Q:

To buy goods on credit means to

A) promise to pay for goods later.	B) pay only a discount price.
C) promise to pay only a sale price.	D) pay cash for goods.

Answer & Explanation Answer: A) promise to pay for goods later.

Explanation:

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 6588

Q:

According to ohm's law, which of the following is true?

A) The current flowing through a wire is directly proportional to the Potential Difference applied across its ends	B) The current flowing through a wire is directly proportional to its resistance
C) The current flowing through a wire is indirectly proportional to its length	D) The current flowing through the wire is indirectly proportional to the Potential Difference applied across its ends

Answer & Explanation Answer: A) The current flowing through a wire is directly proportional to the Potential Difference applied across its ends

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Exogenic forces are connected with

A) Plucking action	B) Volcanic action
C) Lithosperic	D) Atmospheric

Answer & Explanation Answer: D) Atmospheric

Explanation:

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Filed Under: World Geography

8 6587

Q:

Jalal-ud-din Muhammad Akbar was proclaimed Emperor in

A) 1556 AD	B) 1557 AD
C) 1558 AD	D) 1560 AD

Answer & Explanation Answer: A) 1556 AD

Explanation:

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Filed Under: Indian History

9 6587

Q:

The East India Company had taken Bombay from?

A) The Dutch	B) Charles I
C) Charles II	D) The Portuguese

Answer & Explanation Answer: C) Charles II

Explanation:

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Filed Under: Indian History

19 6584

Q:

Phycology is the branch of botany in which we study about

A) Algae	B) Fungi
C) Ecology	D) Virus

Answer & Explanation Answer: A) Algae

Explanation:

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Filed Under: Biology

27 6576

Q:

A computer assisted method for the recording and analyzing of existing or hypothetical systems is

A) Data transmission	B) Data capture
C) Data flow	D) Data processing

Answer & Explanation Answer: C) Data flow

Explanation:

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Filed Under: Operating Systems
Job Role: Database Administration , IT Trainer

7 6574

Q:

Twice the difference between two numbers is equal to their sum. If one number is 15,find the other number.

A) 15	B) 10
C) 5	D) 20

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