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Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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

Q:

The partnership form of business organization is

A) only two shares B) more than two shares
C) no share D) doesn't exist
 
Answer & Explanation Answer: B) more than two shares

Explanation:

A partnership is a form of business where two or more people share ownership.

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

Q:

Where is the headquarters of Youtube?

A) China B) Japan
C) India D) United States
 
Answer & Explanation Answer: D) United States

Explanation:

The headquarters of Youtube is in United States. The headquarters of some big companies are at

Google : United States

Yahoo : United States

Apple : United States

Mircosoft : United States

Facebook : United States

WhatApp : United States

Twitter : United States

YouTube : United States

Instagram : United States.

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

Q:

Which is the most polluted city in the world, according to Air Quality Index 2018?

A) Sydney B) New Delhi
C) Mumbai D) Islamabad
 
Answer & Explanation Answer: B) New Delhi

Explanation:

New Delhi is the most polluted city in the world, according to Air Quality Index 2018.

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

Q:

Fiscal policy is connected with

A) Public revenue & expenditure B) Exports and imports
C) Issue of currency D) Taxes
 
Answer & Explanation Answer: A) Public revenue & expenditure

Explanation:

Fiscal policy is connected with public revenue and expenditures. This policy is the use of government revenue collection to monitor the nation's economy.

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

Q:

A person who enjoys pain is called

A) Sadist B) Dipsomania
C) Masochist D) Blogomaniac
 
Answer & Explanation Answer: C) Masochist

Explanation:

A person who enjoys in feeling or being pain is called Masochist. The person who enjoys inflicting pain on others is called as Sadist.

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

Q:

German Silver contains

A) 100% pure silver B) 10% silver
C) 1% silver D) 0% silver
 
Answer & Explanation Answer: D) 0% silver

Explanation:

German Silver is an alloy of copper, nickel and zinc. It is composed of 60% copper, 20% nickel and 20% zinc. Due to its white-silverish appearance it is named as german silver but it contains no silver in it.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO

Q:

The Business Entity concept means that

Answer

The Business Entity concept is also called as Separate Entity or Economic Entity concept. This concept states that the transactions and all the balances related or associated with a business must be recorded or accounted separately from other businesses or the individual personal transactions.

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