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Q:

Is accounts receivable an asset or liability?

Answer

Accounts receivable is the amount to be received by the seller from the customer. Hence, it comes under asset.

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Subject: Accounts Receivable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

World Investment Report is published by which organizations?

A) UNESCO B) JICA
C) UNCTAD D) FDI
 
Answer & Explanation Answer: C) UNCTAD

Explanation:

UNCTAD - United Nations Conference on Trade and Development annually publishes the world investment report from 1991.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Who is the author of the book 'The Association of Small Bombs', which is currently shortlisted for the International Dublin Literary Award?

A) Karan Mahajan B) Chetan Bhagat
C) Namitha Ghokale D) Arundathi Roy
 
Answer & Explanation Answer: B) Chetan Bhagat

Explanation:
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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

If a mirror is placed on the line MN, then which of the answer figure is the right image of the given figure?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:
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Filed Under: Image Analysis
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

A market is said to be in equilibrium when

A) There is downward pressure on price B) The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price
C) All buyers are able to find sellers willing to sell to them at the current price D) Supply equals demand
 
Answer & Explanation Answer: D) Supply equals demand

Explanation:

A market is said to be in equilibrium when market demand is equal to market Supply.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Select the odd number from the given alternatives.

A) 341 B) 342
C) 810 D) 405
 
Answer & Explanation Answer: A) 341

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams , CAT

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Q:

An increase in the price of a good will

A) decrease demand B) increase quantity demanded
C) increase demand D) decrease quantity demanded
 
Answer & Explanation Answer: D) decrease quantity demanded

Explanation:

In economics we study that, if the price of a good increases the demand in its quantity decreases or the demand for its complimentary good increases.

 

For example, if the rice of a good increased by 5%, the demand in its quantity decreases by 10% approximately.

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Filed Under: Business Awareness
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Q:

Which of the following uses a nonrenewable energy source to make electricity?

A) power plant B) wind mill
C) swimming pool D) All of the above
 
Answer & Explanation Answer: A) power plant

Explanation:

From the given options, a power plant uses a nonrenewable energy source to make electricity. A power plant uses coal for making power production.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
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