Q:

What is cash budget ?

Answer

Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.

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Subject: Accounting and Finance Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

2 1001

Q:

Economics assumes that

A) people have unlimited desires but limited resources	B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency	D) people are emotional and make irrational decisions

Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million	B) $250 million
C) $580 million	D) $610 million

Answer & Explanation Answer: B) $250 million

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Management accountants would not

A) prepare reports primarily for external users.	B) be concerned with the impact of cost and volume on profits
C) assist in budget planning.	D) determine cost behavior.

Answer & Explanation Answer: A) prepare reports primarily for external users.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1001

Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.

The most useful gift of my wedding was given to me by my aunt.

A) My aunt gave me the most useful gift of my wedding.	B) My aunt had given me the most useful gift of my wedding.
C) The gift which has been most useful has been given to me by my aunt.	D) My aunt has given me the most useful gift of my wedding.

Answer & Explanation Answer: A) My aunt gave me the most useful gift of my wedding.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Astronauts inside spaceship feel ___ weight.

A) More	B) Less
C) Zero	D) Depends on G force

Answer & Explanation Answer: C) Zero

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The sensation of sound persists in the human brain for about:

A) 0.5 sec	B) 0.2 sec
C) 0.1 sec	D) 1 sec

Answer & Explanation Answer: C) 0.1 sec

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

In September 2017, RBI has capped bank investments in private equity fund at ______ percent of paid up capital.

A) 5	B) 10
C) 15	D) 18

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