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Staff Selection Commission Sub Inspector Exam

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Question : If the difference between the compound interest and simple interest at 17%; on a sum of money for 2 years (compounded annually) is INR 433.50, then the compound interest (in INR) is:

Option 1: 2,735.50

Option 2: 2,500

Option 3: 5,100

Option 4: 5,533.50

Team Careers360 7th Jan, 2024

Correct Answer: 5,533.50


Solution : Given: Difference = INR 433.50
Rate = 17%
Time = 2 years
We know that,
$D=P(\frac{r}{100})^2$, where $D$ = Difference between CI and SI, $P$ = Principal, $r$ = Rate of interest
⇒ $433.50=P(\frac{17}{100})^2$
⇒ $433.50=P\times\frac{17}{100}\times\frac{17}{100}$
⇒ $P=15000$
Now, $CI= P((1+\frac{R}{100})^{T}-1)$
$= 15000((1+\frac{17}{100})^{2}-1)$
$= 15000((\frac{117}{100})^{2}-1)$

12 Views

Question : In India how many times has the President declared a Financial Emergency?

Option 1: Once

Option 2: Never 

Option 3: Thrice

Option 4: Twice

Team Careers360 19th Jan, 2024

Correct Answer: Never 


Solution : The correct answer is Never.

A financial emergency has never been declared in India. A financial emergency may be declared by the President by Article 360 if the President believes that all or a portion of India's financial stability or credit is in jeopardy. Within

15 Views

Question : The Second Battle of Panipat was fought between which two armies?

Option 1: Babur and Lodi Empire

Option 2: Babur and Rana Sanga

Option 3: Akbar and Hemu

Option 4: Akbar and Rana of Mewar

Team Careers360 17th Jan, 2024

Correct Answer: Akbar and Hemu


Solution : The correct option is Akbar and Hemu.

On November 5, 1556, The Mughal Emperor Akbar and the Hindu emperor of North India, Hemu, engaged in the Second Battle of Panipat. Even though Hemu had a larger army than the Mughals, the latter

9 Views

Question : Which of the following is not a national political party as of October 2022?

Option 1: Bahujan Samaj Party

Option 2: National Conference

Option 3: Bhartiya Janata Party

Option 4: Nationalist Congress Party

Team Careers360 12th Jan, 2024

Correct Answer: National Conference


Solution : The correct option is the National Conference.

The National Conference is not a national political party. It is a regional political party primarily active in the Indian-administered union territory of Jammu and Kashmir as of 2022. Founded by Sheikh Abdullah in 1932, it has

11 Views

Question : Directions: If + means −, − means ×, × means ÷ and ÷ means +, what will come in place of ? in the following equation?
45 − 3 ÷ 144 × 12 + 38 = ?

Option 1: 123

Option 2: 109

Option 3: 91

Option 4: 95

Team Careers360 23rd Jan, 2024

Correct Answer: 109


Solution : Given:
+ means −, − means ×, × means ÷ and ÷ means +
45 − 3 ÷ 144 × 12 + 38 = ?

After replacing the symbols according to the instructions the equation becomes –
= 45 × 3 + 144 ÷ 12

30 Views

Question : The average weight of 15 students in a class increases by 1.5 kg when one of the students, who weighs 40 kg, is replaced by a new student. What is the weight in kg of the new student?

Option 1: 64.5 kg

Option 2: 56 kg

Option 3: 60 kg

Option 4: 62.5 kg

Team Careers360 23rd Jan, 2024

Correct Answer: 62.5 kg


Solution : Given: The average weight of 15 students increased by 1.5 kg.
A student of 40 kg is replaced by a new student.
Let the average weight of each student be w kg.
Initially, total weight = 15 × w
New weight = 15 ×

21 Views

Question : The discount on a certain sum of money, due at the end of $2\frac{1}{4}$ years at $2\frac{2}{3}$% p.a. is Rs. 78 find the sum.

Option 1: Rs. 1,278

Option 2: Rs. 1,300

Option 3: Rs. 1,378

Option 4: Rs. 1,400

Team Careers360 7th Jan, 2024

Correct Answer: Rs. 1,300


Solution : Rate = $2\frac{2}{3}$%
Time = $2\frac{1}{4}$ years
Interest = Rs. 78
Let the Principal be $x$.
Simple Interest = $\frac{\text{Principal × Rate × Time}}{100}$
$⇒78=\frac{x×2\frac{2}{3}×2\frac{1}{4}}{100}$
$⇒78=x×\frac{8}{3}×\frac{9}{4}×\frac{1}{100}$
$\therefore x = 1300$
Hence, the correct answer is Rs. 1,300.

7 Views

Question : Which of the following nations hosted the 2019 World Rugby Cup?

Option 1: Japan

Option 2: England

Option 3: Australia

Option 4: France

Team Careers360 15th Jan, 2024

Correct Answer: Japan


Solution : The correct option is Japan.

The 2019 Rugby World Cup was hosted by Japan. It was the first time that the Rugby World Cup was held in Asia, and matches were played at various venues across the country. The tournament took place from September

13 Views

Question : What is the Compound Interest (in Rs.) on Rs. 12500 at the rate of 12% per annum compounded yearly for 2 years?

Option 1: Rs. 3000

Option 2: Rs. 2980

Option 3: Rs. 3050

Option 4: Rs. 3180

Team Careers360 25th Jan, 2024

Correct Answer: Rs. 3180


Solution : Principal, P = Rs. 12500
Time = 2 years
Rate = 12%
Compound Interest = P[$(1+\frac{r}{100})^n-1$], where P is principal, $r$ is rate of interest compounded annually for $n$ years.
= 12500[$(1+\frac{12}{100})^2-1$]
= 12500[$(1.12)^2-1$]
= 12500[1.2544 – 1]
= 12500 × 0.2544 = Rs.

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