Bank Exams Questions

Q:

Depreciation is a process of

A) Allocation B) Valuation
C) Both A & B D) Appropriation
 
Answer & Explanation Answer: A) Allocation

Explanation:

Depreciation is a process of cost allocation, not valuation. In accounting, the term depreciation refers to the allocation of cost of a tangible asset to expense to the periods in which the asset is expected to be used to obtain the economic benefit.

 

In brief, Depreciation is fall in the value of assets due to wear and tear over a period of time, it is a loss.

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Filed Under: Accounts Receivable
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Q:

Which of the following event organised to mark Diwali celebrations, has entered Guinness Book of World Records in 2018?

A) Ayodhya Deepostav B) HarHarGange Deepostav
C) Varanasi Deepostav D) Gange Deepostav
 
Answer & Explanation Answer: A) Ayodhya Deepostav

Explanation:

Ayodhya Deepostav event organised to mark Diwali celebrations in Ayodya town has entered Guinness Book of World Records in 2018.

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Filed Under: General Awareness
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Q:

Hub works on which layer?

A) Network layer B) Physical layer
C) Data link layer D) All of the above
 
Answer & Explanation Answer: B) Physical layer

Explanation:

Hub works on layer 1 i.e, physical layer.

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Q:

Here are some words translated from an artificial language.

briftamint means 'militant'
uftonel means 'occupied'
uftonalene means 'occupation'

Which word could mean "Occupant"?

A) elamint B) briftalene
C) uftonamint D) elbrifta
 
Answer & Explanation Answer: C) uftonamint

Explanation:

Brift means the root word mili; the suffix amint means the same as the English suffix –tant; the root word ufton– means occupy; el means the suffix –ied of occupied; and alene means the suffix –tion. (Because ufton means occupy, choices a, b, and d can be easily ruled out.)

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Q:

Statement: The Chairman stressed the need for making education system more flexible and regretted that the curriculum has not been revised in keeping with the pace of the changes taking place.
Course of action:
a. Curriculum should be reviewed and revised periodically.
b. System of education should be made more flexible.

A) Only a follows B) Only b follows
C) Both a & b follows D) Neither a nor b follows
 
Answer & Explanation Answer: C) Both a & b follows

Explanation:

Clearly, the situation demands making the education system more flexible and changing it periodically according to the needs of the time. So, both the courses follow.

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Q:

If demand curve for alphonso mangoes is D = 25000 ­ 70P and supply curve is S = 10000 + 80P, find the equilibrium quantity?

A) 18,000 units B) 2,000 units
C) 1,800 units D) 200 units
 
Answer & Explanation Answer: A) 18,000 units

Explanation:
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Filed Under: Physics
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Q:

Which author published 59 new books in 1955?

A) Mark Twain B) Ernest Hemingway
C) Enid Blyton D) Stephen King
 
Answer & Explanation Answer: C) Enid Blyton

Explanation:

Enid Mary Blyton was the English children's writer published 59 new books in 1955.

which_author_published_59_new_books_in_19551550229919.jpg image

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Q:

An atom that loses or gains electrons is called

A) Proton B) Ion
C) Isotope D) Neutron
 
Answer & Explanation Answer: B) Ion

Explanation:

An atom that loses or gains electrons is called as ion. Gaining of electron is negative charge and is called as Anion and lossing of eectron is called Cation.

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Filed Under: Chemistry
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