Questions

Q:

A major purpose of cost accounting is to

A) measure, record and report product costs B) classify all the product costs
C) to provide information to stockholders for investment decisions D) All of the above
 
Answer & Explanation Answer: A) measure, record and report product costs

Explanation:

A major purpose of cost accounting is to measure, record and report product costs.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Who Invented LED?

A) Nick Holonyak B) Elias Howe
C) Chuck Hull D) Christiaan Huygens
 
Answer & Explanation Answer: A) Nick Holonyak

Explanation:
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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO?

A) Clearing B) Culminative
C) Collateralized D) Credit
 
Answer & Explanation Answer: C) Collateralized

Explanation:

CBLO stands for Collateralized Borrowing and Lending Obligation. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the
terms and conditions of a loan. So, C stands for Collateralized.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

From May 2017, the Real Estate Act has come into effect. The act mandates depositing how much of the funds collected from buyers?

A) 50% B) 40%
C) 70% D) 80%
 
Answer & Explanation Answer: C) 70%

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which one of the following was established with a definite provision under an Article of the Constitution of India?

A) Union Public Service Commission B) National Human Rights Commission
C) Election Commission D) Central Vigilance Commission
 
Answer & Explanation Answer: C) Election Commission

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Comptroller and Auditor General of India submits the audit reports to _______.

A) President of India B) Prime Minister of India
C) Finance Minister of India D) Home Minister of India
 
Answer & Explanation Answer: A) President of India

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following is called 'Queen of the Adriatic'?

A) Venice B) Rome
C) Flanders D) Lisbon
 
Answer & Explanation Answer: A) Venice

Explanation:
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Filed Under: General Awareness

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Q:

Weight of an object on the moon is ............ the weight of the object on earth.

A) equal to B) 1/6th
C) 1/2 D) 1/5th
 
Answer & Explanation Answer: B) 1/6th

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

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