Bank PO Questions

The Business Entity concept is also called as Separate Entity or Economic Entity concept. This concept states that the transactions and all the balances related or associated with a business must be recorded or accounted separately from other businesses or the individual personal transactions.

The Berlin conference in 1884 was significant because it created rules on how European nations want to colonize Africa.

Capitalism is an economic system in which private individuals or businesses own capital goods i.e, economy is characterized by private ownership of the means of production. The production of goods and services is based on supply and demand in the general market known as a market economy and not on central planning known as a planned economy.

Judaism is one of the oldest monotheistic religions and was founded over 3500 years ago in the Middle East.

Jews believe that God appointed the Jews to be his chosen people in order to set an example of holiness and ethical behaviour to the world.