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1.

A fan is sold for Rs 900 cash or Rs 400 cash down payment followed by Rs 520 after two months at simple interest .The annual rate of interest is:A. 0.25B. 0.3C. 0.24D. 0.23

Answer» Correct Answer - c
use the fomula to find simple interest
2.

What is the input data in the problem ? How many apples can you buy if one apple costs Rs 10 if you have Rs 20?

Answer» Correct Answer - one apple costs Rs 10 you have Rs 20
3.

Is a decision box needed for the following statement ? How much is that apple (yes/no)

Answer» Correct Answer - no
4.

If the input values of A and B are 18 and 12 then what is the output of the algorithm below ? Step 1 : Read the values of A and B Step 2: If `A ge B` then C=A-B Otherwise C=B-A Step 3: Print C Step 4: EndA. 8B. -6C. 6D. 10

Answer» Correct Answer - c
A = 18 and B=12
As `AgtB`
`therefore` C=A-B=6
`therefore` output =6
5.

The pictorial representation of the algorithm of a problem is know as________

Answer» Correct Answer - flow chart
6.

Which of the following is an appropriate algorithm to add two number A and BA. (i) Read the two number A and B (ii) Display the sum of the numbers (iii) Add the two numbersB. (i) Read the two number A and B (ii) Add the two number A and B (iii) Display the sumC. (i) Display the sum of the number (ii) Read the two number A and B (iii) Add the number A and BD. (i) Add the two number A and B (ii) Read the two number A and B (iii) Display the sum

Answer» Correct Answer - b
Read the option carefully and decide the correct output for p =6
7.

The communication with hardware parts of the computer is possible through__________

Answer» Correct Answer - software
8.

Write an algorithm to find the area of a rectangleA. (i) Read length (l) and breadth (b) (ii) Find the area by using A=`lxxb` ltrbgt (iii) Display the areaB. (i) Find the area by using A =2(l+b) ltrbgt (ii) Display the area (iii) Read length (l) and breadth (b)C. (i) Read length (l) and breadeth (b) ltrbgt (ii) Find the area by using A=2(l+b) (iii) Display the areaD. (i) Read legth (l) and breadth (b) (ii) Display the area (iii) Find the area by using A=`lxxb` (iv) Display length and breadth

Answer» Correct Answer - a
9.

Evalutate the following expression as a computer does I `(dxxa)/(b-cxxe)` II `(r )/((pxxq)-cxxe)` The values of I and II are:A. `(a)/(b)-ce,(r )/(pq)-ce`B. `(d)/(ab)-ce,(re)/(p)-ce`C. `(ad-ce)/(b),(r )/(pq-ce)`D. `(ad)/(b-c)e,(r )/(pq-ce)

Answer» Correct Answer - a
10.

A man earns money form different businesses he opened his account on 4-2-2005 with Rs 500 In every month on the 8th he deposits rs 10000 and every onth on the 27 th he draws Rs 5000 beginning form february on the 15th of every alternate month he depositts Rs 2000 one march 15 he withdraws Rs 1500 calculate the sum on which he earns interest at the end of april 2005A. Rs 22500B. Rs 37500C. Rs 36500D. Rs 11500

Answer» Correct Answer - c
Find the minimum balance of each month and add them
11.

Rajeshwar makes a fixed deposit of Rs 6000 for 1 year if the rate of interest is 10% per annum and compounded half yearly .Then find the total amount that he received after one year

Answer» Correct Answer - Rs 6615
12.

Naveen opened a bank account by depositing Rs 80000 for 2 year at 10% per annum compound inerest compounded annually .At the end of two year he withdrew a certain amount and the remaining amount is deposited for the 3rd year .AT the end of the 3rd year he withdrew the total balce of rs 99000 form the abnk .What amount did he withdraw at the end of the 2nd year?A. Rs 8200B. Rs 4500C. Rs 6800D. Rs 10000

Answer» Correct Answer - c
(i) Find the amount after 2 year
(ii) Find the amount after 2 year of depositing by
`A=P(1+(R )/(100)^(n))`
(ii) Subtract the amount which is withdrawn from A
(iii) By using `A=(1+(R )/(100)^(n))` get the value of amount withdrawn at the end of the 2nd year
13.

Evalulate the following expression as performed by a computer `540-9xx58+(301)/(43)-(324)/(18)`A. 7B. 9C. 11D. 13

Answer» Correct Answer - a
`540-9xx58+301//43-324//18=540-9xx58+7-18%(because 301//43=7 and 324//18=18)`
`=540-522+7-18=547-540=7`
14.

