Exams


Q:

Which of the following best describes Accounting?

A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business B) is used only for filling out tax returns and for financial statements for various types of governmental reporting requirements
C) records economic data but does not communicate the data to users according to any specific rules D) is of no use by individuals outside of the business
 
Answer & Explanation Answer: A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business

Explanation:

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. 

Which_of_the_following_best_describes_Accounting1537425183.gif image

Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. 

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Filed Under: Bank Interview
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0 4817
Q:

The price of a car is increased by 25%, by how much percent, must the new price of this car be decreased to restore its original price ?

A) 20% B) 24%
C) 21% D) 25%
 
Answer & Explanation Answer: A) 20%

Explanation:

Suppose that the original price of the car = Rs. x 

Then new price of the car

=> (x) + (×25/100) Rs. 5x/

To restore the original price, the new price must be decreased by

5x/− x/4

So required percentage =(x/4)/(5x/4) × 100%

= 20%

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Filed Under: Percentage
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7 4816
Q:

In which of the following state Bandipur National Park is located?

A) Karnataka B) Andhra Pradesh
C) Himachal Pradesh D) Madhya Pradesh
 
Answer & Explanation Answer: A) Karnataka

Explanation:

Bandipur National Park is located in the state of Karnataka.

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Filed Under: Indian Geography
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7 4815
Q:

In how many ways the word 'SCOOTY' can be arranged such that 'S' and 'Y' are always at two ends?

A) 720 B) 360
C) 120 D) 24
 
Answer & Explanation Answer: D) 24

Explanation:

Given word is SCOOTY

ATQ,

Except S & Y number of letters are 4(C 2O's T)

Hence, required number of arrangements = 4!/2! x 2! = 4!

= 4 x 3 x 2

= 24 ways.

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Filed Under: Permutations and Combinations
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6 4815
Q:

Mahaparinirvana Temple is located at ______.

A) Bodh Gaya B) Shravasti
C) Sarnath D) Kushinagar
 
Answer & Explanation Answer: D) Kushinagar

Explanation:
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Filed Under: Indian Geography
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17 4814
Q:

Count the number of cubes in the given figure.

A) 45 B) 46
C) 48 D) 49
 
Answer & Explanation Answer: B) 46

Explanation:

In the figure, there are 21 columns containing 2 cubes each and 4 columns containing 1 cube each. 

Total number of cubes = (21 x 2) + (4 x 1) = 42 + 4 = 46.

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Filed Under: Cubes and Dice
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19 4814
Q:

Which IIT institute has developed ‘soil-to-soil’ technology to manufacture cheaper, quicker and pollution-free bio fuel  ?

A) IIT, Kolkata B) IIT, Kharagpur
C) IIT, Delhi D) IIT, Bombay
 
Answer & Explanation Answer: B) IIT, Kharagpur

Explanation:

The researchers at IIT Kharagpur have developed a new technology to manufacture cheaper, quicker and pollution-free bio-fuel. The ‘soil-to-soil’ manufacturing technology developed at the P K Sinha Centre for bio-energy at IIT-KGP is in the process of being patented. The technique will ensure relatively quicker production of bio-fuel and the process is completely green. The green leafy part of corn and sugarcane plants, the waste part of paddy straw, bamboo, banana plant, pineapple and cotton plants, kans grass (kassh phool), castor plant and even non-edible weeds that grow in dry and waste land and a mix of all has been used by IIT-KGP to produce bio fuel. The project is funded by the Ministry of Petroleum and Natural Gas, Department of Science and Technology and the Ministry of Human Resource Development.

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Filed Under: General Awareness
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3 4811
Q:

What stays where it is when it goes off?

A) An Alarm B) A T.V
C) A light switch D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

All the above will stay where they are when they goes off. Basically anything that can swithch on or off will come under this.

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Filed Under: Logic Puzzles
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