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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The difference between the simple and compound interest on a sum of money at the rate of 4% per annum for 2 years is Rs. Is. This amount is - |
| A. | 2500 रु. |
| B. | 2400 रु. |
| C. | 2600 रु. |
| D. | 2000 रु. |
| Answer» B. 2400 रु. | |
| 2. |
A sum of money becomes Rs 4500 after two years and Rs 6750 after four years at the rate of compound interest. That amount is - |
| A. | 4000 रु |
| B. | 2500 रु. |
| C. | 3000 रु. |
| D. | 3050 रु. |
| Answer» D. 3050 रु. | |
| 3. |
If the compound interest on a sum of money for two years at the rate of 12% per annum is 2544, then what will be the simple rate for 2% years at the same rate? |
| A. | 2400 रु. |
| B. | 2500 रु. |
| C. | 2480 |
| D. | 2440 |
| Answer» B. 2500 रु. | |
| 4. |
1000 Rs. The difference between simple interest and compound interest for 2 years on a sum of Rs.10 is Rs. Is. The rate of interest per annum will be - |
| A. | 5 % |
| B. | 6 % |
| C. | 10 % |
| D. | 12 % |
| Answer» D. 12 % | |
| 5. |
The simple interest of a sum of money at 4% per annum for 2 years is Rs.80. Is. The compound interest on the same sum of money for the same period will be - |
| A. | 82.60 रु. |
| B. | 82.20 रु. |
| C. | 81.80 रु. |
| D. | 81.60 रु. |
| Answer» B. 82.20 रु. | |
| 6. |
If the difference of one year between the compound interest and the simple interest compounded every six months at the rate of 12% per annum on an amount is Rs.36. If yes, how much is that amount? |
| A. | 10000 रु. |
| B. | 12000 रु. |
| C. | 15000 रु. |
| D. | 9000 रु. |
| Answer» B. 12000 रु. | |
| 7. |
If a sum of money doubles itself in 5 years at compound interest, in what years will it become 8 times? |
| A. | 10 |
| B. | 20 |
| C. | 15 |
| D. | 30 |
| Answer» D. 30 | |
| 8. |
A sum of money doubles in 7 years at the rate of compound interest. In how many years will the same sum become 16 times - |
| A. | 21 |
| B. | 28 |
| C. | 35 |
| D. | 19 |
| Answer» C. 35 | |
| 9. |
In how many minimum years will a sum of money more than double at 19% compound interest per annum? |
| A. | 3 वर्ष |
| B. | 4 वर्ष |
| C. | 5 वर्ष |
| D. | 2 वर्ष |
| Answer» C. 5 वर्ष | |
| 10. |
A sum of money becomes Rs 2400 in 3 years and Rs 2520 in 4 years at compound interest. The rate of interest per annum is - |
| A. | 5 % |
| B. | 6 % |
| C. | 10 % |
| D. | 12 % |
| Answer» B. 6 % | |
| 11. |
If a sum of money becomes three times in 6 years at compound interest, then in how many years it will become 81 times - |
| A. | 81 |
| B. | 162 |
| C. | 27 |
| D. | 24 |
| Answer» E. | |
| 12. |
The compound interest on a sum of money at 10% per annum for 2 years is Rs 525. What will be the simple interest if the percentage of the annual rate is halved for twice the amount of time? |
| A. | 520 रु |
| B. | 550 रु |
| C. | 500 रु. |
| D. | 515 रु |
| Answer» D. 515 रु | |
| 13. |
If a sum of money invested at compound interest becomes 4 times in 4 years, then in how many years it will become 64 times - |
| A. | 5 |
| B. | 12 |
| C. | 16 |
| D. | 24 |
| Answer» C. 16 | |
| 14. |
The difference between the simple and compound interest on a sum of money at 5% per annum for years is Rs 15. Then the sum is - |
| A. | 6500 रु. |
| B. | 5500 रु. |
| C. | 6000 रु. |
| D. | 7000 रु. |
| Answer» D. 7000 रु. | |
| 15. |
At what rate of compound interest per annum will a sum of Rs 1800 become Rs 2178 in two years? |
| A. | 11 % |
| B. | 12 % |
| C. | 10 % |
| D. | 13 % |
| Answer» D. 13 % | |
| 16. |
A sum of money doubles itself in 15 years at compound interest. In how many years will this amount become eight times? |
| A. | 30 |
| B. | 45 |
| C. | 50 |
| D. | 60 |
| Answer» C. 50 | |
| 17. |
