Bank Exams Questions

Q:

A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?

A) Rs. 40,000 B) Rs. 45,000
C) Rs. 42,000 D) Rs. 46,000
 
Answer & Explanation Answer: A) Rs. 40,000

Explanation:

Let his present earnings be Rs. p

ATQ,

(125/100) x (96/100) x (125/100) x (96/100) x (125/100) x p = 72000

p = Rs. 40,000.

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Filed Under: Percentage
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27 4636
Q:

What type of account is accounts receivable?

A) Asset B) Liability
C) Expense D) Equity
 
Answer & Explanation Answer: A) Asset

Explanation:

Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than one year as it is the amount owed by the customer to the seller.

 

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Filed Under: Accounts Receivable
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0 1301
Q:

The size of gear is usually specified by

A) pitch circle diameter B) diametral pitch
C) pressure angle D) circular pitch
 
Answer & Explanation Answer: A) pitch circle diameter

Explanation:

The size of gear is usually specified by pitch circle diameter.

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Filed Under: Physics
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0 1921
Q:

Exerts a force on anything that has an electric charge

A) Electric field B) Electrostatic force
C) Inductive field D) All of the above
 
Answer & Explanation Answer: A) Electric field

Explanation:
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Filed Under: Physics
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4 1371
Q:

Arrange the following compounds in order of increasing acidity?

A) o-cresol < phenol < o-nitrophtenol B) phenol < o-nitrophtenol < o-cresol
C) o-nitrophtenol < o-cresol < phenol D) None of the above
 
Answer & Explanation Answer: A) o-cresol < phenol < o-nitrophtenol

Explanation:
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Filed Under: Chemistry
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0 1283
Q:

What is the function of chloroplast in a plant cell?

A) absorb nutrients from soil B) absorb water
C) absorb sunlight D) All of the above
 
Answer & Explanation Answer: C) absorb sunlight

Explanation:

Chloroplasts are organelles found in plant cells and eukaryotic algae that conduct photosynthesis. Chloroplasts absorb sunlight and use it in conjunction with water and carbon dioxide gas to produce food for the plant.

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Filed Under: Biology
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1 1136
Q:

Tashkent Agreement was signed on

A) 11 Jan B) 10 Jan
C) 12 Jan D) 9 Jan
 
Answer & Explanation Answer: B) 10 Jan

Explanation:

Tashkent Agreement was signed by India’s Prime Minister Lal Bahadur Shastri & Pakistan’s President Ayub Khan on 10 January in 1966 that resolved the Indo-Pak War of 1965. Shastri died in Tashkent, the day after signing the Tashkent Declaration.

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Filed Under: Indian History
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5 1252
Q:

when a purchase on account is made the invoice becomes

A) debt B) credit
C) both A & B D) None of the above
 
Answer & Explanation Answer: A) debt

Explanation:
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Filed Under: Accounts Receivable
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0 1384