Bank Exams Questions

Q:

What do you understand by Intercompany Settlement ?

Answer

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer.


This process is known as Intercompany Settlement. 

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Subject: Accounts Payable Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

It's nothing short of a revolution in how we eat, and it's getting closer every day. Yes, a lot of people are obese, and yes, the definition of "healthy eating" seems to change all the time. But in labs and research centres around the world, scientists are racing to match our genes and our taste buds, creating the perfect diet for each of us, a diet that will fight disease, increase longevity, boost physical and mental performance, and taste great to boot. As food scientist J.Bruce German says, "The foods we like the most will be the most healthy for us."

Is that going to be a great day, or what?

All this will come to pass, thanks to genomics, the science that maps and describes an individual's genetic code. In the future, personalized DNA chips will allow us to assess our own inherited predispositions for certain diseases, then adjust our diets accordingly. So, if you're at risk for heart disease, you won't just go on a generic low-fat diet. You'll eat foods with just the right amount and type of fat that's best for you. You'll even be able to track your metabolism day-to-day to determine what foods you should eat at any given time, for any given activity. "Since people differ in their genetics and metabolism, one diet won't fit all," says German. As complex as all this sounds, it could turn out to be relatively simple.

Why won't a common diet fit everybody?

A) Because different people eat different food B) Because their genes are different
C) Since they differ in genetics and metabolism D) Because of their different moods
 
Answer & Explanation Answer: C) Since they differ in genetics and metabolism

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Factors that aid venous return include all except

A) pressure changes in the thorax B) urinary output
C) activity of skeletal muscles D) venous valves
 
Answer & Explanation Answer: B) urinary output

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

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Q:

Giving two successive discounts of 40% is equal to giving one discount of ________%.

A) 80 B) 96
C) 64 D) 72
 
Answer & Explanation Answer: C) 64

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

In a certain code language, "BRING" is written as "25698" and "JAIL" is written as "4367". How is "BRINJAL" written in that code language?

A) 2566437 B) 2569437
C) 2569347 D) 2659437
 
Answer & Explanation Answer: B) 2569437

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

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Q:

Other things the same, when the interest rate rises 

A) people would want to lend less, making the supply of loanable funds decrease. B) people would want to lend less, making the quantity of loanable funds supplied decrease.
C) people would want to lend more, making the supply of loanable funds increase. D) people would want to lend more, making the quantity of loanable funds supplied increase.
 
Answer & Explanation Answer: D) people would want to lend more, making the quantity of loanable funds supplied increase.

Explanation:

Other things the same, when the interest rate rises people would want to lend more, making the quantity of loanable funds supplied increase.

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

If A's sister's husband is B's mother-in-law's son-in-law, how is A related to B?

A) Father B) Father-in-law
C) Brother-in-law D) Husband
 
Answer & Explanation Answer: D) Husband

Explanation:
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Filed Under: Blood Relations
Exam Prep: Bank Exams

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Q:

In how many different ways could couples be picked from 6 men and 9 women ?

A) 26 B) 54
C) 52 D) 28
 
Answer & Explanation Answer: B) 54

Explanation:

Number of mens = 8

Number of womens = 5

 

Different ways could couples be picked = C16×9C1 = 9 x 6 = 54 ways.

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Filed Under: Permutations and Combinations
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

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