Start practicing for your Bank PO exam now! Here is Set 1 of essential Bank PO Questions with Answers and detailed solutions for quantitative aptitude and reasoning.
General Awareness
Question: Which of the following is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks for their short‑term needs?
Correct Answer: C
Explanation: The Repo Rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks in India against government securities. It is used by the RBI to control inflation.
English Language Ability
Question: Identify the part of the sentence that contains an error: “Despite of the heavy rain, the match continued without interruption.”
Correct Answer: A
Explanation: The correct usage is either “Despite the heavy rain” or “In spite of the heavy rain”. “Despite” does not take “of” after it.
Reasoning Ability
Question: In a certain code language, if “APPLE” is written as “BQQMF”, how is “GRAPE” written in that code?
Correct Answer: A
Explanation: In the given code, each letter of the word is shifted one position forward in the alphabet (A+1=B, P+1=Q, L+1=M, E+1=F). Applying the same logic to “GRAPE”: G+1=H, R+1=S, A+1=B, P+1=Q, E+1=F. So, “GRAPE” becomes “HSBQF”.
Quantitative Aptitude
Question: A shopkeeper sells an item for ₹800 after giving a discount of 20% on its marked price. What is the marked price of the item?
Correct Answer: B
Explanation: Let the Marked Price (MP) be “x”. A 20% discount means the selling price is 80% of the marked price. So, 0.80 × x = ₹800. Therefore, x = 800 / 0.80 = ₹1000.
Current Affairs
Question: On October 24, 2025, which Union Minister formally released a commemorative postage stamp to mark the 80th anniversary of the United Nations (UN) at an event in New Delhi?
Correct Answer: C
Explanation: Union Minister S. Jaishankar, Minister of External Affairs (MEA), formally released a commemorative postage stamp to mark the 80th anniversary of the UN at an event jointly organised by the MEA and India Post on October 24, 2025.
