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Bank PO / SO / Clerk Online Class Test- CISP

  • Remaining Timing :-

(1). Gopu invested Rs.X for 2 years in scheme 'A' which offered 30% p.a. compound interest (compound annually). He lent the interest earned from scheme 'A' to Subbu, at the rate of 5% p.a simple interest. If at the end of 4 years, subbu gave Rs.24840 to Gopu and thereby repaid the whole amount (actual loan+interest), what is the value of 'X'?

  • (a). Rs.40000
  • (b). Rs.57000
  • (c). Rs.65000
  • (d). Rs.30000
  • (e). None of these
Answer : Rs.30000

Explanation:

(2). A sum of money was invested for 15 years in scheme 'A' which offers simple interest at a rate of 7% p.a The amount received from Scheme 'A' after 15 years was then invested for two years in scheme B which offers compound interest (compounded annually) at a rate of 10% p.a If the interest received form scheme B was Rs.6457.5 , what was the sum invested in scheme A?

  • (a). Rs.15,500
  • (b). Rs.14,500
  • (c). Rs.15,000
  • (d). Rs.30,000
  • (e). None of these
Answer : Rs.15,000

Explanation:

(3). The simple interest on a certain sum for 8 months at 15% per annum is Rs.154 more than the simple interest on the same sum for 14 month at 7 % per annum. What is the sum?

  • (a). Rs.2580
  • (b). Rs.2400
  • (c). Rs.2529
  • (d). Rs.8400
  • (e). None of these
Answer : Rs.8400

Explanation:

(4). A certain sum of money invested for 2 years @ 5 p.c.p.a compound interest amounts to Rs.4410. Had the rate of interest been 9%, the amount received after 2 years is?

  • (a). Rs.4853.40
  • (b). Rs.4550
  • (c). Rs.4750.54
  • (d). Rs.4752.40
  • (e). None of these
Answer : Rs.4752.40

Explanation:

(5). An interest of rupees 5400 is earned when rupees 15000 is invested for 4.5 years at the rate of R% pa simple interest. What will be the interest earned when the same sum of money is invested at a rate of 'R+4'% pa Compound interest for two years?

  • (a). Rs.3816
  • (b). Rs.2880
  • (c). Rs.2480
  • (d). Rs.3168
  • (e). None of these
Answer : Rs.3816

Explanation:

(6). A sum of money lent at compound interest for 2 years at 10% per annum would fetch Rs.55.0625 more if the interest was payable half yearly then if it was payable annually. The sum is ?

  • (a). Rs.10000
  • (b). Rs.20000
  • (c). Rs.40000
  • (d). Rs.50000
  • (e). None of these
Answer : Rs.10000

Explanation:

(7). Mr.Rakesh invested money in two schemes X & Y offering compound interest @ 10% p.a and 12 % p.a respectively if the total amount of interest accrued through two schemes together in two years was Rs.10560 and the total amount invested was Rs.45000. What was the amount invested in scheme X?

  • (a). Rs.25000
  • (b). Rs.15000
  • (c). Rs.20000
  • (d). Can't say
  • (e). None of these
Answer : Rs.20000

Explanation:

(8). A man borrows Rs.2550 to be paid back with compound interest at the rate of 4 % p.a by the end 2 years in two equal yearly installments. How will each instalment be?

  • (a). Rs.1275
  • (b). Rs.1283
  • (c). Rs.1352
  • (d). Rs.1377
  • (e). None of these
Answer : Rs.1352

Explanation:

(9). A man borrows Rs.10000 at 10% compound interest at the end of every year he pays Rs.1000 as part repayment. How much does he still owe after three such installments?

  • (a). Rs. 10000
  • (b). Rs. 8500
  • (c). Rs. 6500
  • (d). Rs. 7500
  • (e). None of these
Answer : Rs. 10000

Explanation:

(10). The effective annual rate of interest corresponding to a nominal rate of 12% per annum payable half-yearly is:

  • (a). 25.44%
  • (b). 12.36%
  • (c). 6.66%
  • (d). 5.50%
  • (e). None of these
Answer : 12.36%

Explanation:

(11). What is the position of Manager F with respect to the Manager of Indian Bank?

  • (a). 3rd to right the of Manager of Indian Bank
  • (b). 3rd to left of the Manager of Indian Bank
  • (c). 2nd to left the of Manager of Indian Bank
  • (d). Both 1 and 2 are correct
  • (e). None of these
Answer : Both 1 and 2 are correct

Explanation:

(12). Who is the Manager of IOB?

  • (a). C
  • (b). Either F or D
  • (c). B
  • (d). A
  • (e). None of these
Answer : Either F or D

Explanation:

(13). Who is sitting between Manager D and B?

  • (a). A
  • (b). E
  • (c). F
  • (d). C
  • (e). None of these
Answer : C

Explanation:

(14). Who is on the immediate right of the Manager E?

  • (a). B
  • (b). C
  • (c). A
  • (d). F
  • (e). D
Answer : D

Explanation:

(15). Who is the Manager of Indian Bank?

  • (a). C
  • (b). D
  • (c). E
  • (d). F
  • (e). None of these
Answer : C

Explanation:

(16). Which of the following are pairs of females?

  • (a). E, B
  • (b). A, E
  • (c). A, B
  • (d). Can't be determined
  • (e). None of these
Answer : E, B

Explanation:

(17). Who belongs to Bangalore?

  • (a). C- Stall 3
  • (b). Corporate Loan - Stall 4
  • (c). Jewel Loan - Stall 1
  • (d). E - Stall 2
  • (e). None of these
Answer : C- Stall 3

Explanation:

(18). Home Loans are available on which stall?

  • (a). Stall 2
  • (b). Stall 1
  • (c). Stall 5
  • (d). Stall 4
  • (e). Stall 3
Answer : Stall 1

Explanation:

(19). Who is the manager of Corporate Loan?

  • (a). A
  • (b). B
  • (c). D
  • (d). C
  • (e). None of these
Answer : D

Explanation:

(20). Which of the following is true?

  • (a). Stall - 3 - Jewel Loan - B - Coimbatore
  • (b). Stall - 5 - Corporate Loan - D - Madurai
  • (c). Stall - 4 - Credit Card - E - Delhi
  • (d). Stall - 2 - Car loan - A - Chennai
  • (e). None of these
Answer : Stall - 5 - Corporate Loan - D - Madurai

Explanation: