Bank PO Questions

India switched from the rupee, pie system to decimal currency on 1 April 1957. The decimalisation of currencies is the process of converting each country's currency from its previous non-decimal denominations to a decimal system, with one basic unit of currency and one or more sub-units, such that the number of sub-units in one basic unit is a power of 10, most commonly 100).

In India, Pakistan, and other places where a system of 1 rupee = 16 annas = 64 paise = 192 pies was used, the decimalisation process defines 1 naya paisa = ​1⁄100 rupee.

Let avg ages of 5 members at present is G

And age of new member is m and an older is n

Required = (5G + m - n)/5 = G - 3

m - n = 15 years

A person who believes in fate is called as Fatalist or also called as Determinist or Predestinarianist.

In computer technology, a coding error in a computer program is called a bug.

The Debit balance recovery is usually made by raising a credit memo for the regular vendors. However if there are no future transactions from the supplier, we ask the vendor to send the check / make an EFT for the amount due from him. When payment is made to the wrong vendor or payment made in excess, in that case overpayment has gone to the vendor, so for us it is vendor debit balance. For debit balance recovery, we can either follow- up with the vendor to send us the excess amount / refund back, or we can adjust that extra amount in future invoices submitted by that vendor. In case no future transactions, we have to follow-up with the vendor, failing which we have to write off this amount.