Bank Clerk Questions


Q:

Which standard govern parallel communications?

A) CAT 5 B) RS232
C) RS-232a D) IEEE 1284
 
Answer & Explanation Answer: D) IEEE 1284

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Network Administration
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

0 1758
Q:

The unit for measuring electric power is the

A) Steridian B) Watts
C) Watts D) Volts
 
Answer & Explanation Answer: C) Watts

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1758
Q:

What is the objective of Financial Reporting?

Answer

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.

Report Error

View answer Workspace Report Error Discuss

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

0 1758
Q:

Laterite soils contain high amounts of

A) Calcium carbonate B) Silicates
C) Calcites D) Iron oxide
 
Answer & Explanation Answer: D) Iron oxide

Explanation:

Laterite soils are a tropical soil and possess a great amount of iron and aluminum. Due to its high iron oxide content they look like rusty-red coloration.

Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 1757
Q:

The marked price of an article is 10/7 of the cost price and the selling price of that article is 4/5 of the marked price. What is the profit percentage?

A) 17.24 B) 16.66
C) 14.28 D) 15.42
 
Answer & Explanation Answer: C) 14.28

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

2 1756
Q:

Shampooing is which country's concept?

A) Germany B) China
C) India D) Japan
 
Answer & Explanation Answer: C) India

Explanation:

Shampooing is an Indian concept.

Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1756
Q:

Which bank introduced Repo Rate linked home loan recently?

A) SBI B) HDFC
C) Axis D) ICICI
 
Answer & Explanation Answer: A) SBI

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1755
Q:

Molten rock inside the earth is called

A) Mantle B) Core
C) Magma D) Lava
 
Answer & Explanation Answer: C) Magma

Explanation:

Molten rock inside the earth is called Magma.

Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 1755