15/49 = 30.

Q: The price of an article has been reduced by 35%. In order to restore the original price the new price must be increased by ? 1982 0

  • 1
    51.8 %
    Correct
    Wrong
  • 2
    49.25 %
    Correct
    Wrong
  • 3
    47.2 %
    Correct
    Wrong
  • 4
    53.84 %
    Correct
    Wrong
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Answer : 4. "53.84 %"
Explanation :

Answer: D) 53.84 % Explanation: 100 65 -------65 ------- 35100 ------ ? => 53.84 %

Q: When is International Day of Families observed  ? 2055 0

  • 1
    May 13
    Correct
    Wrong
  • 2
    May 15
    Correct
    Wrong
  • 3
    May 16
    Correct
    Wrong
  • 4
    May 14
    Correct
    Wrong
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Answer : 2. "May 15"
Explanation :

Answer: B) May 15 Explanation: 15 May. Theme of International Day of Family 2017 is “Families, education and well-being”.

Q: What is the probability that a leap year has 53 Saturdays and 52 Sundays ? 2678 0

  • 1
    1/7
    Correct
    Wrong
  • 2
    2/7
    Correct
    Wrong
  • 3
    1/2
    Correct
    Wrong
  • 4
    3/2
    Correct
    Wrong
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Answer : 1. "1/7"
Explanation :

Answer: A) 1/7 Explanation: A leap year has 52 weeks and two daysTotal number of cases = 7Number of favourable cases = 1i.e., {Friday, Saturday} Required Probability = 1/7

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