Questions

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 6610
Q:

Who is the First Test Tube Twins Babies in the World?

A) Louise Brown & Vesli Multinder B) Stephan & Amanda
C) Harsha & Indhira D) Elizabeth Car & Carl Wood
 
Answer & Explanation Answer: B) Stephan & Amanda

Explanation:
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Filed Under: World History

14 6608
Q:

Who said " You give me blood, I will give you freedom "

A) Mahatma Gandhi B) Bal Gangadhar Tilak
C) Subhash Chandra Bose D) Bhagat singh
 
Answer & Explanation Answer: C) Subhash Chandra Bose

Explanation:
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Filed Under: Famous Personalities

4 6607
Q:

I Am The Book One Can Never Finish Reading. What Am I?

 

Answer

Autobiography.

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Subject: Logic Puzzles Exam Prep: Bank Exams

62 6604
Q:

Improve the bracketed part of the sentence.

As the financial situation worsened we realized that we were heading (toward) a disaster.

A) along B) into
C) for D) no improvement
 
Answer & Explanation Answer: C) for

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 6603
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 6602
Q:

Which revolutionary died after a 64 days fast in jail?

A) Jatin Das B) Pulin Das
C) Subhash Chandra bose D) Both A & B
 
Answer & Explanation Answer: A) Jatin Das

Explanation:

Jatindra Nath Das, also known as Jatin Das, was a revolutionary and Independence activist. He embraced death in Lahore jail after fasting for 64 days in 1929 at the age of 24 yrs.

 

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

13 6601
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

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