Bank Exams Questions

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If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.

Non collision can happen only when all the cars move in same direction.

That is either all cars moving in clockwise direction or all cars moving in anti clockwise direction.
P(all cars not colliding)

= P(all cars moving in the same direction)

= P(all cars moving in clockwise direction)  +  P(all cars moving in anticlockwise direction)

= [p(A --> C) x p(C --> B) x p(B --> A)]  +  [p(A --> B) x p(B --> C) x p(C --> A)]

= [1/2 x 1/2 x 1/2] + [1/2 x 1/2 x 1/2]

= 1/8 + 1/8

= 1/4

S.I=PNR/100

The United Nations has marked the first World Tuna Day (WTD) on May 2, 2017 to conserve one of the globe’s most popular fish to be caught and eaten and to highlight the vital socio-economic importance of tuna to people around the world. Tuna plays a critical role in sustainable development, food security, economic opportunity, and livelihoods of people around the world. At present more than 80 States have tuna fisheries, thousands of tuna fishing vessels operate in all the oceans and tuna fishery capacity is still growing in the Indian and Pacific Oceans. The Day was designated in December 2016 resolution of the UN General Assembly.

Let K = Kalyan's monthly salary
N = Nandu's monthly salary
S = Sarnesh's monthly salary.
Then from given data,
12% of K = 16% of N
S = N/2 => N = 2S
K = 16/12 x N = 16/12 x 2S
= 16/6 x 1.08/12 = 16/6 x 0.09 = 0.24 lacs = 24,000