Questions

Q:

what is the internal rate of return(IRR) of eurekaforbes?

Answer

Internal Rate of Return is that rate of Return at which the net present value is equal to Zero or it is the Rate which equates the present value of the cash inflows to the cash outflows.


NPV = Cash Inflow - Cash outflow


NPV = Zero


 

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Subject: Finance

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Q:

The Budget proposals also seek to provide relief to salaried tax payers by allowing a standard deduction of what amount in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses?

A) Rs. 20,000 B) Rs. 40,000
C) Rs. 50,000 D) Rs. 80,000
 
Answer & Explanation Answer: B) Rs. 40,000

Explanation:

The standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.

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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:

What occurs during the appropriations process?

A) Congress acquires requested oversight material from the executive. B) Congress instructs the president to eliminate federal agencies.
C) Congress grants funds to federal agencies. D) Congress makes laws.
 
Answer & Explanation Answer: C) Congress grants funds to federal agencies.

Explanation:

Appropriations are annual decisions made by Congress about how the federal government spends some of its money. In general, the appropriations process addresses the discretionary portion of the budget – spending ranging from national defense to food safety to education to federal employee salaries, but excludes mandatory spending, such as Medicare and Social Security, which is spent automatically according to formulas.

 

Hence, congress grants funds to federal agencies and programs during the appropriations process.

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

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Q:

What is the retirement age of the Prime Minister of India?

A) 60 years B) 70 years
C) 65 years D) No limit
 
Answer & Explanation Answer: D) No limit

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

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Q:

Which of the following has introduced ‘style ideas’ on its Android app and web based search for fashion content ?

A) Amazon B) Flipkart
C) GOOGLE D) Microsoft
 
Answer & Explanation Answer: C) GOOGLE

Explanation:

To enhance user experience when searching for fashion content, Google on Thursday introduced a new feature called “style ideas” in Image Search on mobile web and in Google app for Android. “Style ideas” throws up high-quality images that show how someone will look while wearing or carrying the item you searched for.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

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Q:

Name the body that has recently announced a plan to promote micro-enterprises in 115 aspirational districts across the country after tying up with Common Service Centre (CSC).

A) SEBI B) RBI
C) SIDBI D) IRDAI
 
Answer & Explanation Answer: C) SIDBI

Explanation:

Small Industries and Development Bank of India (SIDBI) announced a plan to promote micro-enterprises in 115 aspirational districts across the country. It has tied up with Common Service Centre (CSC).

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

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Q:

Light travels fastest in

A) Air B) Water
C) Glass D) Diamond
 
Answer & Explanation Answer: A) Air

Explanation:

Light travels fastest in Vacuum. The fastest thing in the whole universe is the speed of light in a vacuum like outer space. It is about 2.99 x 108 m/s. 

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

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Q:

Organisms that live in the deep sea are mainly

A) Herbivores B) Carnivores
C) Detritivores D) None of the above
 
Answer & Explanation Answer: C) Detritivores

Explanation:

Deep sea animals cannot produce food as there is no light. They have to depend upon the fall out of organic debirs raining down on them from surface layers. Hence they are detritivores.

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Filed Under: Biology

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