Bank PO Questions

India’s space agency on Feb 15th, 2017 launched a record 104 satellites from a single rocket as it crossed another milestone in its low-cost space-exploration program. The satellites from seven countries were carried by the Indian Space Research Organization’s Polar Satellite Launch Vehicle on its 38th consecutive successful flight. On board was a 714kg satellite for earth observation and more than 100 smaller satellites weighing less than 10kg each. Three were Indian-owned, 96 were from US companies, and the rest belonged to companies based in Israel, Kazakhstan, the Netherlands, Switzerland and the United Arab Emirates. Most were owned by Planet Labs Inc, a US-based Earth-imaging company. 

The comma ( , ) is a punctuation mark in English which is most frequently used.

It is perhaps also the most abused and misused punctuation mark among all.

Stalk means the main stem of a herbaceous plant.

Synonyms for Stalk are - Shoot, trunk, cane, bent, reed, straw, bine, stock,...

Oxygen in our blood is transported by a protein named Haemoglobin.

Galloping inflation is also known as jumping inflation.

It refers to a type of inflation that occurs when the prices of goods and services increase at the two-digit or three-digit rate per annum.

Golden rules of accounting convert complex book-keeping rules into a set of well defined principles which can be easily studied and applied.

Real accounts involve machinery, land and building etc... Similarly when you credit what goes out, you are reducing the account balance when a tangible asset goes out of the organization. Debit All Expenses And Losses, Credit All Incomes And Gains. This rule is applied when the account in question is a nominal account.

Personal-Account

---Debit the receiver

---Credit the Giver

Real-Account

---Debit what comes in

---Credit what goes out

Nominal-Account

---Debit all expenses and losses

---Credit all income and gains