Analyst Questions


Q:

Which of the following best describes Accounting?

A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business B) is used only for filling out tax returns and for financial statements for various types of governmental reporting requirements
C) records economic data but does not communicate the data to users according to any specific rules D) is of no use by individuals outside of the business
 
Answer & Explanation Answer: A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business

Explanation:

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. 

Which_of_the_following_best_describes_Accounting1537425183.gif image

Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. 

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Filed Under: Bank Interview
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

A 150 m long train crosses another 210 m long train running in the opposite direction in 10.8 seconds. If the shorter train crosses a pole in 12 seconds, what is the speed of longer train ?

A) 75 kmph B) 80 kmph
C) 54 kmph D) 45 kmph
 
Answer & Explanation Answer: A) 75 kmph

Explanation:

Total distance = 150 + 210 = 360 mts

Time taken to cross each other when moving in opposite direction = 10.8 sec

Relative speed of trains = (350/10.8) x 18/5 = 3600/30 = 120 kmph

Speed of shorter train = (150/12) x 18/5 = 45 kmph

 

Hence, speed of longer train = 120 - 45 = 75 kmph.

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Filed Under: Problems on Trains
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Q:

The composition of electrician solder is

A) lead-37%, tin-63% B) Iron-37%, tin-63%
C) lead-37%, Steel-63% D) Steel-37%, copper-63%
 
Answer & Explanation Answer: A) lead-37%, tin-63%

Explanation:
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Filed Under: Physics
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Q:

Which of the following is a legal requirement for PFDs?

A) PFDs must be properly sized for the intended wearer. B) Must be in good, serviceable condition.
C) Sizing for PFDs is based on body weight and chest size. D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

PFD's : Personal Flotation Devices (life jackets).

 

It is a legal requirement for a PFD to

1. Must be in good, serviceable condition 

2. PFDs must be properly sized for the intended wearer.

3. Sizing for PFDs is based on body weight and chest size.

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Filed Under: General Awareness
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2 4495
Q:

Dileep started a business with a capital of Rs. 8000. After six months, Narender joined him with some investment. If at the end of the year each of them gets equal amount as profit, how much did Narender invest in the business?

A) 24000 B) 16000
C) 12000 D) 32000
 
Answer & Explanation Answer: B) 16000

Explanation:

Given Dileep and Narender started a business.

Dileep invested 8000 for 12 months

Let Narender invested 'p' for 6 months

At the end of the year, their profit ratio is 1 : 1.

Hence,

8000 x 12 : p x 6

p : 16000

p/16000 = 1/1

=> p = 16,000

 

Hence, Narender invested amount is Rs. 16,000.

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Filed Under: Partnership
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8 4494
Q:

The book "My Life, My Mission" is the autobiography of which Indian personality?

A) Baba Ramdev B) Sania Mirza
C) Yuvraj Singh D) Abdul Kalam
 
Answer & Explanation Answer: A) Baba Ramdev

Explanation:

"My Life, My Mission" is the autobiography of Baba Ramdev.

 

Whereas

 

Ace Against Odds is the autobiography of Sania Mirza

Test of My Life: From Cricket to Cancer is the autobiography of Yuvraj Singh

Wings of Fire is the autobiography of Abdul Kalam.

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Filed Under: Books and Authors
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9 4493
Q:

Find the Missing Number Puzzle for the Given

number011517998001.jpg image

A) 8 B) 16
C) 9 D) 12
 
Answer & Explanation Answer: C) 9

Explanation:

Given

 

6 = 3 => Number of letters in SIX = 3

 

12 = 6 => Number of letters in TWELVE = 6

 

14 = 8 => Number of letters in FOURTEEN = 8

 

Similarly,

 

22 = 9 => Number of letters in TWENTY TWO = 9

 

 

 

 

 

Therefore, 22 = 9.

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Q:

Rohan spends 24% of an amount of money on an insurance policy, 34% on food, 19% on children’s education and 17% on recreation. He deposits the remaining amount of Rs. 540 in bank. How much total amount does he spend on food and insurance policy together?

A) Rs. 6350 B) Rs. 5220
C) Rs. 5890 D) Rs. 6458
 
Answer & Explanation Answer: B) Rs. 5220

Explanation:

Remaining % of amount with Rohan

= 100 - (24 + 34 + 17 + 19)

= 100 - 94

= 6%

=> 6% = 540

=> 100% = ?

540 x 100/6 = Rs. 9000

Now, Money spent on insurance and food is

= 34 + 24 = 58% of 9000

= 58 x 9000/100

= 58 x 90

= Rs. 5220

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Filed Under: Percentage
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