Formatting page ...
lOMoARcPSD|35094712 Banking MCQs Mathematics Class10 (University of Kerala) Studocu is not sponsored or endorsed by any college or university Downloaded by Rakesh Kademane1 (rakeshkademane9@gmail.com) lOMoARcPSD|35094712 Banking Multiple Choice Questions (1) A man deposited Rs.1000 per month in a recurring deposit account for 3 years at 8% p.a. The maturity value is : (a) Rs.44,000 (b) Rs.40,000 (c) Rs.40,440 (d) Rs.44,444 (2) Kamal has a recurring deposit account in a bank for 2 years at 6% p.a. S.I. If he gets Rs.1200 as interest, then the monthly instalment is . (a) Rs.1000 (b) Rs.900 (c) Rs.850 (d) Rs.800 (3) A man deposited Rs. x per month for y years in a recurring deposit account. If at the time of maturity he got Rs. z as interest, then the total maturity amount is . (a) Rs. (12xy + z) (b) Rs.12xyz xyz 12 (4) A man deposits Rs.2000 per month in a recurring deposit account for 18 months at 8% p.a. The interest he will get at the time of maturity is : (a) Rs.2280 (b) Rs.2350 (c) Rs.2400 (d) Rs.2410 (5) Sharda deposited Rs.150 per month in a bank for 8 months under the recurring deposit scheme. If the rate of interest is 8% p.a., then interest earned at the time of maturity is : (a) Rs.50 (b) Rs.40 (c) Rs.36 (d) Rs.30 (6) Piyush has a recurring deposit account for 2 years at 10% p.a. If he receives Rs.1900 as interest, the monthly instalment paid by him is : (a) Rs.700 (b) Rs.750 (c) Rs.760 (d) Rs.800 (7) Kamal deposits Rs.4,000 per month in a recurring deposit account for 1 and half years at 6% p.a. The interest he will receive at the time of maturity is : (a) Rs.3,420 (b) Rs.3,240 (c) Rs.3,150 (d) Rs.3,110 (8) Amrita deposited Rs.1600 per month in a recurring deposit account for 2 years. If the rate of interest is 8% p.a. then the interest earned by her at the time of maturity is : (a) Rs.3,200 (b) Rs.3,450 (c) Rs.3,550 (d) Rs.3,600 (9) Ajay deposited Rs.2400 per month for 18 months in a bank's recurring deposit account. If the bank pays interest at 6% p.a., the interest he gets at the time of maturity is (a) Rs.1,550 (b) Rs.18,000 (c) Rs.2,052 (d) Rs.3,250 (10) Dinesh has a recurring deposit account, which pays interest at 5% p.a. If he pays Rs.2500 per month for 2 years, then the interest he will get at the time of maturity is : (a) Rs.3,000 (b) Rs.3,025 (c) Rs.3,200 (d) Rs.3,125 (11) Mr. Bose gets Rs.6,455 at the end of one year at the rate of 14% p.a. in a recurring deposit account. (i) The monthly instalment is : (a) Rs.1000 (b) Rs.800 (c) Rs.500 (d) Rs.400 (ii) The interest earned is : (a) Rs.455 (b) Rs.460 (c) Rs.555 (d) Rs.855 (12) Himesh has a recurring deposit account in a bank. He deposited Rs.3000 per month for 2 years, If he gets Rs.76,500 at the time of maturity, then (i) The total interest earned by Himesh is : (a) Rs.4,500 (b) Rs.4,200 (c) Rs.4,000 (d) Rs.3,850 (ii) The rate of interest is : (a) 8% p.a. (b) 7% p.a. (c) 6% p.a. (d) 5.5% p.a. (13) Kabeer received Rs.7875 as the maturity amount of a monthly recurring deposit for 2 years at 9% p.a. (i) The monthly instalment was : (a) Rs.700 (b) Rs.600 (c) Rs.500 (d) Rs.300 (ii) The interest earned is : (a) Rs.675 (b) Rs.680 (c) Rs.775 (d) Rs.75 (c) Rs.(xy + 12z) (d) Rs. X ICSE (14) Mr. Sharma deposited Rs.800 per month in a recurring deposit account for 5 years. At the time of maturity he got Rs.54,100. (i) Total interest earned by Mr. Sharma is : (a) Rs.5100 (b) Rs.6100 (c) Rs.6200 (d) Rs.6400 (ii) The rate of interest is . (a) 8% p.a. (b) 7% p.a. (c) 6% p.a. (d) 5% p.a. (15) Prateek opened a recurring deposit account and deposited Rs.2,000 per month for 15 months. If he gets Rs.1000 as the interest at the time of maturity, then (i) the rate of interest is . (a) 8% p.a. (b) 7% p.a. (c) 6% p.a. (d) 5% p.a. (ii) the total maturity amount is : (a) Rs.31,000 (b) Rs.32,500 (c) Rs.33,000 (d) Rs.34,000 (16) Manohar received Rs.7875 as the maturity amount of a monthly recurring deposit of 2 years at 9% p.a. (i) The monthly instalment is : (a) Rs.250 (b) Rs.300 (c) Rs.350 (d) Rs.400 (ii) The interest earned is : (a) Rs.675 (b) Rs.475 (c) Rs.375 (d) Rs.350 (17) Mr Suri has a recurring deposit account in a bank for 1 and half years at 6% p.a. S.I. If he gets Rs. 684 as interest at the time of maturity, then (i) the monthly deposit was : (a) Rs.500 (b) Rs.800 (c) Rs.900 (d) Rs.950 (ii) the maturity value is : (a) Rs.15,084 (b) Rs.15,284 (c) Rs.15,684 (d) Rs.15,790 (18) Deepa has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If