Questions

Q:

The single-step income statement emphasizes

A) the various components of income from continuing operations B) extraordinary items and accounting changes more than these are emphasized in the multiple-step income statement
C) total revenues and total expenses D) the gross profit figure
 
Answer & Explanation Answer: C) total revenues and total expenses

Explanation:

The single-step income statement emphasizes


1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

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

8 4605
Q:

RBI has recently allowed minors to open and operate savings bank accounts  independently. The minor should be above  how many years of age?

A) 9 B) 10
C) 12 D) 14
 
Answer & Explanation Answer: B) 10

Explanation:
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Filed Under: General Awareness

3 4603
Q:

A fixture is defined as a device which

A) is used to check the accuracy of workpiece B) holds and locates a workpiece and guides and controls one or more cutting tools
C) holds and locates a workpiece during an inspection or for a manufacturing operation D) All of the above
 
Answer & Explanation Answer: B) holds and locates a workpiece and guides and controls one or more cutting tools

Explanation:

A_fixture_is_defined_as_a_device_which1551357222.jpg image

A fixture is defined as a device which holds and locates a workpiece and guides and controls one or more cutting tools.

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Filed Under: Physics
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1 4602
Q:

ICF (integral Coach Factory) is at 

A) Alwaye B) Coimbatore
C) Chennai D) Bhadravati
 
Answer & Explanation Answer: C) Chennai

Explanation:

Railway Coaches and wagons are manufactured in Perambur, Chennai.

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Filed Under: Indian Geography

8 4602
Q:

World’s first oil paintings have been found in which of the following countries ? 

A) China B) Afghanistan
C) India D) Pakistan
 
Answer & Explanation Answer: B) Afghanistan

Explanation:

In Afghanistan, Bamiyan caves.

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

10 4601
Q:

In terms of percent, whiskey has more alcohol than wine.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

in_terms_of_percent_whiskey_has_more_alcohol_than_wine1558417798.png image


From the above figure, we can say that there is the same amount of alcohol in one regular beer (340 ml/12 oz, 5% alcohol), one glass of wine (140 ml/5oz, 12% alcohol), one glass of fortified wine (85 ml/3oz, 20% alcohol) and one shot of spirits (45 ml/1.5 oz, 40% alcohol).


 


Hence, the given statement whiskey has more alcohol than wine is TRUE.

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Subject: General Science
Exam Prep: AIEEE , Bank Exams , CAT
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2 4601
Q:

What is an Indian Depository Receipt ?

A) A deposit account with a Public sector Bank B) A depository account with any of the Depositories in india
C) An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company D) An instrument in the form of deposit receipt issued by indian depositories
 
Answer & Explanation Answer: C) An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company

Explanation:
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Q:

The largest proportion of federal revenues comes from

A) borrowing B) excise taxes
C) social insurance taxes D) personal income taxes
 
Answer & Explanation Answer: D) personal income taxes

Explanation:

The largest proportion of federal revenues comes from personal income taxes. Almost half of all federal revenue (47 percent) comes from individual income taxes.

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

2 4600