Questions

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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Q:

Who among the following became the first tourist to space by spending $20 million for 8 days in orbit?

A) Greg Olsen B) Charles Simonyi
C) Dennis Tito D) Mark Shuttleworth
 
Answer & Explanation Answer: C) Dennis Tito

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Don't count your chickens before the eggs have hatched

 

A) Counting your wealth repeatedly does not increase it.   B) You should not make plans that depend on something good happening before you know that it has actually happened.  
C) Chicken and egg is an infinite cycle, you can count this cycle endlessly. D) Eggs will not hatch unless you cease the counting process
 
Answer & Explanation Answer: B) You should not make plans that depend on something good happening before you know that it has actually happened.  

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Filed Under: English
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

 

be it the citizens __________ the country

 

A) from B) for
C) off D) of
 
Answer & Explanation Answer: D) of

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Filed Under: English
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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Filed Under: Indian Economy
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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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Filed Under: Indian Economy
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Q:

Sambalpur is located in 

A) Odisha B) Uttarachand
C) Bihar D) West Bengal
 
Answer & Explanation Answer: A) Odisha

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Filed Under: Indian Geography
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Q:

In which state is Koyna dam located?

A) Madhya Pradesh B) Rajasthan
C) Maharashtra D) Gujarat
 
Answer & Explanation Answer: C) Maharashtra

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