Bank Clerk Questions


Q:

What is 'Three-Way Match' refers in Acconting ?

Answer

In accounting, the Three-way Match refers to a procedure used when processing an invoice received from a vendor or supplier. The three-way match is an important step in safeguarding an organization's assets. The purpose of the three-way match is to avoid paying incorrect and perhaps fraudulent invoices.


Here Three-way refers to the three documents involved :


* Vendor's invoice which was received and will become part of an organization's accounts        payable if approved.


* Purchase order that was prepared by the organization.


* Receiving report that was prepared by the organization.


And Match refers to the comparison of the quantities, price per unit, terms, etc. appearing on the vendor's invoice to the information on the purchase order and to the quantities actually received.


After the vendor's invoice has been validated by the three-way match, it can be further processed for payment.

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Subject: Accounts Payable Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Study of sound is called

A) Agronomy B) Accoustics
C) Aesthetics D) Aeronautics
 
Answer & Explanation Answer: B) Accoustics

Explanation:

Accoustics is a subject deals with the Study of sound

 

Aesthetics is a Philosophy of fine arts

 

The science or art of flight is called Aeronautics

 

The science of soil management is called Agronomy.

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Q:

Which warship has become the India’s first warship to install solar panels on board ?

A) INS Sindhudurg B) INS Sarvekshak
C) NS Vindhyagiri D) INS Godavari
 
Answer & Explanation Answer: B) INS Sarvekshak

Explanation:

Indian Navy’s survey vessel INS Sarvekshak has become the India’s first warship to install solar power system on board. The solar power system works on sunlight and hence is 100% per cent reliable for power source that can be used for communication equipment, battery charging and general lightings onboard round the clock with battery outputs during night. The system is maintenance free.

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Q:

National Khadi Festival 2018 held in

A) Hyderabad B) Kolkata
C) Bangaluru D) Mumbai
 
Answer & Explanation Answer: D) Mumbai

Explanation:
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Q:

Fouaad Mirza is related to which sports?

A) Equestrian B) Long jump
C) Short throw D) Shooting
 
Answer & Explanation Answer: A) Equestrian

Explanation:

Fouaad Mirza is related to the game Equestrian. His show wins first medal to India in equestrian game. He clinched silver medal in the individual event of equestrian game in the Asian games 2018. 

 

Fouaad Mirza belongs to Bangaluru.

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Filed Under: Sports
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Q:

Ram Mohan Roy was given the title of Raja by

A) British B) Cholas
C) Mughals D) Dutch
 
Answer & Explanation Answer: C) Mughals

Explanation:

ram_mohan_roy_was_given_the_title_of_raja_by1553152861.jpg image

 

Raja Ram Mohan Roy, a social and educational reformer, was an idealist who contributed immensely in eradicating social evils prevalent in the society during the 18th century.
He was popularly known as "Father of Modern India".

 

He was given the title of Raja by the Mughal emperor Akbar Shah II in the year 1830 as he had gone to England as an envoy of the emperor.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

The pioneer of Communism in India was

A) M.N.Roy B) Nalin Gupta
C) M.R.Jayakar D) S.A.Dange
 
Answer & Explanation Answer: A) M.N.Roy

Explanation:

Manabendra Nath Roy, known as M.N. Roy was an Indian revolutionary, radical activist and political theorist, as well as a noted philosopher in the 20th century. Roy was a founder of the Mexican Communist Party and the Communist Party of India.

The_pioneer_of_Communism_in_India1560343205.jpg image

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Q:

What does ELA stand for in education

Answer

ELA - English Language Arts.

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

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