If a sum of money becomes 27 / 2 times by adding compound interest for 3 years on the basis of compound interest per annum, then the rate of interest per annum is - |
| A. | 25 % |
| B. | 50 % |
| C. | 75 % |
| D. | 100 % |
| Answer» C. 75 % | |
| 18. |
A sum of money becomes 1.331 times at compound interest for 3 years. Accordingly, the rate of interest will become - |
| A. | 8 % |
| B. | 7.5 % |
| C. | 10 % |
| D. | 50 % |
| Answer» D. 50 % | |
| 19. |
A certain sum of money becomes Rs 8028 in 3 years and Rs 12042 in 6 years at a certain rate of interest. When interest is compounded annually. That amount is - |
| A. | 5352 |
| B. | 5235 |
| C. | 5325 |
| D. | 5253 |
| Answer» B. 5235 | |
| 20. |
A sum of money doubles in 5 years at compound interest. In how many years will it become 8 times at the same rate of interest? |
| A. | 20 वर्ष |
| B. | 10 वर्ष |
| C. | 12 वर्ष |
| D. | 15 वर्ष |
| Answer» E. | |
| 21. |
A sum of money becomes eight times itself in 3 years at compound interest. The annual rate of interest will be - |
| A. | 100 % |
| B. | 80 % |
| C. | 20 % |
| D. | 10 % |
| Answer» D. 10 % | |
| 22. |
The compound interest on a sum of money for 2 years at the rate of 5% per annum compounded annually is Rs.205. The simple interest on the same amount at the same rate in the same time is - |
| A. | 210 रु. |
| B. | 220 रु. |
| C. | 250 रु. |
| D. | 200 रु. |
| Answer» E. | |
| 23. |
A sum of Rs 6000 is borrowed at 8% per annum compound interest. What will be the amount after 2 years? |
| A. | 6998.4 |
| B. | 6960 |
| C. | 6784.4 |
| D. | 6869.4 |
| Answer» B. 6960 | |
| 24. |
What will be the difference between the compound interest per annum on Rs 12,500 calculated annually and half yearly for 1 year at the rate of 8% - |
| A. | 16 |
| B. | 25 |
| C. | 20 |
| D. | 40 |
| Answer» D. 40 | |
| 25. |
The amount received after 2 years at 8% per annum compound interest is Rs 72,900. what was the principal |
| A. | 65000 |
| B. | 67500 |
| C. | 60000 |
| D. | 62500 |
| Answer» E. | |
| 26. |
A sum of Rs 2500 becomes Rs 8100 in 2 years at a certain rate of compound interest. What will be the amount after 4 years - |
| A. | 29824 रु |
| B. | 36284 रु |
| C. | 41264 रु |
| D. | 26244 रु. |
| Answer» E. | |
| 27. |
If the compound received on a certain sum in the second year is Rs 250, then what will be the compound interest on the same sum for the third year at 12% interest? |
| A. | 250 रु |
| B. | 300 रु |
| C. | 280 रु. |
| D. | 270 रु. |
| Answer» D. 270 रु. | |
| 28. |
A sum of Rs 8000 is borrowed at the rate of 7% per annum compound interest. What will be the amount after 2 years? |
| A. | 1154.4 |
| B. | 13600 |
| C. | 9159.2 |
| D. | 9428.6 |
| Answer» D. 9428.6 | |
| 29. |
A certain principal was invested in a scheme of compound interest. The amount found after 2 years is Rs 1210. And the amount found after 3 years is Rs 1331. What is the rate of interest - (in percentage) |
| A. | 5 |
| B. | 10 |
| C. | 15 |
| D. | 20 |
| Answer» C. 15 | |
| 30. |
A sum of money was lent by compounding per annum for 2 years at the rate of 20% compound interest per annum. If the compound interest is half yearly, the interest increases by Rs.241. What will be the amount lent - |
| A. | 10000 |
| B. | 120000 |
| C. | 20000 |
| D. | 240000 |
| Answer» B. 120000 | |
| 31. |
In how many years will Rs.2000 yield Rs.662 at the rate of 10% per annum compound interest, calculating compounded annually? |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| Answer» C. 4 | |
| 32. |
A sum of money increases by 40% in 10 years at simple interest. What will be the compound interest of Rs 30000 in 3 years at the same rate? |
| A. | 3745.92 रु |
| B. | 7491.84 रु. |
| C. | 9364.8 रु. |
| D. | 5618.88 रु. |
| Answer» B. 7491.84 रु. | |
| 33. |
