AIEEE Questions

Q:

What type of account is accounts receivable?

A) Asset B) Liability
C) Expense D) Equity
 
Answer & Explanation Answer: A) Asset

Explanation:

Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than one year as it is the amount owed by the customer to the seller.

 

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Filed Under: Accounts Receivable
Exam Prep: AIEEE , Bank Exams , CAT
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0 2036
Q:

What happens to demand when price increases?

A) increases B) decreases
C) remains same D) Can't be determined
 
Answer & Explanation Answer: B) decreases

Explanation:

The Law of Demand tells that, if the price of a product increases then the demand will go down i.e, decreases iff all other things equal.

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Filed Under: Indian Economy
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1 2036
Q:

Color blindness primarily affects

A) Children B) Male
C) Female D) Both B & C
 
Answer & Explanation Answer: B) Male

Explanation:

Color blindness primarily affects males as the the genes responsible for the most common, inherited color blindness are on the X chromosome, hence, primarily affects males.

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Filed Under: Biology
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2 2035
Q:

Which of the following does not contribute to wellness?

A) Tendencies B) Habits
C) Exercise D) Diet
 
Answer & Explanation Answer: A) Tendencies

Explanation:

Tendencies does not contribute to wellness among the given options.

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Filed Under: General Science
Exam Prep: CAT , Bank Exams , AIEEE
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1 2035
Q:

Tashkent Agreement was signed on

A) 11 Jan B) 10 Jan
C) 12 Jan D) 9 Jan
 
Answer & Explanation Answer: B) 10 Jan

Explanation:

Tashkent Agreement was signed by India’s Prime Minister Lal Bahadur Shastri & Pakistan’s President Ayub Khan on 10 January in 1966 that resolved the Indo-Pak War of 1965. Shastri died in Tashkent, the day after signing the Tashkent Declaration.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
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5 2035
Q:

'Vikalp' is a scheme launched by Indian Railways to help wait-listed passengers. Which of the following is NOT true about this scheme?

A) Confirmed berths in alternate trains. B) No-extra charges will be taken from passengers.
C) Wait-listed passengers can avail opportunity of travelling in Rajdhani/Shatabdi/Special trains even when booking made is in other mail/express trains. D) Vikalp scheme will be initially available for e-tickets only.
 
Answer & Explanation Answer: A) Confirmed berths in alternate trains.

Explanation:
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Filed Under: General Awareness
Exam Prep: CAT , Bank Exams , AIEEE

0 2035
Q:

Which property of metals enables production of metallic foils?

A) Malleability B) Ductility
C) Sonority D) Conductivity
 
Answer & Explanation Answer: A) Malleability

Explanation:
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Filed Under: Physics
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1 2034
Q:

Most electric, gas, and water companies are examples of

A) restricted-input monopolies B) sunk-cost monopolies
C) natural monopolies D) unregulated monopolies
 
Answer & Explanation Answer: C) natural monopolies

Explanation:

Most electric, gas, and water companies are examples of natural monopolies. Utilities like water, electricity and gas are essential services that play a vital role in economic and social development.

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Filed Under: Indian Economy
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1 2034