CAT Questions

Q:

What is the Debit Balance recovery? How we can recover if we won’t have any future transactions from supplier ?

Answer

The Debit balance recovery is usually made by raising a credit memo for the regular vendors. However if there are no future transactions from the supplier, we ask the vendor to send the check / make an EFT for the amount due from him. When payment is made to the wrong vendor or payment made in excess, in that case overpayment has gone to the vendor, so for us it is vendor debit balance. For debit balance recovery, we can either follow- up with the vendor to send us the excess amount / refund back, or we can adjust that extra amount in future invoices submitted by that vendor. In case no future transactions, we have to follow-up with the vendor, failing which we have to write off this amount. 

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Subject: Accounts Payable Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

A student's average marks in five subjects is 82. If the average marks of first two subject is 86.5 and the average marks of last two subjects is 84. Find the marks of third subject?

A) 69 B) 67
C) 71 D) 73
 
Answer & Explanation Answer: A) 69

Explanation:

The total marks of all 5 subjects = 82 x 5 = 410

Total marks of 1st two subjects = 86.5 x 2 = 173

Total marks of last two subjects = 84 x 2 = 168

Now, marks in 3rd subject = 410 - (173 + 168) = 410 - 341 = 69.

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Filed Under: Average
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Q:

Which among the following is NOT a function of RBI? 

A) Serve as debt manager to other banks B) To work as monetary authority and implement its Monetary Policy
C) Serve as banker to central and state governments D) To serve as issuer of bank notes
 
Answer & Explanation Answer: A) Serve as debt manager to other banks

Explanation:

Serve as debt manager to other banks is not a function of RBI Bank.

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Filed Under: Indian Economy
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Q:

Conductivity in a metal results from the metal atoms having

A) highly mobile electrons in the valence shell B) high electronegativity
C) high ionization energy D) highly mobile protons in the nucleus
 
Answer & Explanation Answer: A) highly mobile electrons in the valence shell

Explanation:

The outer most electrons that are free to move are called valency electrons that are responsible for the conductivity in the metal atoms.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

1000, 1012, 988, 1024, 978 Odd man out?

A) 978 B) 1024
C) 988 D) 1012
 
Answer & Explanation Answer: A) 978

Explanation:

The given series is 1000, 1012, 988, 1024, 978

1000

1000 + 12 = 1012

1012 - 24 = 988

988 + 36 = 1024

1024 - 48 = 976 (Not 978)

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Filed Under: Odd Man Out
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Q:

Which key is used for the last action?

A) Ctrl + D B) Alt + Z
C) Ctrl + Z D) Alt + D
 
Answer & Explanation Answer: C) Ctrl + Z

Explanation:

For undo the action or last action [Ctrl + Z] is used.

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Q:

What is the product of a number and its reciprocal?

A) 0 B) 1
C) -ve of the number D) the number itself
 
Answer & Explanation Answer: B) 1

Explanation:

The product of a number and its reciprocal is always equals to 1.

 

For Example : Let the number be 4.

Now, its reciprocal is 1/4

Hence, required product = 4 x 1/4 = 1.

 

Now, take the number as -15.

Then its reciprocal is -1/15

Required product = -15 x -1/15 = 1.

 

Hence, the product of a number and its reciprocal is 1.

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Filed Under: Arithmetical Reasoning
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Q:

Kargil Fight held in

A) 1979 B) 1989
C) 1999 D) 1969
 
Answer & Explanation Answer: C) 1999

Explanation:

The Kargil War, also known as the Kargil conflict, was an armed conflict between India and Pakistan that took place between May and July 1999 in the Kargil district of Kashmir and elsewhere along the Line of Control (LOC). In India, the conflict is also referred to as Operation Vijay.

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Filed Under: Indian History
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