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Q:

Total 100 members are writing exam. In that 48 members are writing first exam, 45 members are writing second exam and 38 members are writing third exam. 5 members are writing all the three exams. How many members are writing 2 exams ?

A) 26 B) 23
C) 27 D) 21
 
Answer & Explanation Answer: D) 21

Explanation:

Total number of exams written by 100 students = 48 + 45 + 38 = 131
Now let us say x members are writing only 1 exam, y members are writing only 2 exams, z members are writing only 3 exams.
Therefore, x + 2y + 3z = 131 also x + y + z = 100.
Given that z = 5. So x + 2y = 116 and x + y = 95.
Solving we get y = 21.
So 21 members are writing exactly 2 exams.

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Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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

Q:

Who among the following is set to become the youngest-ever "Messenger of Peace," for 'United Nations' ?

A) Rashi Anand B) Shikha Patra
C) Bedadyuti Jha D) Malala Yousafzai
 
Answer & Explanation Answer: D) Malala Yousafzai

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

Q:

The concept of Economic planning in India is derived from ________.

A) Russia B) Australia
C) USA D) UK
 
Answer & Explanation Answer: A) Russia

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

Q:

Who was named as " Wisden’s Leading Cricketer in the World " for 2016 ?

A) M S Dhoni B) Musharaf Ali
C) Virat Kohli D) Ashwin
 
Answer & Explanation Answer: C) Virat Kohli

Explanation:

i. India’s Virat Kohli was named Wisden’s Leading Cricketer in the World for 2016.

ii. Kohli had also won the prestigious ‘Polly Umrigar award’ presented to the ‘International Cricketer of the Year’ at the BCCI Annual Awards.

iii. Kohli was additionally declared Wisden India Almanack’s Cricketer of the Year for the second time in its 2017 edition.

 

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Filed Under: Honours and Awards
Exam Prep: Bank Exams , CAT

Q:

" Rani ki Vav " an archaeological attraction is located in which of the following states ?

A) Andhra Pradesh B) Telangana
C) Rajasthan D) Gujarat
 
Answer & Explanation Answer: D) Gujarat

Explanation:

Rani ki Vav meaning the Queen’s Stepwell is an archaeological site in the state of Gujarat. Beauitfully structured, the site has been included in the list of international heritage sites by UNESCO. With the help of the ambitious project, The Scottish Ten, Rani ki Vav is among the five heritage sites that would be recreated digitally for managment and conservation.

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Filed Under: Famous Places
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk

Q:

What should come in place of the question mark(?) in the following questions ?

316 + 412 - 223 - 11112 = ?

A) 1 7/12 B) 1 5/12
C) 3 7/12 D) 3 1/12
 
Answer & Explanation Answer: D) 3 1/12

Explanation:

? = (3 + 4 - 2 - 1) + ( 1/6 + 1/2 - 2/3 - 11/12) 

= 4 + [(2+6-8-11)/12] 

= 4 - (11/12 )= 31/12.

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Filed Under: Mathematical Operations
Exam Prep: CAT , Bank Exams , AIEEE
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Q:

Arun and Varun started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, Akhil joined them with Rs. 20,000. What will be Varun's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ?

A) Rs. 7500 B) Rs. 4520
C) Rs. 8750 D) Rs. 6350
 
Answer & Explanation Answer: A) Rs. 7500

Explanation:

Arun : Varun : Akhil = (20000 x 24) : (15000 x 24) : (20000 x 18) = 4:3:3

B's share = 25000 x 3/10 = Rs. 7500.

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO