AIEEE Questions

Q:

A distinguishing feature of managerial accounting is

A) general-purpose reports B) very detailed reports
C) quarterly and annual reports D) external users
 
Answer & Explanation Answer: B) very detailed reports

Explanation:

Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information for the pursuit of an organization's goals. This branch of accounting is also known as cost accounting.

 

Hence, the distinguishing feature of managerial accounting is very detailed reports.

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Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

GST Council has decided to keep a total of ________ items in the 28% slab, which was earlier 227.

A) 125 B) 87
C) 100 D) 50
 
Answer & Explanation Answer: D) 50

Explanation:

The GST Council on Nov 10th 2017 cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime.  

Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

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Filed Under: Indian Economy
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8 3257
Q:

Statement: Ministry of Tourism in its one of the reports revealed that due to recent social disturbance in the country, the number of foreign tourists has decreased considerably, which resulted in a financial loss of Rs 100 crore.
Courses of action:
a. The Government should provide financial support to the tourism sector.
b. Foreign tourists should be informed that they visit the country at their risk.

A) Only b follows B) Only a follows
C) Both a & b follows D) Neither a nor b follows
 
Answer & Explanation Answer: D) Neither a nor b follows

Explanation:

Financial support to the tourism sector is not a permanent solution. Secondly, constant risk for the foreign tourists will never encourage tourism in India. Hence, none of the course action is the right solution in this direction.

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Q:

What is the name of the scheme for providing physical aids and assisted-living devices for senior citizens belonging to BPL category that was launched in Andhra Pradesh’s Nellore district on 1 April 2017? 

A) Sarkari Yojana B) Yantra Laxmi
C) Rashtriya Vayoshri Yojana D) Vayovrudh Yojana
 
Answer & Explanation Answer: C) Rashtriya Vayoshri Yojana

Explanation:

“Rashtriya Vayoshri Yojana” was launched by the Ministry for Social Justice and Empowerment on 1 April 2017 at Nellore (Andhra Pradesh). Under the scheme, physical aids and assisted-living devices for senior citizens were distributed to senior citizens belonging to below poverty line (BPL) category.

– The scheme has been implemented through the sole implementing agency – Artificial Limbs Manufacturing Corporation (ALIMCO), a public sector undertaking. The aids to be distributed under the “Rashtriya Vayoshri Yojana” scheme include walking sticks, elbow crutches, walkers, tripods / quadpods, hearing aids, artificial dentures and spectacles.

– The ambitious scheme, first of its kind in the country, is expected to benefit 5,20,000 Senior citizens over a period of the 3 years.

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

2 3252
Q:

What happens during the process of translation?

A) Transfer RNA is made from messenger RNA B) Copies of DNA molecules are made
C) The cell uses information from messenger RNA to produce proteins D) Messenger RNA is made from DNA
 
Answer & Explanation Answer: C) The cell uses information from messenger RNA to produce proteins

Explanation:

Translation is the process by which a protein is synthesized from the information contained in a molecule of messenger RNA (mRNA). During translation, an mRNA sequence is read using the genetic code, which is a set of rules that defines how an mRNA sequence is to be translated into the 20-letter code of amino acids, which are the building blocks of proteins.

 

In short, during the process of translation source language text is conveyed to destination language.

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Filed Under: Biology
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1 3251
Q:

What is a stub network?

A) A network with only one entry and no exit point. B) A network that has only one entry and exit point.
C) A network with more than one exit point. D) A network with more than one exit and entry point.
 
Answer & Explanation Answer: B) A network that has only one entry and exit point.

Explanation:

A stub network has only one default path to non-local hosts and no outside network knowledge. Non-local stub network traffic uses a single logical path when traveling in and out of the network.

 

Stub networks are essentially local area networks (LAN) that either do not connect to the outside and relay data packets internally or are dead-end LANs that know of only one network exit. Stub networks may have multiple connections but use one path to single points of destination.

 

Hence, a stub network is a network that has only one entry and exit point.

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Q:

Who has become First Female Pilot in Indian Navy?

A) Ritu Kumari B) Shubhangi Swaroop
C) Garima Sharma D) Rakhi Kumari
 
Answer & Explanation Answer: B) Shubhangi Swaroop

Explanation:

Shubhangi Swaroop, the First Woman Pilot inducted into Indian Navy.

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Filed Under: Famous Personalities
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11 3246
Q:

Which of the following river empties into the Arabian Sea?

A) Ganga B) Yamuna
C) Indus D) Kaveri
 
Answer & Explanation Answer: C) Indus

Explanation:

The river which starts flowing from Himalayas on the North to southwards to empty in the Arabian sea is Indus River.

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

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