Bank Exams Questions

Q:

If cos 240° = x, then value of x is

A) -1/√2 B) -√3/2
C) 1/2 D) -1/2
 
Answer & Explanation Answer: D) -1/2

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

Accounts Receivable financing is based on

Answer

Accounts-receivable financing is a type of asset-financing arrangement in which a company uses its receivables — outstanding invoices or money owed by customers — to receive financing.


when a business sells its AR (accounts receivable) to a factoring company and receives short-term business funding in return, this is what called as Accounts Receivable Financing.


 


How it works ::


Business-to-business sales are often offered with payment terms of 30, 60 or 90 days.


The buyer receives the product, but doesn't submit payment until the mutually agreed-upon date.


The seller records the sale as revenues and increases the accounts receivable by the amount of the sale.


When the payment arrives, the seller decreases the accounts receivable and increases cash.


Accounts receivable financing allows the seller to get the cash immediately by selling the receivable to a third party. This is called factoring.

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

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Q:

In these tests find the Odd figure out

A) a B) b
C) c D) d
 
Answer & Explanation Answer: B) b

Explanation:
In option B shaded circle is common of all three circles but in others the shaded circle is the common part of only two circles.
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

Consider the given question and decide which of the following statements is/are sufficient to answer the question.


Between X and Y who is the better dancer?

Statements :
1. X had given more dance auditions.
2. Y had given more stage performances.

A) Both statements 1 and 2 are sufficient B) Neither sufficient 1 nor 2 is sufficient
C) Statement 1 alone is sufficient while sufficient 2 alone is insufficient D) Statement 2 alone is suuficient while sufficient 1 alone is insufficient
 
Answer & Explanation Answer: D) Statement 2 alone is suuficient while sufficient 1 alone is insufficient

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?

A) Chit Funds B) Shell companies
C) Nidhi Companies D) Indigenous Bankers
 
Answer & Explanation Answer: B) Shell companies

Explanation:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In each of the following questions three statements are given and these statements are followed by two conclusions numbered (1) and (2). You have to take the given three statements to be true even if they seem to be at variance from commonly known facts. Read the conclusions and then decide which of the given conclusions logically follows from the two given statements, disregarding commonly known facts.
Statements:

All books are novels.
No novel is a magazine.
All magazines are newspaper.
Conclusions: 

I.No book is a magazine.
II. Some newspaper are novels.

A) If only (I) conclusion follows B) If only (II) conclusion follows
C) If either (I) or (II) follows D) If neither (I) nor (II) follows and
 
Answer & Explanation Answer: A) If only (I) conclusion follows

Explanation:

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Q:

The height and the slant height of a right circular cone are 24 cm and 25 cm, respectively. Considering π as 22/7 , find the curved surface area of the said cone.

A) 550 cm2 B) 572 cm2
C) 528 cm2 D) 539 cm2
 
Answer & Explanation Answer: A) 550 cm2

Explanation:
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Filed Under: Height and Distance
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Which part of the Indian Constitution deals with ‘The Municipalities’?

A) Part VII B) Part VIII
C) Part XI D) Part IX A
 
Answer & Explanation Answer: D) Part IX A

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

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