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Q:

Cheque deposited but not cleared means

Answer

A Bank Reconciliation Statement is a statement prepared periodically by a customer to explain the divergence (difference) between the bank balance as per cash book and the bank balance as per Pass Book. It clearly shows the two differing balances and the outstanding items which causes the balances to disagree.


The objective of preparing such a statement is to know the causes of differences between the two balances and pass necessary correcting or adjusting entries in the books of the firm. But it is to be noted that some differences are automatically adjusted. For example - A cheque that has been sent for collection, but not yet collected, causes a difference between the balance as shown by the pass book and the balance as shown by the cash book, but no adjusting entry is required in the cash book for such a difference because, the bank will credit the firm’s account as soon as the cheque is collected.

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Subject: Finance Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1923
Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

 

But for one witness the accused ought to have been sent to jail.

A) would have B) had
C) should have D) No improvement
 
Answer & Explanation Answer: A) would have

Explanation:

‘ought’ represents advice, ‘would’ represents strong possibility of an event here. ‘would have’ will be the correct grammatical expression here. The sentence expresses that the accused was not sent to jail because of one witness.

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Filed Under: English
Exam Prep: Bank Exams

0 1922
Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

I was _____________ paying the toll tax.

A)  free from B) exonerated from
C) exempted from D)  exposed to
 
Answer & Explanation Answer: C) exempted from

Explanation:
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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

0 1921
Q:

Which of the following has the highest boiling point?

A) 2,3-dimethylbutane B) 2-methylpentane
C) 2,2-dimethylbutane D) 1,2-methylpentane
 
Answer & Explanation Answer: C) 2,2-dimethylbutane

Explanation:

Due to the molecules present in the 2,2-dimethylbutane are closely packed, it has the highest boiling point.

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Filed Under: Chemistry
Exam Prep: AIEEE , CAT
Job Role: Analyst

1 1921
Q:

Match List-I with List-II and select the correct answer using the code given below the Lists :

A) ABCD - 4 3 2 1 B) ABCD - 4 2 3 1
C) ABCD - 1 2 3 4 D) ABCD - 1 3 2 4
 
Answer & Explanation Answer: A) ABCD - 4 3 2 1

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 1921
Q:

Out of the four alternatives, choose the one which can be substituted for the given words/sentences and click the button corresponding to it.

Regular users of places/restaurant etc.

A) Client B) Clientele
C) Often D) Usage
 
Answer & Explanation Answer: B) Clientele

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

1 1920
Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
Phobia of dogs

A) Orophobia B) Cynophobia
C) Vatrachophobia D) Phemophobia
 
Answer & Explanation Answer: B) Cynophobia

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1920
Q:

Which of the following is true of annelids?

A) They have an open circulatory system B) They have a nerve net
C) They perform gas exchange across their skin D) They have pseudocoeloms
 
Answer & Explanation Answer: C) They perform gas exchange across their skin

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

2 1920