Bank Clerk Questions


Q:

Bad debt expense is reported on the income statement as

Answer

Bad debts expense often refers to the loss that a company experiences because it sold goods or provided services and did not require immediate payment. The loss occurs when the customer does not pay the amount owed. In other words, bad debts expense is related to a company's current asset accounts receivable.


 


You have already recorded the Rs. 100 in your accounts receivable, and you need to eliminate that amount. As you use double-entry accounting, you must record a Rs. 100 credit to your accounts receivable and a Rs. 100 debit to your allowance for doubtful accounts or your bad debts expense column.

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

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Q:

Employment in agriculture comes under

A) organised sector B) service sector
C) unorganised sector D) semi organised sector
 
Answer & Explanation Answer: B) service sector

Explanation:
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The term market in economics refers to

Answer

The term market in economics refers to the place or arrangement where the buyers and sellers come to contact directly or indirectly for buying and selling goods. Market refers to not a specific or particular place it is the place for commodities..


The_term_market_in_economics_refers_to1559201392.jpg image

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

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Q:

Which of the following is not an autoimmune disease?

A) Vitiligo B) Alzheimer's
C) Rheumatoid arthritis D) Psoriasis
 
Answer & Explanation Answer: B) Alzheimer's

Explanation:

Auto-immune disease :: Sometimes, due to genetic and other unknown reasons, the body attack self-cells. This results in damage to the body and is called auto-immune disease.

 

From the options,

-> Rheumatoid arthritis is an autoimmune disorder in which antibodies are produced against the synovial membrane and cartilage.

-> Vitiligo causes white patches on skin also characterised as autoimmune disorder.

-> Psoriasis is a skin disease that causes itchy or sore patches of thick red skin and is also autoimmune.

-> Alzheimer's disease is a chronic neurodegenerative disease. Alzheimer's disease is due to deficiency of neurotransmitter acetylcholine.

 

Hence, Alzheimer's is not the auto-immune disease.

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

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Q:

What is the name of the God of Cricket Sachin Tendulkar's Autobiography?

A) Playing It My Way B) The Nice Guy Who Finished First
C) The Test of My Life D) Straight From The Heart
 
Answer & Explanation Answer: A) Playing It My Way

Explanation:

Playing It My Way is the name of the God of Cricket Sachin Tendulkar's Autobiography.

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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Anti Terrorism Day is observed in India on May 21 to commemorate the death of

A) Mahatma Gandhi B) Rajiv Gandhi
C) Nethaji D) Potti Sri Ramulu
 
Answer & Explanation Answer: B) Rajiv Gandhi

Explanation:

On May 21st, India observes Anti Terrorism Day every year to commemorate the death anniversary of India's Youngest Prime Minister Rajiv Gandhi.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The vitamin D deficiency disease in adults is known as

A) Hypovitaminosis D B) Avitaminosis
C) Scorbutus D) Petechiae
 
Answer & Explanation Answer: A) Hypovitaminosis D

Explanation:

Vitamin D also known as Sunshine vitamin is produced in the body when our skin is exposed to sunlight. Its deficiency leads to a disease in which bone tissue doesn't properly mineralize leading to soft bones. The vitamin D deficiency disease in adults is known as Hypovitaminosis D.

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

3 1611
Q:

Which event best illustrates the war on terrorism?

A) the attack on the Pentagon B) the attack on the World Trade Center
C) Both A & B D) the bombing of the Marine barracks and the attack on the Achille Lauro
 
Answer & Explanation Answer: C) Both A & B

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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