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Q:

Minute hand overlaps hour hand in 65 mins. In how many days it will gain 1440 hours ?

A) 57 days B) 58 days
C) 60 days D) 61 days
 
Answer & Explanation Answer: C) 60 days

Explanation:

In this problem , it has considered that 65 mins = 1hr
So mins has increased by 5 mins so multiply 5 x 24 = 120 mins extra ,
That is now per day it adds 2hr extra, so divide 1440/26 = 59.384 days =~ 60 days.

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Filed Under: Clock puzzles
Exam Prep: AIEEE , Bank Exams , CAT
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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
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Q:

Which country will become the World's first country to neutralise the gender pay gap ?

A) USA B) UK
C) Iceland D) France
 
Answer & Explanation Answer: C) Iceland

Explanation:
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Filed Under: General Awareness

Q:

The 2017 Indian Premier League (IPL 2017) first match on 5 April, 2017 was held in ?

A) Banglore B) Delhi
C) Hyderabad D) Kolkata
 
Answer & Explanation Answer: C) Hyderabad

Explanation:

The 2017 Indian Premier League is scheduled to start on 5th April 2017 and finish on 21 May 2017. The opening match and the final will be played at the Rajiv Gandhi International Cricket Stadium in Hyderabad.

The first match was between Sun Risers Hyderabad and Royal Challengers Banglore.

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Filed Under: Sports

Q:

RBI appoints _______ as New Executive Director in 2017 ?

A) Smt. Malvika Sinha B) Smt. Girija Rana
C) Smt. Indira Devi D) CP Rajan
 
Answer & Explanation Answer: A) Smt. Malvika Sinha

Explanation:

The Reserve Bank of India has appointed Smt. Malvika Sinha as Executive Director (ED).

As Executive Director Smt. Sinha will look after Foreign Exchange Department, Department of Government and Bank Accounts and Internal Debt Management Department.

Smt. Malvika Sinha holds a Masters Degree from University of Bombay and has done her Masters in Public Administration. She is also a Certificated Associate of Indian Institute of Bankers.

Smt. Sinha joined Reserve Bank in 1982 and as a career central banker served in the areas of regulation and supervision, foreign exchange and Government and Bank Accounts in the Bank. Prior to being promoted as ED, Smt. Sinha was Principal Chief General Manager, Department of Co-operative Banking Supervision in the Reserve Bank.

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Filed Under: General Awareness
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Q:

Who was appointed as NASSCOM chairman in April 2017 ?

A) C P. Gurnani B) Raman Roy
C) Smt. Singha D) None
 
Answer & Explanation Answer: B) Raman Roy

Explanation:

The National Association of Software and Services Companies (Nasscom) appointed Raman Roy (Managing Director of Quatrro Global Services) as its chairman for 2017-2018.

 Rishad Premji (Chief Strategy Officer (CSO), Wipro Limited) has been appointed Vice Chairman. Raman Roy has replaced Mr. CP Gurnani.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
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Q:

Fact 1: All hats have brims.
Fact 2: There are black hats and blue hats.
Fact 3: Baseball caps are hats.

If the first three statements are facts, which of the following statements must also be a fact?
I. All caps have brims.
II. Some baseball caps are blue.
III. Baseball caps have no brims.

A) I only B) II only
C) I, II, and III D) None of the statements is a fact.
 
Answer & Explanation Answer: D) None of the statements is a fact.

Explanation:

All baseball caps have brims, since baseball caps are hats (Fact 3) and all hats have brims (Fact 1). This rules out statement III—but it doesn’t follow that all caps, a category that may include caps that are not baseball caps, have brims (statement I). Statement II cannot be confirmed, either, since it is possible, given the information, that all baseball caps are black.

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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Q:

Who is appointed as MD and CEO of IDBI Bank in April, 2017 ?

A) Kanungo B) Mahesh Kumar Jain
C) Ravi Chander D) None
 
Answer & Explanation Answer: B) Mahesh Kumar Jain

Explanation:

Mahesh Kumar Jain was appointed as MD and CEO of IDBI bank in April 2017.

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