Bank Exams Questions

Q:

What is the term for classifying and grouping organisms?

A) Homology B) Taxonomy
C) Biology D) Zeology
 
Answer & Explanation Answer: B) Taxonomy

Explanation:

The term for classifying and grouping organisms is Taxonomy. It is the science of defining and naming groups of biological organisms on the basis of shared characteristics.

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

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Q:

What is the objective of Financial Reporting?

Answer

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.


Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.


 


The objectives & purposes of financial reporting :–


 


* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.


 


* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.


 


* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.


 


* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.


 


* Providing information as to how an organization is procuring & using various resources.


 


* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.


 


* Providing information to the statutory auditors which in turn facilitates audit.


 


* Enhancing social welfare by looking into the interest of employees, trade union & Government.

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Subject: Finance Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Manoj can do a piece of work in 42 hours. If he is joined by Jayashree who is 100% more efficient, in what time they will finish the work together?

A) 7 hours B) 3.5 hours
C) 14 hours D) 2.5 hours
 
Answer & Explanation Answer: C) 14 hours

Explanation:
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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

The weights of 4 boxes are 20, 40, 60 and 90 kilograms. Which of the following cannot be the total weight, in kilograms, of any combination of these boxes and in a combination a box can be used only once?

A) 150 B) 170
C) 120 D) 160
 
Answer & Explanation Answer: D) 160

Explanation:
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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

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Q:

A can do as much work in 4 days as B can do in 5, and B can do as much work in 6 days as C in 7. In what time will C do a piece of work which A can do in a week ?

A) 10 5/24 days B) 4 4/5 days
C) 6 8/15 days D) 12 6/19 days
 
Answer & Explanation Answer: A) 10 5/24 days

Explanation:
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Filed Under: Time and Work
Exam Prep: Bank Exams

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Q:

ABCD is square and CDE is an equilateral triangle outside the square. What is the value (in degrees) of ∠BEC?

A) 15 B) 30
C) 25 D) 10
 
Answer & Explanation Answer: A) 15

Explanation:
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Filed Under: Area
Exam Prep: Bank Exams

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Q:

In the given figure, PQRS is a quadrilateral. If QR = 18 cmand PS = 9 cm,then what is the area (in sq. cm) of quadrilateral PQRS?

A) (64√3)/3 B) (177√3)/2
C) (135√3)/2 D) (98√3)/3
 
Answer & Explanation Answer: C) (135√3)/2

Explanation:
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Filed Under: Area
Exam Prep: Bank Exams

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Q:

If Sin x = 4/5, then Cosec x + Cot x =

A) 31/12 B) 35/12
C) 2 D) 1/2
 
Answer & Explanation Answer: C) 2

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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