Questions

Q:

Revenue should be recognized when

A) the service is performed B) the customer charges an order
C) cash is received D) the customer places an order
 
Answer & Explanation Answer: A) the service is performed

Explanation:

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

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

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Q:

Which of the following is the first micro finance companyto start operation as a commercial bank?

A) Oriental Bank of Commerce B) State Bank of India
C) Reserve Bank of India D) Punjab National Bank
 
Answer & Explanation Answer:

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who among the following has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank of International Settlement (BIS)’?

A) Arvind Subramanian B) Amartya Sen
C) Raghuram Rajan D) Urjit Patel
 
Answer & Explanation Answer: D) Urjit Patel

Explanation:

The Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank ofInternational Settlement (BIS)’. The Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups.Note:The ‘Financial Stability Institute Advisory Board’ of BIS assists financial sector authorities worldwide in strengthening their financial systems.

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Filed Under: General Awareness

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Q:

The World Economic Outlook (WEO) is a survey conducted and published by- 

A) WTO B) World Bank
C) UNCTAD D) New Development Bank 
 
Answer & Explanation Answer:

Explanation:

 The World Economic Outlook (WEO) is a survey conducted and published by the International Monetary Fund. It is published biannually and partly updated two times a year. It portrays the world economy in the near and medium context, with projections for up to four years into the future. 

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

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Q:

Which fort is also known as the Golden Fort?

A) Chittorgarh B) Kumbhalgarh
C) Ranthambore D) Jaisalmer
 
Answer & Explanation Answer: D) Jaisalmer

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The sum of two angles of a triangle is 116o and their difference is 24o . The measure of smallest angle of the triangle is

A) 38° B) 28°
C) 46° D) 64°
 
Answer & Explanation Answer: C) 46°

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


Equally disappointing is the court's ________________, one-paragraph dismissal of the claim that criminal ________________ creates a chilling effect upon speech. Such proclamations are easy _______________ from the high, secure, and insulated bench of the Supreme Court. It is journalists and newspapers, fighting hundreds of _____________ cases in court, _______________ have to deal with the very real consequences.


criminal ________________ creates a chilling effect upon speech

A) defamating B) defamation
C) defamate D) defamations
 
Answer & Explanation Answer: B) defamation

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.

 


We have rich cultural _____ . Its roots go into _____. Ours has never been a closed ______. It has _______ just like a tree, ______ to external ______ but holding its roots _______. But one wonders today whether it will be able to hold its _____. The ______ of our cultural heritage has come under the _____ of western culture.

 


The ______ of our cultural heritage

 

A) source B) minaret
C) altar D) citadel
 
Answer & Explanation Answer: D) citadel

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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