Searching for "clearing"

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

In a clearing that started a few feet away was a small __________ of cattle.

 

A) herd B) flock
C) colony D) drove
 
Answer & Explanation Answer: A) herd

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: This would bring a sense of closure to an issue that has seen about two decades of wrangling.
Q: By clearing the path for 49 percent foreign investment in Air India (AI), the Centre has finally decided to push ahead on its privatisation.
R: While the parliamentary standing committee on AI privatisation is yet to express its views, a sort of political consensus appears to be close at hand.
S: There cannot be a more opportune time to push ahead with disinvestment; this, ironically, is despite the fact that the airline has improved its operational  performance.

A) SPQR B) PSQR
C) QPRS D) PRQS
 
Answer & Explanation Answer: C) QPRS

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

Q:

Choose the option that best captures the essence of the text.
Issue of money, in the form of banknotes and current accounts subject to cheque or payment at the customer's order. These claims on banks can act as money because they are negotiable and/or repayable on demand, and hence valued at par and effectively transferable by mere delivery in the case of banknotes, or by drawing a cheque that the payee may bank or cash. Banks act as both collection and paying agents for customers, participating in interbank clearing and settlement systems to collect, present, be presented with, and pay payment instruments. This enables banks to economize on reserves held for settlement of payments, since inward and outward payments offset each other. It also enables ____________.

A) The offsetting of payment flows between geographical areas, increasing the cost of settlement between them. B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.
C) The offsetting of payment flows only in urban areas, reducing the cost of settlement between them. D) The offsetting of payment flows only in rural areas, increasing the cost of settlement between them.
 
Answer & Explanation Answer: B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.

Explanation:

The passage is based on economic development of the bank. It says that the economic growth of the bank in terms of the money is based on the cost of settlement. If this cost is reduced amongst the countries then the flow of payment will be maintained or vice versa. It is nowhere mentioned in the passage about rural or urban areas so we will take a general context. Hence option B is the correct option.

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Filed Under: English
Exam Prep: CAT , GRE , TOEFL

Q:

Which indicator must be set in the purchase order item so that the GR/IR clearing account is not posted to during invoice entry?

A. Goods receipt indicator: not set or GR non-valuated indicator:set

B. Goods receipt indicator: set or GR non-valuated indicator: not set

C. Goods receipt indicator: set or GR non-valuated indicator: set

D. Goods receipt indicator: not set or GR non-valuated indicator: not set

Answer

Answer : C ,D

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Subject: SAP MM