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Q:

A heap of coconuts is divided into groups of 2, 3 and 5 and each time one coconut is left over. The least number of Coconuts in the heap is  ?

A) 63 B) 31
C) 16 D) 27
 
Answer & Explanation Answer: B) 31

Explanation:

To get the least number of coconuts :
LCM = 30 => 30 + 1 = 31

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Filed Under: HCF and LCM
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

Q:

What do you understand by Intercompany Settlement ?

Answer

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer.


This process is known as Intercompany Settlement. 

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

Q:

What is the Debit Balance recovery? How we can recover if we won’t have any future transactions from supplier ?

Answer

The Debit balance recovery is usually made by raising a credit memo for the regular vendors. However if there are no future transactions from the supplier, we ask the vendor to send the check / make an EFT for the amount due from him. When payment is made to the wrong vendor or payment made in excess, in that case overpayment has gone to the vendor, so for us it is vendor debit balance. For debit balance recovery, we can either follow- up with the vendor to send us the excess amount / refund back, or we can adjust that extra amount in future invoices submitted by that vendor. In case no future transactions, we have to follow-up with the vendor, failing which we have to write off this amount. 

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

Q:

Does not overriding hashcode() method has any performance implication ?

Answer

A poor Hashcode() function will result in frequent collision in HashMap which eventually increase time for adding an object into Hash Map.

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Subject: Java
Job Role: Analyst , IT Trainer

Q:

Running 3/4th of his usual rate, a man is 15min late. Find his usual time in hours  ?

A) 2/3 hrs B) 3/4 hrs
C) 1/3 hrs D) 1/4 hrs
 
Answer & Explanation Answer: B) 3/4 hrs

Explanation:

Walking at 3/4th of usual rate implies that time taken would be 4/3th of the usual time. In other words, the time taken is 1/3rd more than his usual time

 

so 1/3rd of the usual time = 15min
or usual time = 3 x 15 = 45min = 45/60 hrs = 3/4 hrs.

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Filed Under: Time and Distance
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

Q:

One Word substitute :

Extreme old age when a man behaves like a fool

A) Superannuation B) Imbecility
C) Senility D) Dotage
 
Answer & Explanation Answer: D) Dotage

Explanation:
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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

Q:

Which state government has implemented ‘Green Protocol’ for weddings  ?

A) Kerala B) Goa
C) Himachal Pradesh D) Telangana
 
Answer & Explanation Answer: A) Kerala

Explanation:

The Kerala government has implemented Green Protocol for making weddings more naturally in the state. The purpose of the initiative is to reduce the use of plastic in daily life. With the implementation of the protocol, use of plastic and other non-degradable articles including disposable glasses and plates and thermocol decorations will be discouraged at marriage functions. Inspections will be held at marriage halls, convention centres and hotels and other venues of the wedding ceremony in this regard and action would be taken if the protocol is violated. The state nodal agency for sanitation ‘Suchitwa Mission’ has already launched the initiative in Kannur, Ernakulam, Kollam and Alappuzha on a pilot basis. As per officials, the protocol would be implemented in the rest of the districts soon.

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

Q:

Which of the following is the oldest Joint Stock Bank of India  ?

A) Patiala Bank B) Punjab National Bank
C) Bank of India D) Allahabad Bank
 
Answer & Explanation Answer: D) Allahabad Bank

Explanation:

Oldest Joint Stock bank of India was Bank of Upper India that was established in 1863. But this bank failed in 1913. India's Oldest Joint Stock Bank which is still working is Allahabad Bank. It is also known as India's oldest public sector bank.

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