Questions

Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

 

encouraged in a ______________ environment.

 

A) capitalistic B) capitalism
C) capital D) capitalisation
 
Answer & Explanation Answer: A) capitalistic

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Management accountants would not

A) prepare reports primarily for external users. B) be concerned with the impact of cost and volume on profits
C) assist in budget planning. D) determine cost behavior.
 
Answer & Explanation Answer: A) prepare reports primarily for external users.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following represents the pair of sex chromosomes in women?

A) XY B) XX
C) YY D) None of these
 
Answer & Explanation Answer: B) XX

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?

A) Rs. 2.5 lakhs B) Rs. 3 lakhs
C) Rs. 1.5 lakhs D) Rs. 4 lakhs
 
Answer & Explanation Answer: A) Rs. 2.5 lakhs

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is cash budget ?

Answer

Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.

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Subject: Accounting and Finance Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

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Q:

In which language was 'Baburama', the Memoirs of Babur, composed?

A) Pashto B) Kurdish
C) Urdu D) Turkish
 
Answer & Explanation Answer: D) Turkish

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

If percentage of profit made,when an article is sold for Rs.78, is twice as when it is sold for Rs.69, the cost price of the article is

A) Rs. 49 B) Rs. 51
C) Rs. 57 D) Rs. 60
 
Answer & Explanation Answer: D) Rs. 60

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