25000 at the rate of 20% per annum in 4 years at the rate of compound interest per annum will be |
| A. | 51840 रु |
| B. | 50350 रु. |
| C. | 53500 रु. |
| D. | 48750 रु. |
| Answer» B. 50350 रु. | |
| 34. |
A sum of money invested at compound interest amounts to Rs 2420 in 2 years. If the principal amount is Rs.2000. If so, what is the interest rate? |
| A. | 15 |
| B. | 10 |
| C. | 8 |
| D. | 12 |
| Answer» C. 8 | |
| 35. |
What will be the compound interest on Rs 2400 at the rate of 20% per annum compounded annually for 2 years? |
| A. | 960 रु. |
| B. | 1024 रु. |
| C. | 1056 रु. |
| D. | 1120 रु. |
| Answer» D. 1120 रु. | |
| 36. |
If the compound interest on a certain principal for 3 years at the rate of 12% per annum is Rs 12000, then what will be the amount after the fourth year? |
| A. | 14330 |
| B. | 15440 |
| C. | 13440 |
| D. | 14550 |
| Answer» D. 14550 | |
| 37. |
Where can an appeal be made against the order of the Cyber Appellate Tribunal? |
| A. | to the central government |
| B. | will not appeal |
| C. | high Court |
| D. | Supreme Court |
| Answer» D. Supreme Court | |
| 38. |
What is the limitation of appeal to Cyber Appellate Tribunal? |
| A. | 90 दिन |
| B. | 60 दिन |
| C. | 45 दिन |
| D. | 30 दिन |
| Answer» D. 30 दिन | |
| 39. |
What will be the compound interest of Rs 2500 for 2 years at 5% per annum? |
| A. | 2500 रु. |
| B. | 2562.5 रु. |
| C. | 2425.25 रु. |
| D. | 5512.5 रु. |
| Answer» C. 2425.25 रु. | |
| 40. |
A sum of money increases by 40% in 8 years at simple interest. 3000 in 2 years at the same rate. What will be the compound interest of Rs 30000 compounded by - |
| A. | 6150 |
| B. | 7687.5 |
| C. | 4612.5 |
| D. | 3075 |
| Answer» E. | |
| 41. |
Cyber Appellate Tribunal is constituted by- |
| A. | by Chief Justice of India |
| B. | by the Central Government in consultation with the Chief Justice of India |
| C. | by the concerned state government |
| D. | by central government |
| Answer» E. | |
| 42. |
What will be the compound interest on Rs 1000 for 3 years at 10% per annum? |
| A. | 1331 रु. |
| B. | 331 रु. |
| C. | 300 रु. |
| D. | 1300 रु. |
| Answer» C. 300 रु. | |
| 43. |
Where is the residuary penalty given in the Act? |
| A. | धारा 85 |
| B. | धारा 55 |
| C. | धारा 45 |
| D. | धारा 65 |
| Answer» D. धारा 65 | |
| 44. |
The compound interest on a sum of money at the rate of 15% for 2 years is Rs 3225. What will be the principal amount? |
| A. | 10000 रु. |
| B. | 20000 रु. |
| C. | 15000 रु. |
| D. | 32250 रु. |
| Answer» B. 20000 रु. | |
| 45. |
In what time will a sum of Rs 8000 become Rs 9261 at 5% compound interest per annum? |
| A. | 3 वर्ष |
| B. | 3.5 वर्ष |
| C. | 4 वर्ष |
| D. | 4.5 |
| Answer» B. 3.5 वर्ष | |
| 46. |
A sum of Rs 3000 becomes Rs 6000 after 2 years at compound interest. What will be the interest for four years - |
| A. | 9000 रु. |
| B. | 12000 रु. |
| C. | 6000 रु. |
| D. | 3000 रु. |
| Answer» B. 12000 रु. | |
| 47. |
If a sum of Rs 10000 becomes Rs 11664 at compound interest for 2 years. Then give the annual rate of compound interest. |
| A. | 10 % |
| B. | 9 % |
| C. | 8 % |
| D. | 6 % |
| Answer» D. 6 % | |
| 48. |
A sum of money becomes Rs 6655 in 3 years at 10% compound annual rate. How much is the amount |
| A. | 5000 रु |
| B. | 5500 रु |
| C. | 6000 रु. |
| D. | 6100 रु. |
| Answer» B. 5500 रु | |
| 49. |
What will be the compound interest on an amount of Rs.64000 for 3 years at the rate of 7.5% per annum? |
| A. | 14, 400 रु. |
| B. | 15, 705 रु. |
| C. | 15, 507 रु. |
| D. | 15, 075 रु. |
| Answer» D. 15, 075 रु. | |
| 50. |
In which bank was the Bhartiya Mahila Bank merged? |
| A. | Punjab National Bank |
| B. | Union Bank of India |
| C. | State Bank Of India |
| D. | bank of india |
| Answer» D. bank of india | |