Shiva makes a fixed deposited of Rs 15000 with a bank for 1 year 6 months .If the rate of interest is 8% per annum compounded half yearly then the amount which shiva received at the end of this period is ______A. Rs 16812.90B. Rs 16872.96C. Rs 17872.96D. Rs 18872.96

Answer» Correct Answer - b
use the formules to find compound interest
15.

Ashok opened a fixed deposit with certain amount in a bank .The sum quadrupled in 8 year at R% annum interest being compounded annually Find the time in which it will become 32 times itself at R% per annum interest being compounded annually (in years)A. 20B. 24C. 16D. 28

Answer» Correct Answer - a
Let the sum be Rs P
`P(1+(R )/(100))^(8)=49`
`(1+(R )/(100)^(8)=4`
`1+(R )/(100)=4^(1//8)`
Let the required time by N year
`P(1+(R )/(100))^(N)=32 P`
`(1+(R )/(100)^(N)=32`
`(4^(1//8))^(N)=32`
`(2^(2))^(N//8)=2^(5)`
`2^(N//4)=2^(5)`
`(N)/(4)=5rarrN=20`
16.

Anil opened a recurring deposit account with Axis Bank for n year .He deposited Rs 800 in every month.The bank paid him Rs 10784n on maturity The rate of interest was 8% per annum .Find nA. 3B. 2.5C. 2D. 3.5

Answer» Correct Answer - a
Time period = 12n months
`SI(in Rs) =800((12n)(12n+1))/(2)(1/12)(8/100)`
`=32n (12n+1)
Amount paid by the bank (in Rs)
=(12n)(800)+32n(12n+1)
=960n+32n(12n+1)
Given ,9600 n + 32n (12n+1)
`rarr 32n(12n+1)=10.784n=1184n`
`rarr 12n+1=37rarr n=3`
17.

Ramu opened a saving bank account with a bank on 3-4-2005 with a deposit of Rs 500 .He deposited Rs 50 on 12-4-2005 and thereafter neither deposited nor withdrew any amount .The amount on wihich he would receive interest for the month of april 2005 is ______A. Rs 500B. Rs 50C. Rs550D. none of the above

Answer» Correct Answer - a
Interest will be calculated for the minimum balance beginning form the 10th day of the month
18.

Bala opened a fixed deposit account for 2 year by making a deposite of Rs 12000 .The rate of interest was 20% per annum interest being comounded annually find the total interst paid by the bank (inRs )A. 4800B. 5280C. 5760D. 6240

Answer» Correct Answer - b
Maturity amount (in Rs) =12000`(1+((20)/(100)^(2))`
`=12000)(1.2)^(2)=12000(1.44)=17.280`
Total interest (in Rs) =17280-12000=5280
19.

Rahul opened a saving bank account with a bank on 1-1-2006 with a deposit of rs 1000 .He deposited Rs 100 on 9-1-2006 .The amount on which he would received interest for the month of february 2006A. Rs 1000B. Rs 100C. Rs 1100D. 0

Answer» Correct Answer - c
Find the minimum balance between the 10th day and the last day of the month
20.

What was the balance in her account as on 31-7-2006 ?A. Rs 64000B. Rs 44800C. Rs 40320D. none of the above

Answer» Correct Answer - c
find the minimum balacne up to the month of july
21.

Rohan opened a saving bank account with indian bank on 2-5-2006 .His initial balance was Rs 650 .He withdrew Rs 150 on 11-5-2006 and thereafter he neither deposited nor withdrew any amount during that month .Find the amount on which he would receive interest for that month (in Rs)A. 150B. 650C. 500D. none of these

Answer» Correct Answer - c
Balance of rohan after withdrawal (in Rs) = 650-150=500
Minimum closing balance between 10-5-2006 and the last day of 2006 is Rs 500
`therefore` Interest would be received on Rs 500
22.

Bala opened a saving bank account with a bank on 4-1-2007 where interest is credited at the year end. The sum of the minimum balance held by bala up to the end of december 2007 was rs 4800 he earned an interest of Rs 2 month that year find the annual rate of interestA. 6% per annumB. 4.5% per annumC. 5% per annumD. 4% per annum

Answer» Correct Answer - a
Let the annual rate of interest be R% per annum
Total interest for that year (in Rs ) =(2)(12)=24
`24=((4800)(R ))/((100)(12))
R=6%
23.

