### Certification Questions

Q:

What is the full form of SOX and what does it means in Accounting ?

Sarbanes Oxley Act. Otherwise known as Public companies Accounting reforms and investor protection Act. It was enacted in 2002 in USA after lot of scams come up on accounting framework whereby investors lose faith and confidence on accounting disclosures.

2597
Q:

What is the difference between Consigner and Consignee ?

Consigner is the person who is the owner of the goods and who delivers the goods to others(consignee) Whereas Consignee is the person who receives the goods and just holds the goods and will not be the owner.

1911
Q:

The angle between the minute hand and the hour hand of a clock when the time is 4.15 is

 A) 0 B) 37.5 C) 27 D) 15

Explanation:

Angle between hands of a clock

When the minute hand is behind the hour hand, the angle between the two hands at M minutes past H 'o clock

=> $30H-M5+M2$ degrees

Here H = 4, M = 15 and the minute hand is behind the hour hand.

Hence the angle

= 30[4-(15/5)]+15/2 = 30(1)+7.5 = 37.5 degrees

22 6486
Q:

K can lay Highway road between two cities in 16 days. L can do the same job in 12 days. With the help of M, they completes the job in 4 days. How much days does it take for M alone to complete the work ?

 A) 47/7 days B) 59/6 days C) 48/5 days D) 57/5 days

Explanation:

Amount of work K can do in 1 day = 1/16

Amount of work L can do in 1 day = 1/12

Amount of work K, L and M can together do in 1 day = 1/4

Amount of work M can do in 1 day = 1/4 - (1/16 + 1/12) = 3/16 – 1/12 = 5/48

=> Hence M can do the job on 48/5 days = 9 (3/5) days

9 2253
Q:

Manju borrows Rs.5000 for 2 years at 4% p.a. simple interest from Sudha. She immediately lends it to another person at 6 1⁄4% p.a for 2 years. Find her gain in the transaction per year.

 A) Rs. 101 B) Rs. 98.5 C) Rs. 124.3 D) Rs. 112.5

Explanation:

Manju borrows Rs. 5000 for 2 years at 4% p.a. simple interest

She also lends it at 6 1⁄4% p.a for 2 years

=> Total Gain = 6 1/4% − 4% = 2 1/4%

So her gain in the transaction for 1 year

= The simple interest she gets for Rs.5000 for 1 year at 2 1⁄4% per annum

$PTR100=5000×94×1100$ = Rs. 112.5/ year.

16 3657
Q:

Can you Solve the Problem ?

Let the two digits be x & y

From given data in the question, we get

x + y = 3(x - y)

x + y = 3x - 3y

=> 2x = 4y

x/y = 2/1

For having the 2:1, numbers satisfying are

12, 21, 24, 42, 36, 63, 48, 84

From this 36 is eleminated because it is a perfect square and no others are prime or perfect squares.

Hence, there exists 7 such 2-digit numbers => 12, 21, 24, 42, 63, 48, 84.

Subject: Math Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

1851
Q:

Second & fourth Saturdays and every Sunday is a holiday. How many working days will be there in a month of 31 days beginning on a Friday ?

 A) 24 B) 23 C) 22 D) 25

Explanation:

Given that the month begins on a Friday and has 31 days

Sundays = 3rd, 10th, 17th, 24th, 31st
=> Total Sundays = 5

Every second & fourth Saturday is holiday.
2nd & 4th Saturday in every month = 2

Total days in the month = 31

Total working days = 31 - (5 + 2) = 24 days.

51 9671
Q:

Sriram was conducting an experiment in which the average of 11 observations came to be 92, while the average of first five observations was 89, and that of the last five was 86. What was the measure of the 6th observation ?

 A) 134 B) 137 C) 139 D) 141