Questions

Q:

Cheque deposited but not cleared means

Answer

A Bank Reconciliation Statement is a statement prepared periodically by a customer to explain the divergence (difference) between the bank balance as per cash book and the bank balance as per Pass Book. It clearly shows the two differing balances and the outstanding items which causes the balances to disagree.


The objective of preparing such a statement is to know the causes of differences between the two balances and pass necessary correcting or adjusting entries in the books of the firm. But it is to be noted that some differences are automatically adjusted. For example - A cheque that has been sent for collection, but not yet collected, causes a difference between the balance as shown by the pass book and the balance as shown by the cash book, but no adjusting entry is required in the cash book for such a difference because, the bank will credit the firm’s account as soon as the cheque is collected.

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Subject: Finance Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1945
Q:

Out of the four alternatives, choose the one which can be substituted for the given words/sentences and click the button corresponding to it.

Regular users of places/restaurant etc.

A) Client B) Clientele
C) Often D) Usage
 
Answer & Explanation Answer: B) Clientele

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

1 1945
Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


To avoid the various foolish opinions to which mankind are prone, no superhuman brain is required. A few simple rules will keep you free, not from all errors, but from silly errors. If the matter is one that can be settled by observation, make the observation yourself. Aristotle could have avoided the mistake of thinking that women have fewer teeth than men, by the simple device of asking Mrs. Aristotle to keep her mouth open while he counted. Thinking that you know when in fact you do not is a bad mistake, to which we are all prone. I believe myself that hedgehogs eat black beetles, because I have been told that they do; but if I were writing a book on the habits of hedgehogs, I should not commit myself until I had seen one enjoying this diet. Aristotle, however, was less cautious. Ancient and medieval writers knew all about unicorns and salamanders; not one of them thought it necessary to avoid dogmatic statements about them because he had never seen one of them.

 

The author is in favour of drawing conclusions on the basis of

 

A) discussion B) consultation
C) observation D) reasoning
 
Answer & Explanation Answer: C) observation

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

0 1945
Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

PMT, OOS, NQR, MSQ, ?

A) LVR B) LVP
C) LWP D) LUP
 
Answer & Explanation Answer: D) LUP

Explanation:
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1 1944
Q:

Jnanpith Award is given for excellence in the field of

A) Peace B) Bravery
C) Literacy D) Sports
 
Answer & Explanation Answer: C) Literacy

Explanation:

Jnanpith Award is given for excellence in the field of Literacy. It is presented by the Bharatiya Jnanpith.

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Filed Under: Honours and Awards
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

4 1944
Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.


The Amazon basin has been continuously inhabited for at least 10, 000 years, possibly more. Its earliest inhabitants were stone-age peoples, living in hundreds of far-flung tribes, some tiny, others numbering in the tens of thousands. It was from the west that Europeans explorers first arrived. In 1541 a Spanish expedition from Quito, led by Gonzalo Pizarro, ran short of supplies while exploring east of the Andes in what is today Peru. Pizarro’s cousin Francisco de Orellana offered to take 60 men along with the boats from the expedition and forage for supplies. De Orellana floated down the Rio Napo to its confluence with the Amazon, near Iquitos (Peru), and then to the mouth of the Amazon. Along the way his expedition suffered numerous attacks by Indians; some of the Indian warriors, they reported, were female, like the Amazons of Greek mythology, and thus the world’s greatest river got its name. No one made a serious effort to claim this sweaty territory, however, until the Portuguese built a fort near the mouth of the river at Belém in 1616, and sent Pedro Teixeira up the river to Quito and back between 1637 and 1639. During the 17th and 18th centuries, Portuguese bandeirantes (groups of roaming adventurers) penetrated ever further into the rain forest in pursuit of gold and Indian slaves, exploring as far as present-day Rondônia, and the Guaporé and Madeira river valleys. Amazonian Indians had long used the sap from rubber trees to make waterproof bags and other items. European explorers recognized the potential value of natural latex, but were unable to market it because it tended to grow soft in the heat, or brittle in the cold, and thus had limited appeal outside the rain forest. However, in 1842 American Charles Goodyear developed vulcanization (made natural rubber durable) and in 1890 Ireland’s John Dunlop patented pneumatic rubber tires. Soon there was an unquenchable demand for rubber in the recently industrialized USA and Europe, and the price of rubber on international markets soared. As profits skyrocketed, so did exploitation of the seringueiros, or rubber tappers, who were lured into the Amazon, mostly from the drought-stricken northeast, by the promise of prosperity only to be locked into a cruel system of virtual slavery dominated by seringalistas (owners of rubber-bearing forests). Rigged scales, hired guns, widespread illiteracy among the rubber tappers, and monopoly of sales and purchases all combined to perpetuate the workers’ debt and misery. In addition, seringueiros had to contend with jungle fevers, Indian attacks and all manner of deprivation.


In which year did the fort was built by Portuguese near the river Belem?

A) 1541 B) 1637
C) 1616 D) 1639
 
Answer & Explanation Answer: C) 1616

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1944
Q:

Rate of change of displacement is known as ............

A) Acceleration B) Velocity
C) Speed D) Distance
 
Answer & Explanation Answer: B) Velocity

Explanation:
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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT

4 1944
Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the
same sentence in Passive/Active voice.


I saw the master conducting the orchestra.

A) I saw that the orchestra was being conducted by the master. B) I saw the orchestra being conducted by the master.
C) The master was seen conducting the orchestra by me. D) The master was conducting the orchestra and I saw that.
 
Answer & Explanation Answer: B) I saw the orchestra being conducted by the master.

Explanation:
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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT

2 1944