Abhijit opened an accont with Rs 40000 on 1-1-2006 .His transactions are as follows : (a) On the january 10 he withdrew 20% of the amount that he deposited (b) On the february 10 he withdrew 40% of the balance amount (c ) on march 10 he drew 5% of the balance amont If abhijit closes his account on 1-4-2006 then find the total amount he would receive if the bank paid interest at 4% per annum (approximately)

Answer» Correct Answer - Rs 18471
24.

Sameena has a saving bank account with a state bank branch .The entries in her pass book for the month of may are as follows As on 1-5-2006 balance is Rs 22200 On 5-5-2006 amount deposited is Rs 8800 On 9-5-2006 amount deposited is Rs 1000 On 10-5-2006 amount deposited is Rs 5000 On 16-5-2006 amount deposited is Rs 40000 Calulate the interest she earns for the month of may at the rate of 4% per annumA. Rs 100B. Rs 223.30C. Rs 90D. Rs 256.60

Answer» Correct Answer - c
25.

If the bank pays interest at different rates for different periods as follows (i) 4% per annum up to the date 1-9-2006 (ii) 3% annum form 2-9-2006 to 31-12-2006 ltbnrgt Then the total interest is _______A. Rs 285B. Rs 310C. Rs 290D. Rs 303

Answer» Correct Answer - d
Find the minimum balance till 1-9-06 similarly find the minimum balance from 2-9-06 to 31-12-06
26.

Rahul opened a saving bank account with a bank on 1-2-2006 with a certain amount interest is credited to his account at the end of june and december every year and the rate of interset is 5% per annum .If the sum of the minimum balance up to the end of june is Rs 2000 then the interest that Rahul gets at the end of june 2006 is ____________A. Rs 8.01B. Rs 8.33C. Rs 8.20D. Rs 8.40

Answer» Correct Answer - b
Use the formula to find simple interest
27.

If he draws Rs 5000 on 5-10-2006 from the bank and the remaining data is the same then what is the interest paid to him by the bank on 1-11-2006? (inerest rate =4%)A. Rs 462B. Rs 392C. Rs 352D. Rs 823

Answer» Correct Answer - c
Find the minimum balalnce for different months
28.

Calculate the total approximate interest earned by ravi up to 31-12-2006 .The rates of interest which change from time to time are as follows (i) 5% per annum up to 3-8-2006 (ii) 4.5 % per annum from 1-9-2006 to 31-12-2006A. Rs 395B. Rs 405C. Rs 400D. Rs 385

Answer» Correct Answer - a
29.

Ravi opened a saving bank account with a bank on 1-2-2006 Find the sum of the eligible monthly balances for which interest is calculated at the end of december?A. Rs 95000B. Rs 98000C. Rs 100000D. Rs 92000

Answer» Correct Answer - b
30.

what is the total amount on which interest is paid till 1-8-2006A. Rs 160000B. Rs 189440C. Rs 198000D. Rs 200000

Answer» Correct Answer - b
Find the minimum balance for differetn months
31.

Why is charles babbage known as the father of computer?

Answer» Correct Answer - because all the ideas of babbage which he proposed were incorporated in the computer
32.

Banks provide __________cheques and __________exchange to the tourists

Answer» Correct Answer - travellers foreign
33.

There is no restriction on the amount deposited / withdraw or on the number of withdrawals in a _______account

Answer» Correct Answer - current
34.

The purpose of ____________account is to encourage the habit of saving

Answer» Correct Answer - saving bank
35.

If a cheuq is issue without having minimum balance in the account the cheque will be ________(dishonoured / passed )

Answer» Correct Answer - dishonoured
36.

The deposits and withdrawals are recodedin a small note book known as_________

Answer» Correct Answer - pass book
37.

In____________ account the depostior is poid a lum sum payment after the expiry of the fixed period during which the account holder deposits small amonts at regular intervals (i.e monthly)

Answer» Correct Answer - recurring deposit
38.

_________are given by banks on rent to keep valuables in safe of saving

Answer» Correct Answer - lockers
39.

If three distinct number x,y and z given and we need to find the largest number among the three then an appropriate flowchart wirtten to accomplish this task consist to ______A. at least 1 decision boxB. at least 2 decision boxC. only 1 decision boxD. no decision box

Answer» Correct Answer - b
40.

(a) Read the value of P and Q (b) If `PgtQ `then k=p-q (c )If `pltq` then k = p+q (d) If p=q then k=p*q (e ) print the answer :k (f ) stop If the input values P and Q are 10 and 25 then what is the oupute of the above algorhtim ?A. 250B. 15C. 35D. 2

Answer» Correct Answer - c
41.

under hire purchase scheme the buyer is called __________

Answer» Correct Answer - hirer