Bank PO Questions

In olympics 2012, no gold medal for India. India won total 6 medals, 2 silver and 4 bronze in 2012.

The new Attorney General of the United States is William Barr from 2019.

Accounts-receivable financing is a type of asset-financing arrangement in which a company uses its receivables — outstanding invoices or money owed by customers — to receive financing.

when a business sells its AR (accounts receivable) to a factoring company and receives short-term business funding in return, this is what called as Accounts Receivable Financing.

How it works ::

Business-to-business sales are often offered with payment terms of 30, 60 or 90 days.

The buyer receives the product, but doesn't submit payment until the mutually agreed-upon date.

The seller records the sale as revenues and increases the accounts receivable by the amount of the sale.

When the payment arrives, the seller decreases the accounts receivable and increases cash.

Accounts receivable financing allows the seller to get the cash immediately by selling the receivable to a third party. This is called factoring.

Research designed to evaluate theories is called the scientific method.

In economics we study that, if the price of a good increases the demand in its quantity decreases or the demand for its complimentary good increases.

For example, if the rice of a good increased by 5%, the demand in its quantity decreases by 10% approximately.

SPICE (Simulation Program with Integrated Circuit Emphasis) was introduced in May 1972 by the University of Berkeley, California.

Ajay Thakur was a kabaddi player who belongs to Nalagarh from Himachal Pradesh. He represented Bengaluru bulls for two years in Pro kabaddi and presently he is representing Puneri Paltan in 2018. He is the top 5 raiders from Indian Kabaddi.

Mumbai Indians won the IPL (Indian Premier League) 2019 title. They won this title for the fourth time in the 12 years. They have won this against CSK in the final at hyderabad.