Exams Questions and Answers

Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365.	B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales.	D) Dividing net sales by accounts receivable.

Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1167

Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive	B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth	D) ensures increasing productive investment

Answer & Explanation Answer: B) makes the monetary policies less effective

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following statements is correct?For the purpose of Census 2011

A) a person aged seven and above who can both read and write with understanding in any language is treated as a literate	B) a person aged eightand abovewho can both read and write with understanding in any language is treated as a literate
C) a person aged nine and above who can both read and write with understanding in any language is treated as a literate	D) a person aged ten and above who can bothread and write with understanding in any language is treated as a literate.

Answer & Explanation Answer: A) a person aged seven and above who can both read and write with understanding in any language is treated as a literate

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 1167

Q:

The short run marginal cost curve is ____ shaped.

A) U	B) V
C) X	D) W

Answer & Explanation Answer: A) U

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The pie chart shows the breakup of expenditure of a mining company for the year 2017. Study the diagram and answer the following questions.

Expenditure on Labour and Research constitute what percent of total expenditure?

A) 10%	B) 12%
C) 7.5%	D) 8.33%

Answer & Explanation Answer: D) 8.33%

Explanation:

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Filed Under: Pie Charts
Exam Prep: Bank Exams

0 1167

Q:

In the following problem, '=' stands for '÷' , '+' stands for '' , 'x' stands for '=', '' stands for '+' and '÷' stands for 'x'. Find the correct equation.

A) 8 ÷ 4 + 1 - 5 = 6 x 4	B) 4 x 6 ÷ 4 + 4 = 7
C) 5 ÷ 3 - 25 + 20 = 20 x 39	D) 96 ÷ 2 x 6 ÷105 + 1

Answer & Explanation Answer: C) 5 ÷ 3 - 25 + 20 = 20 x 39

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Filed Under: Mathematical Operations
Exam Prep: Bank Exams

1 1167

Q:

Which of the following organisation has approved a $25-30 billion commitment plan for India for the 2019-22 period?

A) United Nations	B) World Bank
C) UNCTAD	D) New Development Bank

Answer & Explanation Answer: B) World Bank

Explanation:

The World Bank Group (WBG) has approved a $25-30 billion commitment plan for India for the 201922 period. The new Country Partnership Framework (CPF), endorsed by the WBG board of executive directors focuses on the development priorities of the country - resource efficient and inclusive growth, job creation and building its human capital. The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

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Q:

The average variable cost curve is ____ shaped.

A) U	B) V
C) X	D) W

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