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Bank Exams Questions

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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:

Systems biology is mainly an attempt to

A) simplify complex problems by reducing the system into smaller, less complex units. B) understand the behavior of entire biological systems.
C) analyze genomes from different species. D) speed up the technological application of scientific knowledge.
 
Answer & Explanation Answer: B) understand the behavior of entire biological systems.

Explanation:

Systems biology is mainly an attempt to understand the behavior of entire biological systems by studying interactions among its component parts.

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

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Q:

What is an error in a program called

A) Power fail B) Crash
C) Virus D) Bug
 
Answer & Explanation Answer: D) Bug

Explanation:

In computer technology, a coding error in a computer program is called a bug.

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Filed Under: Computer
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer , Network Engineer , Project Manager

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Q:

Read the following question and decide which of the given arguments is/are strong.

 

Question : Should CBSE introduce the retention system till Class 10?

 

Argument 1 : The foundations laid in lower classes are important for higher education.


Argument 2 : It is boring for a student to repeat the same class again.

 

A) only arguments 2 is strong. B) Both arguments 1 and 2 are strong.
C) Neither arguments 1 nor 2 is strong D) only argument 1 is strong.
 
Answer & Explanation Answer: D) only argument 1 is strong.

Explanation:
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Filed Under: Statement and Arguments
Exam Prep: Bank Exams

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Q:

What is 7 + 7 ÷ 7 + 7 × 7 - 7 =

A) 0 B) 42
C) 50 D) 57
 
Answer & Explanation Answer: C) 50

Explanation:

Given 7 + 7/7 + 7 x 7 - 7

By using BODMAS rule,

7 + 1 + 7 x 7 - 7

= 8 + 49 - 7

= 57 - 7

= 50.

 

Hence 7 + 7/7 + 7 x 7 - 7 = 50.

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Filed Under: Mathematical Operations
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

In ∆PQR, straight line parallel to the base QR cuts PQ at X and PR at Y. If PX:XQ = 5:6, then the XY:QR will be

A) 5:11 B) 6:5
C) 11:6 D) 11:5
 
Answer & Explanation Answer: A) 5:11

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams
Job Role: Bank Clerk

1 3216
Q:

What handles can you not hold in your hand?

What handles can you not hold in your hand?

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Subject: Computer Exam Prep: Bank Exams

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Q:

The act of formally approving something is known as

A) Ratification B) Delegation
C) Arbitration D) Representation
 
Answer & Explanation Answer: A) Ratification

Explanation:

The act of formally approving something is known as Ratification.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

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