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Q:

Which one of the following is not a true snake ?

A) Blind snake B) Glass snake
C) Sea snake D) Tree snake
 
Answer & Explanation Answer: B) Glass snake

Explanation:

Glass snake is a lizard.

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Filed Under: Animals and Birds
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

Q:

Eighteen years ago, a mother was three times as old as her daughter. Now the mother is only twice as old as her daughter. Then the sum of the present ages of daughter and the mother is ?

A) 84 yrs B) 96 yrs
C) 116 yrs D) 108 yrs
 
Answer & Explanation Answer: D) 108 yrs

Explanation:

Let the present ages of the mother and daughter be 2x and x years respectively.
Then, (2x - 18) = 3(x - 18) => x = 36
Required sum = (2x + x) = 108 years.

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

Q:

What is India’s rank in the Global Travel and Tourism Competitiveness Report 2017 by World Economic Forum ?

A) 40th B) 52nd
C) 12th D) 6th
 
Answer & Explanation Answer: A) 40th

Explanation:

India has jumped 12 places to 40th rank globally in travel and tourism competitiveness list by World Economic Forum.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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:

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:

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
Job Role: Bank Clerk , Bank PO

Q:

Statement :

The 'X' state government has chalked out a plan for the underdeveloped 'Y' district where 80% of the funds will be placed in the hands of a committee of local representatives.

Courses of action :


I. The 'X' state government should decide guidelines and norms for the functioning of the committee.

II. Other state government may follow similar plan if directed by the Central government.

A) If only II follows B) If only I follows
C) If either I or II follows D) If neither I nor II follows
 
Answer & Explanation Answer: B) If only I follows

Explanation:

Once it is decided to place funds in the hands of the committee of local representatives, it is necessary to decide guidelines and norms for the functioning of the committee. Hence I follows. II is not related to the statement.

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Filed Under: Statement and Courses of Action
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Bank Clerk , Bank PO

Q:

Which of the following Indian Universities has topped the list of country's official higher education rankings, recently announced by the HRD Ministry ? 

A) Jawaharlal Nehru University B) Banaras Hindu University
C) IISc-Bengaluru D) Delhi University
 
Answer & Explanation Answer: C) IISc-Bengaluru

Explanation:

The Indian Institute of Sciences (IISc)- Bengaluru has topped the list of best universities of country's official higher education rankings, recently announced by the HRD Ministry.

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