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Q:

The expenses of a person increase by Rs. 50000 for every month in February and March. If his expenses in January was Rs. 50000, calculate his average expenditure (in Rs.) from January to March.

A) 100000 B) 150000
C) 75000 D) 50000
 
Answer & Explanation Answer: A) 100000

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Filed Under: Simplification
Exam Prep: Bank Exams

Q:

The income of S, T and U are in the ratio of 7 : 9 : 6 and their expenses in the ratio of 4 : 5 : 3. If S saves Rs 2000 out of an income of Rs 14000, then what will be the saving (in Rs) of T?

A) 2400 B) 1500
C) 3000 D) 2000  
 
Answer & Explanation Answer: C) 3000

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

Q:

The income of P, Q and R are in the ratio of 5 : 4 : 3 respectively and their expenses are in the ratio of 6 : 5 : 4 respectively. If P saves Rs 4000 out of an income of Rs 10000, then what will be the saving (in Rs) of Q?

 

A) 2500 B) 3000
C) 4500 D) 2000
 
Answer & Explanation Answer: B) 3000

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Concern for one's own area or region at the expense of national or supranational unity

 

A) Eschew B) Immolation  
C) Cede   D) Provincialism  
 
Answer & Explanation Answer: D) Provincialism  

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

Q:

Which of these is the best description of fixed expenses?

 

A) Insurance B) Payment on loans
C) Rent D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Fixed expenses are those expenses that do not change when there is a change in production or sales level.

 

Examples of Fixed Expenses are rent, insurance, payment on loans, salaries, advertising, etc...

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The line graph shows the number of vacancies for sales officers in a certain company. Study the diagram and answer the following questions.

 

 

The salary of a Sales officer in the company is Rs 20,000, then what was the increase in the expense (in Rs lakhs) due to salaries that had to be paid when posts were filled for the vacancies in the year 2015?

 

A) 25 B) 15
C) 20 D) 10
 
Answer & Explanation Answer: C) 20

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Filed Under: Line Charts
Exam Prep: Bank Exams

Q:

The line graph shows the number of vacancies for accountants in a certain company. Study the diagram and answer the following questions.

The salary of an accountant in the company is Rs 40,000, then what was the increase in the expense (in Rs lakhs) due to salaries that had to be paid when posts were filled for the vacancies in the year 2014?

 

 

A) 12 B) 14
C) 16 D) 15
 
Answer & Explanation Answer: C) 16

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Filed Under: Line Charts
Exam Prep: Bank Exams

Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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