Questions

Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January B) March
C) July D) September
 
Answer & Explanation Answer: C) July

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

'Group of Monuments' at Mahabalipuram one of the 'UNESCO World Heritage Site' founded by the Pallava Kings is in ____ district of ____.

A) Thanjavur, Tamil Nadu B) Kancheepuram, Tamil Nadu
C) Sivagangai, Tamil Nadu D) Nilgiris, Tamil Nadu
 
Answer & Explanation Answer: B) Kancheepuram, Tamil Nadu

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the question given below, a statement is given followed by three courses of action. A course of action is taken for improvement, follow up, etc. Read the statement carefully and give your answer.

Statement:
A knife-wielding assailant killed a 29- year-old man and injured four others in a lively neighbourhood near Paris’ famed Opera Garnier before he was killed by police on Saturday night.

Courses of Action:
I. The government should ban the sale of knives in all major cities.
II. Any person seen carrying a knife should be immediately taken into police custody.
III. Policemen should be posted near all major tourist spots to avoid such untoward incidents.

A) Only course of action I follows B) Only course of action II follows
C) Both I and II follow D) Both II and III follow
 
Answer & Explanation Answer:

Explanation:

None of the courses of action follow. Banning the sale of knives just because one particular knife-wielding assailant went on a rampage makes no sense. Similarly, taking into police custody all those who are seen carrying knives is not something practical. Knives can be used for so many other purposes not involving the killing/harming of people. Finally, it is not a realistic expectation that posting policemen in all major tourist spots would reduce or altogether stop instances of such occurrences. Therefore, option E is the correct answer.

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Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry B) Reserve Bank of India
C) Treasury D) Currency Printing Presses
 
Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

Name the Real Madrid footballer who has been awarded the Globe Soccer Award for 'The Best Player of the Year 2017'.

 

A) Cristiano Ronaldo B) Gareth Bale
C) Sergio Ramos D) Karim Benzema
 
Answer & Explanation Answer: A) Cristiano Ronaldo

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which actress won the Kerala State Film Award for best actress in her debut film 'Anuraga Karikkin Vellam'?

A) Rajisha Vijayan B) Parvathy
C) Anna Reshma Rajan D) Nimisha Sajayan
 
Answer & Explanation Answer: A) Rajisha Vijayan

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which Indian origin actor was honoured with the 'Asian Game Changer Award-2017' by the Asia Society?

A) Aziz Ansari B) Dev Patel
C) John Browne D) Nemko Katyal
 
Answer & Explanation Answer: B) Dev Patel

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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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

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