Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry	B) Reserve Bank of India
C) Treasury	D) Currency Printing Presses

Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
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

2 953

Q:

Who of the following founded the Vikramashila University?

A) Devapala I	B) Dharmpala
C) Gopala	D) Devapala II

Answer & Explanation Answer: B) Dharmpala

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Cholesterol is synthesized by the body mainly in the

A) small intestine	B) liver
C) large intestine	D) abdomen

Answer & Explanation Answer: B) liver

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

If demand curve for renting a car is D = 90000 - 23P and supply curve is S = 9000 + 7P, find the equilibrium Price?

A) Rs 1800	B) Rs 900
C) Rs 3600	D) Rs 2700

Answer & Explanation Answer: D) Rs 2700

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

n the following question, sentence given with blank is to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

The unruly behaviour of the parliamentarians _____________ the speaker.

A) incensed	B) estranged
C) enflamed	D) disparaged

Answer & Explanation Answer: A) incensed

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who appears on behalf of the Government of India in all cases in the Supreme Court in which Government of India is concerned?

A) Comptroller and Auditor General of India	B) Advocate General of State
C) Attorney General of India	D) Chief Election Commissioner of India

Answer & Explanation Answer: C) Attorney General of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In Indian parliamentary system, the leader of the largest opposition party having not less than _______ seats of total strength of the house is recognized as the leader of the opposition in that House.

A) 1/10 th	B) 1/9 th
C) 1/8 th	D) 1/7 th

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