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Q:

Reinsurance is the name given to:

A) An individual taking insurance for the second time B) An insurer placing insurance with another insurer
C) When government by insurance policies for government employees D) All the above
 
Answer & Explanation Answer: B) An insurer placing insurance with another insurer

Explanation:

Reinsurance is insurance that is purchased by an insurance company from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which amongst the following is not a Cation?

A) Aluminium ion B) Copper ion
C) Sulphate ion D) Zinc ion
 
Answer & Explanation Answer: C) Sulphate ion

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The Sixth Schedule of the Constitution of India pertains to the administration of tribal areas in which of the following States?

A) Assam, Meghalaya, Tripura and Mizoram B) Meghalaya, Tripura, Manipur and Mizoram
C) Assam, Manipur, Meghalaya and Tripura  D) Manipur, Meghalaya, Tripura and Arunachal Pradesh
 
Answer & Explanation Answer: A) Assam, Meghalaya, Tripura and Mizoram

Explanation:

The Constitution of India makes special provisions for the administration of the tribal dominated areas in four states viz. Assam, Meghalaya, Tripura and Mizoram. As per article 244 and 6th Schedule, these areas are called “Tribal Areas“, which are technically different from the Scheduled Areas under fifth schedule.

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If sinθ+cosθsinθ-cosθ=3, then the value of sin4θ-cos4θ is

A) 4/3 B) 3/4
C) 5/3 D) 3/5
 
Answer & Explanation Answer: D) 3/5

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

What is the compound interest (in Rs) for 1 year on a sum of Rs 20000 at the rate of 40% per annum compounding half yearly?

A) 8000 B) 8650
C) 8750 D) 8800
 
Answer & Explanation Answer: D) 8800

Explanation:
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Filed Under: Compound Interest
Exam Prep: Bank Exams

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Q:

Sharmi starts from Pune and Ritesh starts from Mumbai to meet each other. The Speed of Sharmi is 37 kmph, while the speed of Ritesh is 41 kmph. If the distance between Pune and Mumbai be 234 km and both Sharmi and Ritesh start their journey at the same time, when they will meet?

A) 1 hour later B) 1.5 hour later
C) 2 hour later D) 2.5 hour later
 
Answer & Explanation Answer:

Explanation:
234 = (37+41)*t
t =3
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Filed Under: Time and Distance
Exam Prep: Bank Exams

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Q:

A word is represented by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix -II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example 'C' can be represented by 23, 40 etc and 'X' can be represented by 66, 96 etc. Similarly, you have to identify the set for the word 'DUNG'.

 

 

A) 31,76,24,96   B) 20,59,41,88  
C) 33,68,31,75   D) 42,57,75,11
 
Answer & Explanation Answer: D) 42,57,75,11

Explanation:
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Filed Under: Analytical Reasoning
Exam Prep: Bank Exams

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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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