Sawaal
5
Q:

The ability of a corporation to obtain capital is

A) about the same as a partnership B) enhanced because of limited liability and ease of share transferability
C) restricted because of the limited life of the corporation D) less than a partnership

Answer:   B) enhanced because of limited liability and ease of share transferability



Explanation:
Subject: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk
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The basic goal of integrated marketing communications is to

 

 

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Answer & Explanation Answer: C) NBFCs

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Business transaction are recorded

A) in chronological order B) at the end of the month
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Answer & Explanation Answer: A) in chronological order

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Which major bank has launched the 'Unnati Credit Card' in 2017 to enhance credit inclusion in India?

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Answer & Explanation Answer: A) SBI

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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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A trial balance will not balance if

A) Rs.500 cash payment to creditors is debited to creditors a/c for Rs.50 and credited to cash Rs.500. B) correct journal entry is posted twice
C) the purchase on credit basis is debited to purchases and credited to cash D) None of the above
 
Answer & Explanation Answer: A) Rs.500 cash payment to creditors is debited to creditors a/c for Rs.50 and credited to cash Rs.500.

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 In December 2017, as per the announcement made by the finance Ministry, nearly how much amount have banks lost on account of frauds in the fiscal 2016-17?

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Answer & Explanation Answer: C) Rs 17,000 crore

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