Bank Exams 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:

India's largest digital bank _____________ is the only bank providing zero balance accounts and zero charges on digital transactions.

A) Paytm Payments Bank B) India Post Payments Bank
C) Airtel Payments Bank D) All the above
 
Answer & Explanation Answer: A) Paytm Payments Bank

Explanation:

Paytm Payments Bank is the India's largest digital bank providing zero balance accounts and zero charges on digital transactions.

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

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Q:

Sponges are most accurately described as

A) marine predators B) chemoautrophs
C) filter feeders D) freshwater scavengers
 
Answer & Explanation Answer: C) filter feeders

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Crack the relationship puzzle?

blood_relation_puzzle1562232420.jpg image

A) Sister B) Mother
C) Grand Mother D) Sister-in-law
 
Answer & Explanation Answer: C) Grand Mother

Explanation:

From drawing the relationships given above,

Sana is Grand mother of Sony.

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Filed Under: Blood Relations
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

59 3159
Q:

What is name of capital of MARSHALL ISLANDS ?

A) Tunis B) Accra
C) Tripoli D) Majuro
 
Answer & Explanation Answer: B) Accra

Explanation:
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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

4 3158
Q:

The process of conversion of sugar to alcohol is called

A) Moulding B) Infection
C) Fermentation D) Alcohol fixation
 
Answer & Explanation Answer: C) Fermentation

Explanation:

The process of conversion of sugar to alcohol is called Fermentation in which sugar is coverted to alcohol with the help of yeast.

yeasts11551269935.png image

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

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Q:

Microbial Type Culture Collection Centre is situated at

A) Chandigarh B) New Delhi
C) Hyderabad D) Bangalore
 
Answer & Explanation Answer: A) Chandigarh

Explanation:
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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

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Q:

A drum contains 80 litres of ethanol. 20 litres of this liquid is removed and replaced with water. 20 litres of this mixture is again removed and replaced with water. How much water (in litres) is present in this drum now?

A) 45 B) 40
C) 35 D) 44
 
Answer & Explanation Answer: C) 35

Explanation:
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Filed Under: Alligation or Mixture
Exam Prep: Bank Exams

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