Bank Clerk Questions

A dissecting aortic aneurysm occurs when the inner layers of the aorta become separated.

After 200 years of long British rule, India got independence in 1947. India was then divided into two muslim majority Pakistan and Hindu majority India.

RNA polymerase attach to DNA molecule.

Every year November 16th is observed as National Press Day all over India.

Neeraj Chopra is associated with the Sports of Javelin throw. Indian, Neeraj Chopra won a gold medal in the Savo Games in Lapinlahti, Finland. He made a throw of 85.69 metres and won the gold medal.

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.

Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.

The objectives & purposes of financial reporting :–

* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.

* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.

* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.

* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.

* Providing information as to how an organization is procuring & using various resources.

* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.

* Providing information to the statutory auditors which in turn facilitates audit.

* Enhancing social welfare by looking into the interest of employees, trade union & Government.

The Homestead Strike was when, in 1892, Andrew Carnegie reduced wages at his steel mills in Homestead, Pennsylvania and the union workers refused to accept the cut. The company locked out the union workers and hired nonunion labor and 300 armed guards. The locked out workers gathered weapons and , on July 6, a battle broke out killing ten people.

Photosynthesis is the process that converts solar energy into chemical energy. During the stage of light-dependent reactions involving photosystems I and II in photosynthesis, O2 produced.