Questions

Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000 B) 10000
C) 15000 D) 12000
 
Answer & Explanation Answer: A) 20000

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320 B) 12,000
C) 12,320 D) 12,500
 
Answer & Explanation Answer: C) 12,320

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Q:

Who among the following won the ‘FIFA Men's Player of The Year Award’ on October 23, 2017?

A) Lionel Messi B) Andres Iniesta
C) Cristiano Ranaldo D) Luka Modric
 
Answer & Explanation Answer: C) Cristiano Ranaldo

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who was appointed as the head of the Jury of the International Film Festival of India in November 2015?

A) Anil Kapoor B) Shekhar Kapoor
C) Anupam Kher D) Naseeruddin Shah
 
Answer & Explanation Answer: B) Shekhar Kapoor

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Which country was a part of the Axis Powers during World War 2?

A) Yugoslavia B) Poland
C) Belgium D) Hungary
 
Answer & Explanation Answer: D) Hungary

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Filed Under: World History
Exam Prep: Bank Exams

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Q:

In July 2017, the Central Government has set the investment limit per fiscal year for ‘Hindu Undivided Family’ to ______ kg under ‘Sovereign Gold Bonds Scheme’.

A) 2 B) 10
C) 4 D) 15
 
Answer & Explanation Answer: C) 4

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Filed Under: General Awareness
Exam Prep: Bank Exams

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