she gets Rs.1200 as interest at the time of maturity, then (i) the monthly instalment is : (a) Rs.400 (b) Rs.500 (c) Rs.700 (d) Rs.800 (ii) the amount of maturity is : (a) Rs.20400 (b) Rs.21000 (c) Rs.22000 (d) Rs.22400 (19) Savita has a recurring deposit account in a bank for 1 and half years at 4% p.a. If she gets Rs.1710 as interest at the time of maturity, then : (i) the monthly instalment is : (a) Rs.2,000 (b) Rs.2,500 (c) Rs.3,000 (d) Rs.3,200 (ii) the amount of maturity is : (a) Rs.55710 (b) Rs.60210 (c) Rs.61310 (d) Rs.62810 (20) Ms Goswami opened a recurring deposit account in a bank for 3 years at 7.5% p.a. simple interest. If she gets Rs.8325 as interest at the time of maturity, then : (i) the monthly deposit was .(a) Rs.1000 (b) Rs.1500 (c) Rs.2000 (d) Rs.2100 (ii) the maturity value was : (a) Rs.80325 (b) Rs.72000 (c) Rs.75652 (d) Rs.68925 (21) Deepa has a cumulative deosit account and deposits Rs.900 per month for a period of 4 years. If she gets Rs.52,020 at the time of maturity, then : (i) the amount of interest earned by Deepa is : (a) Rs.8820 (b) Rs.8650 (c) Rs.8520 (d) Rs.7570 (ii) the rate of interest is . (a) 8% p.a. (b) 9% p.a. (c) 10%p.a. (d) 10.5%p.a. (22) If Sharukh opened a recurring deposit account in a bank and deposited Rs.800 per month for 1 and half years, then the total money deposited in the account is (a) Rs.11400 (b) Rs.14400 (c) Rs.13680 (d) None (23) Mrs.Asha Mehta deposit Rs.250 per month for one year in a bank s recurring deposit account .If the rate of (simple) interest is 8% per annum, then the interest earned by her on this account is (a) Rs.65 (b) Rs.120 (c) Rs.130 (d) Rs.260 Downloaded by Rakesh Kademane1 (rakeshkademane9@gmail.com) lOMoARcPSD|35094712 (24) Mr. Sharma deposited Rs.500 every month in a cumulative deposit account for 2years. If the bank pays interest at the rate of 7% per annum, then the total amount he gets on maturity is (a) Rs.875 (b) Rs.6875 (c) Rs.10875 (d) Rs.12875 (25) John deposited Rs.400 every month in a bank s recurring deposit account for 2 and half years. If he gets Rs.1085 as interest at the time of maturity, then the rate of interest per annum is (a) 6% (b) 7% (c) 8% (d) 9% (26) Mr. Dhruv deposits Rs.600 per month in a recurring deposit account for 5 years at the rate of 10% per annum (simple interest). Then the amount he will receive at the time of maturity be, (a) Rs.45,120 (b) Rs.45,230 (c) Rs.45,150 (d) Rs.45,200 (27) Ankita started paying Rs.400 per month in a 3 years recurring deposit. After six months her brother Anshul started paying Rs.500 per month in a 2 and half years recurring deposit. The bank paid 10% p.a. simple interest for both. At maturity who will get more money and by how much? (a) Ankita, Rs.315 (b) Anshul, Rs.310 (c) Anshul ,Rs.317.50 (d) Ankita ,Rs.320 (28) Shilpa has a 4 year recurring deposit account in Bank of Maharashtra and deposits Rs.800 per month. If she gets Rs.48200 at the time of maturity. Then (i) the rate of simple interest (ii) the total interest earned by Shilpa (a) 12.5%, Rs.9800 (b) 10%,Rs.10,000 (c) 12%, Rs.9500 (d) 15%, Rs.12,000 (29) Mr. Chaturvedi has a recurring deposit account in Grindlay's Bank for 4 and half years at 11% p.a(simple interest). If he gets Rs.101418.75 at the time of maturity. Then the monthly instalment be (a) Rs.1000 (b) Rs.1500 (c) Rs.2000 (d) Rs.2500 (30) Rajiv Bhardwaj has a recurring deposit account in a bank of Rs.600 per month. If the bank pays simple interest of 7% p.a. and he gets Rs.15450 as maturity amount. Then the total time for which the account was held : (a) 12 months, 1 year (b) 6 months, 1/2 year (c) 36 months, 3 years (d) 24 months, 2 years (31) Rekha opened a recurring deposit account for 20 months. The rate of interest is 9% per annum and Rekha receives Rs.441 as interest at the time of maturity. Find the amount Rekha deposited each month. (a) Rs.280 (b) Rs.340 (c) Rs.380 (d) Rs.400 (32) Mr. R.K. Nair gets Rs.6,455 at the end of one year at the rate of 14% per annum in a recurring deposit account. Then the monthly instalment : (a) Rs.400 (b) Rs.450 (c) Rs.500 (d) Rs.550 (33) Samita has a recurring deposit account in a bank of Rs.2000 per month at the rate of 10% p.a. If she gets Rs.83100 at the time of maturity. Then the total time for which the account was held. (a) 24 months, 2 years (b) 36 months, 3 years (c) 12 months, 1 year (d) 48 months, 4 years Downloaded by Rakesh Kademane1 (rakeshkademane9@gmail.com)
|
