Bank PO Questions


Q:

Which of the following describes loyalists?

A) They thought Patriots were too radical B) They decided to fight against the British
C) They wanted to return to Britain D) They supported British taxation
 
Answer & Explanation Answer: A) They thought Patriots were too radical

Explanation:

They thought Patriots were too radical is the statement which describes loyalists correctly.

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Filed Under: Indian History
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Q:

Corporation Tax is imposed by

A) Central Government B) State Government
C) Local Government D) None
 
Answer & Explanation Answer: A) Central Government

Explanation:

Corporation tax is a tax imposed on the net income of the company. Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax.

Taxes in India are levied by the Central Government and the state governments. Some minor taxes are also levied by the local authorities such as the Municipality. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Central and the State.

 

Hence, Corporate Tax is imposed by Central Government.

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Filed Under: General Awareness
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Q:

The Study of Blood is called as

Answer

The Study of Blood is called as Hematology which involves treating diseases that affect the production of blood and its components, such as bloodcells, hemoglobin, blood proteins, bone marrow, platelets, blood vessels, spleen, and the mechanism of coagulation.

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Subject: General Science Exam Prep: CAT , Bank Exams , AIEEE
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Q:

What is 'Three-Way Match' refers in Acconting ?

Answer

In accounting, the Three-way Match refers to a procedure used when processing an invoice received from a vendor or supplier. The three-way match is an important step in safeguarding an organization's assets. The purpose of the three-way match is to avoid paying incorrect and perhaps fraudulent invoices.


Here Three-way refers to the three documents involved :


* Vendor's invoice which was received and will become part of an organization's accounts        payable if approved.


* Purchase order that was prepared by the organization.


* Receiving report that was prepared by the organization.


And Match refers to the comparison of the quantities, price per unit, terms, etc. appearing on the vendor's invoice to the information on the purchase order and to the quantities actually received.


After the vendor's invoice has been validated by the three-way match, it can be further processed for payment.

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Subject: Accounts Payable Exam Prep: Bank Exams , CAT
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Q:

Which article of the Indian Constitution deals with the creation of All India Services?

A) 315 B) 313
C) 312 D) 311
 
Answer & Explanation Answer: C) 312

Explanation:

312-Article of the Indian Constitution deals with the creation of All India Services.

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Filed Under: Indian Politics
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2 3154
Q:

A bottle is sold at a loss of 9%. Had it sold for Rs. 15 more, a profit of 25/2% would have gained. What is the cost price of the bottle (approx)?

A) Rs. 32 B) Rs. 35
C) Rs. 36 D) Rs. 33
 
Answer & Explanation Answer: B) Rs. 35

Explanation:

Let the cost price of the bottle = Rs. 100

Selling price of the bottle = Rs. 100 - Rs. 9 = Rs. 91

Then, from the given data,

=> 112 (1/2) - 91 = 15

=> 21 (1/2) = 15

=> 43 = 15

Then 100 = ?

1500/43 = 34.885 =~ 35

Hence, the cost price of the bottle = Rs. 35

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Filed Under: Profit and Loss
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Q:

Which best describes the meaning of the term theorem?

A) A conclusion proved by deductive reasoning B) A statement explaining the meaning of a geometric term
C) A conjecture based on inductive reasoning D) A statement that is accepted as true without proof
 
Answer & Explanation Answer: A) A conclusion proved by deductive reasoning

Explanation:
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Filed Under: English
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Q:

Which of the following elements is a metalloid?

A) arsenic B) boron
C) antimony D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

A metalloid is any chemical element which has properties in between those of metals and nonmetals, or that has a mixture of them.

The six commonly recognised metalloids are

boron,

silicon,

germanium,

arsenic,

antimony, and

tellurium.

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Filed Under: Chemistry
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