Bank Clerk Questions

The Mahindra Excellence in Theatre Awards (META) instituted by Mahindra group.

Government can be classified in three manners:

(1) who participates,

(2) geographic distribution of power, and

(3) legislative/executive relationship.

Who can participate is generally broken down into two forms of government,

democracy or dictatorship

While the legislative/executive relationship is broken down into

presidential or parliamentary

The geographic distribution of power is broken down into unitary, federal, and confederation (confederal).

Confederal System of Government ::

A system of government where power is located with the independent states and there is little power in the central government.

Today, no nation follows a confederal system. Organizations, like the European Union and the Commonwealth of Independent States, are based on the ideas of a confederal system. Several nations make up these organizations, but they still retain the majority of their independence.

5% of 400000

= 5 x 400000/100

= 20,000

Hence, 5% of 4,00,000 = 20,000

Koala is a animal that exclusively eat only eucalyptus leaves and nothing else.

Indian business magnate Mukesh Ambani topples Jack Ma as Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.

The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth US$44.3 billion in July 2018 with the share price of Reliance Industries rising 1.6 per cent to a record 1,099.8 rupees (US$16.05), according to Bloomberg Billionaires Index.

Jack Ma’s wealth stood at US$44 billion at the close of trading on the sameday in the US, where the company is listed.

Piyush Vedprakash Goyal is the Indian personality received Carnot Prize for Power Reforms, Rural Electrification. He is an Indian politician and the current minister of Railways, Coal in the Government of India.

Golden rules of accounting convert complex book-keeping rules into a set of well defined principles which can be easily studied and applied.

Real accounts involve machinery, land and building etc... Similarly when you credit what goes out, you are reducing the account balance when a tangible asset goes out of the organization. Debit All Expenses And Losses, Credit All Incomes And Gains. This rule is applied when the account in question is a nominal account.

Personal-Account

---Debit the receiver

---Credit the Giver

Real-Account

---Debit what comes in

---Credit what goes out

Nominal-Account

---Debit all expenses and losses

---Credit all income and gains