Questions

Q:

The single-step income statement emphasizes

A) the various components of income from continuing operations B) extraordinary items and accounting changes more than these are emphasized in the multiple-step income statement
C) total revenues and total expenses D) the gross profit figure
 
Answer & Explanation Answer: C) total revenues and total expenses

Explanation:

The single-step income statement emphasizes


1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

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Filed Under: Indian Economy
Exam Prep: CAT , Bank Exams
Job Role: Bank PO , Bank Clerk , Analyst

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Q:

Which is the most irrigated state in India?

A) Punjab B) Himachal Pradesh
C) Haryana D) Telangana
 
Answer & Explanation Answer: A) Punjab

Explanation:
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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which newspaper has acquired 67 per cent stake in Kolkata-based daily The Asian Age?

A) Hindustan Times B) Times of India
C) Deccan Chronicle D) The Hindu
 
Answer & Explanation Answer: C) Deccan Chronicle

Explanation:
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Filed Under: Business Awareness

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Q:

What does PMKSY stands for ?

A) Pradhan Mantri Kaushal Sampada Yojana B) Pradhan Mantri Kalyan Sampada Yojana
C) Pradhan Mantri Kisan Sampada Yojana D) Pradhan Mantri Kisan Seva Yojana
 
Answer & Explanation Answer: C) Pradhan Mantri Kisan Sampada Yojana

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

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Q:

An object with a constant speed

A) is not accelerated B) might be accelerated
C) is always accelerated D) also has a constant velocity
 
Answer & Explanation Answer: B) might be accelerated

Explanation:
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Filed Under: Physics

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Q:

Which among the following is the most electronegative element?

A) Flourine B) Bromine
C) Iodine D) Oxygen
 
Answer & Explanation Answer: A) Flourine

Explanation:

Flourine is the most electro negative element due to its small atomic radius .It also has the tendency to accept an electron to complete octet configuration

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Filed Under: Chemistry

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Q:

Auckland is the largest city located in which country ?

A) South Africa B) New Zealand
C) Australia D) West Indies
 
Answer & Explanation Answer: B) New Zealand

Explanation:
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Filed Under: Famous Places

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Q:

In India, the first hour of every Parliamentary sitting is allotted for ________.

 

A) Question hour B) Half an hour
C) Zero hour D) No option is correct
 
Answer & Explanation Answer: A) Question hour

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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