Questions

Q:

To buy goods on credit means to

A) promise to pay for goods later. B) pay only a discount price.
C) promise to pay only a sale price. D) pay cash for goods.
 
Answer & Explanation Answer: A) promise to pay for goods later.

Explanation:

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.

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

2 7269
Q:

Excluding the stoppages, the speed of a bus is 64 km/hr and including the stoppages the speed o the bus is 48km/hr. For how many minutes does the bus stop per hour?

A) 12.5 minutes B) 15 minutes
C) 10 minutes D) 18 minutes
 
Answer & Explanation Answer: B) 15 minutes

Explanation:
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Q:

Who was the first person to patent the JET ENGINE?

A) F. Whittle B) C. Lindbergh
C) W. Histell D) B. Owings
 
Answer & Explanation Answer: A) F. Whittle

Explanation:
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Filed Under: Inventions

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Q:

All of the following were Contemporaries of Emperor Akbar, except

A) Abbas the Great of persia B) Henry VIII of England
C) Elizabeth I of England D) Henry IV of France
 
Answer & Explanation Answer: B) Henry VIII of England

Explanation:
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Filed Under: Indian History

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Q:

Vitamins are

A) Macro Nutrients B) Micro nutrients
C) Essential Amino acids D) Non essential Amino acids
 
Answer & Explanation Answer: B) Micro nutrients

Explanation:
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Filed Under: Biology

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Q:

Who did not have an important role in the Swadeshi Movement ?

A) Muslims B) Students
C) Women D) Peasants
 
Answer & Explanation Answer: D) Peasants

Explanation:
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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

20 7258
Q:

Who said " You give me blood, I will give you freedom "

A) Mahatma Gandhi B) Bal Gangadhar Tilak
C) Subhash Chandra Bose D) Bhagat singh
 
Answer & Explanation Answer: C) Subhash Chandra Bose

Explanation:
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Filed Under: Famous Personalities

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Q:

How do you go about familiarizing yourself with the products you sell?

Answer

Retail products often change seasonally.  Can you quickly update yourself on all the new information so you can be prepared to sell the new inventory to customers as soon as it lands on the shelf


 

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Subject: Retail

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