Searching for "Assets"

Q:

Read the statement and select a conclusion from the given alternatives.

 

Statement :

 

Company 'X' had asked its employees to declare income and assets but it has strongly opposed by the employees' his/her union and no employee is going to declare his/her income.

 

Conclusions :

 

I. The employees of the company 'X' do not seem to have any additional income besides their salary.

II. The employees' union want all the senior officer to declare their income first.

 

A) Only conclusion I follows B) Only conclusion II follows
C) Either I or II follows D) Neither I nor II follows
 
Answer & Explanation Answer: D) Neither I nor II follows

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

Q:

On a classified balance sheet, companies usually list current assets

A) in the order of acquisition. B) with the largest dollar amounts first.
C) in alphabetical order. D) in the order in which they are expected to be converted into cash.
 
Answer & Explanation Answer: D) in the order in which they are expected to be converted into cash.

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Filed Under: Business Awareness
Exam Prep: Bank Exams , CAT

Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

Q:

As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

 

A) 2 B) 5
C) 10 D) 20
 
Answer & Explanation Answer: B) 5

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Once again, a _____________ monsoon so vital to India's economic fortunes has left some states in shambles. From Assam to Karnataka, heavy rainfall in a ____________ has created paralysing floods that have taken a _______________, wiped out crops and destroyed hard-earned assets. When the waters ___________, a familiar cycle of assessment of damage by Central teams, preparation of loss estimates and expensive ____________ work such as repairs of river embankments, will follow.


expensive ____________ work such as repairs of river embankments, will follow.

A) rejuvenation B) reclamation
C) renovation D) restoration
 
Answer & Explanation Answer: D) restoration

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Filed Under: English
Exam Prep: Bank Exams

Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Once again, a _____________ monsoon so vital to India's economic fortunes has left some states in shambles. From Assam to Karnataka, heavy rainfall in a ____________ has created paralysing floods that have taken a _______________, wiped out crops and destroyed hard-earned assets. When the waters ___________, a familiar cycle of assessment of damage by Central teams, preparation of loss estimates and expensive ____________ work such as repairs of river embankments, will follow.


When the waters ___________

A) rush back B) recede
C)  flow away D) ebb
 
Answer & Explanation Answer: B) recede

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Filed Under: English
Exam Prep: Bank Exams

Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Once again, a _____________ monsoon so vital to India's economic fortunes has left some states in shambles. From Assam to Karnataka, heavy rainfall in a ____________ has created paralysing floods that have taken a _______________, wiped out crops and destroyed hard-earned assets. When the waters ___________, a familiar cycle of assessment of damage by Central teams, preparation of loss estimates and expensive ____________ work such as repairs of river embankments, will follow.


floods that have taken a _______________

A) many deaths B) dangerous turn
C) heavy toll of life D) big cost in terms of life
 
Answer & Explanation Answer: C) heavy toll of life

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Filed Under: English
Exam Prep: Bank Exams

Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Once again, a _____________ monsoon so vital to India's economic fortunes has left some states in shambles. From Assam to Karnataka, heavy rainfall in a ____________ has created paralysing floods that have taken a _______________, wiped out crops and destroyed hard-earned assets. When the waters ___________, a familiar cycle of assessment of damage by Central teams, preparation of loss estimates and expensive ____________ work such as repairs of river embankments, will follow.


heavy rainfall in a ____________

A) short span of time B) very quickly
C) short moments D) fraction of a second
 
Answer & Explanation Answer: A) short span of time

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Filed Under: English
Exam Prep: Bank Exams