Exams


Q:

ETCS means

A) Electronic Tax Collected at Source B) Electric Tax Collected at Source
C) Enable Tax Collected at Source D) Electrical Tax Collected at Source
 
Answer & Explanation Answer: A) Electronic Tax Collected at Source

Explanation:

Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified.

E - TCS  is the process of filing TCS returns through electronic media. It is necessary for government and corporate collectors to file TCS returns in its electronic form. Collectors (other than government) have the provision to file TCS returns in physical form or electronic form.

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Filed Under: Accounts Receivable
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 3994
Q:

Which Bank has obtained RBI approval to open representative offices in Kuwait and Singapore?

A) SBI B) Federal Bank
C) HDFC D) ICICI
 
Answer & Explanation Answer: B) Federal Bank

Explanation:

Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.

The bank has been the preferred banker for NRI's and the NRI friendly measures have resulted in increasing inflow of foreign remittances.

The bank already has its representative offices in Abu Dhabi and Dubai and it has tied up with 110+ overseas banks/remittance partners.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

6 3993
Q:

Impulse conduction is fastest in neurons that are

A) Myelinated B) Motor
C) Unmyelinated D) Sensory
 
Answer & Explanation Answer: A) Myelinated

Explanation:

A myelinated nerve can be found int the brain or spinal cord as well as the peripheral nervous system, it is white and is surrounded by schwann cells or oligodendrocytes.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 3993
Q:

A shopkeeper has a job to print certain number of documents and there are three machines P, Q and R for this job. P can complete the job in 3 days, Q can complete the job in 4 days and R can complete the job in 6 days. How many days the shopkeeper will it take to complete the job if all the machines are used simultaneously ?

A) 4/3 days B) 2 days
C) 3/2 days D) 4 days
 
Answer & Explanation Answer: A) 4/3 days

Explanation:

Let the total number of documents to be printed be 12.

 The number of documents printed by P in 1 day = 4.

 The number of documents printed by Q in 1 day = 3.

 The number of documents printed by R in 1 day = 2.

 
Thus, the total number of documents that can be printed by all the machines working simultaneously in a single day = 9.

 

Therefore, the number of days taken to complete the whole work = 12/9 = 4/3 days.

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Filed Under: Time and Work
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

4 3991
Q:

How many feet are in a meter?

A) 3.214 B) 3.28084
C) 3.2516 D) 3.21456
 
Answer & Explanation Answer: B) 3.28084

Explanation:

We know that, 

1 meter = 100 cms. 

=> 1 meter = 3.28084 feet.

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Filed Under: Arithmetical Reasoning
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

14 3991
Q:

If ENCRYPT is coded as VMXIBKG, then how will ARC be coded as?

A) PQE B) ZIX
C) ZSX D) QTB
 
Answer & Explanation Answer: B) ZIX

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

7 3991
Q:

Consider the Argument and decide which of the given assumptions is (are) implicit.

 

Argument :

 

The present government had reduced the base price for auctioning for the 2G spectrum.

 

Assumptions :

 

1. Next time price will reduce further.

2. Last time the auction was not good.

 

A) Neither 1 nor 2 is implicit B) Only assumption 2 is implicit
C) Both 1 and 2 are implicit D) Only assumption 1 is implicit
 
Answer & Explanation Answer: B) Only assumption 2 is implicit

Explanation:
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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

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Q:

A and B invest in a business in the ratio 4 : 5. After 10 months B leaves the business after withdrawing his investment. In the first year the business made a profit of Rs 49,000. What is B's share (in Rs) of this profit?

A) 25000 B) 20000
C) 18000 D) 22000
 
Answer & Explanation Answer: A) 25000

Explanation:
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Filed Under: Partnership
Exam Prep: Bank Exams

3 3991