Questions

Q:

Which Bank has tied up with Samsung Pay through which cardholders will be able to pay using smartphones at merchant establishments  ?

A) HDFC Bank B) Yes Bank
C) Kotak Mahindra Bank D) Punjab National Bank
 
Answer & Explanation Answer: C) Kotak Mahindra Bank

Explanation:
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Filed Under: Marketing and Sales
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

What are the four main functions of a computer?

A) Data, information, bits and bytes B) Hardware, software, modeling and operations
C) Input, processing, output and storage D) Learning, thinking, intelligence and virtuosity
 
Answer & Explanation Answer: C) Input, processing, output and storage

Explanation:

The four main functions of a computer are ::

 

1. Input,

2. Processing,

3. Output and

4. Storage

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Q:

Who becomes the first woman to present the Indian Union Budget?

A) Sucheta Kriplani B) Indira Gandhi
C) Nirmala Sitharaman D) Sushma Swaraj
 
Answer & Explanation Answer: B) Indira Gandhi

Explanation:

Indira Priyadarshini Gandhi was the first woman who presented the Union budget of India for the year 1970 - 71.

 

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Q:

The Budget proposals also seek to provide relief to salaried tax payers by allowing a standard deduction of what amount in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses?

A) Rs. 20,000 B) Rs. 40,000
C) Rs. 50,000 D) Rs. 80,000
 
Answer & Explanation Answer: B) Rs. 40,000

Explanation:

The standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.

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Filed Under: Indian Economy
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Q:

What is the difference between JOURNAL ENTRY & LEDGER?

Answer

A journal is also called as a book of prime entry.Transactions occurred are first entered in this book to show which accounts should be debited and which should be credited.


on the basis of entries made in the journal, accounts are prepared, the book which contains the accounts is called a ledger. Transactions entered in the journal are classified according to their nature and posted in their respective accounts in ledger. it is also called as book of final entry.

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Subject: Finance

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Q:

Centralisation is said to exist if 

A) Top Management retains most of the decision making authority B) Authority is shared with Managers at lower levels
C) Employees at all levels are allowed to take initiative in work related matters D) None of the above
 
Answer & Explanation Answer: A) Top Management retains most of the decision making authority

Explanation:
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Filed Under: Business Awareness

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Q:

Havana is the capital city of

A) Suriname B) Belgium
C) Greece D) Cuba
 
Answer & Explanation Answer: D) Cuba

Explanation:

Havana is the capital city of Cuba.

It's currency is Cuban Peso.

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Filed Under: Country Capitals
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Q:

Name the award ehich is declared yearly for films produced in India in the previous Year

A) Jananpeth award B) Bharat Ratna
C) National Film Award D) Param Vir Chakra
 
Answer & Explanation Answer: C) National Film Award

Explanation:
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