Bank Exams Questions

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:

How many Rajya Sabha members, the President of India can nominate?

A) 6 B) 10
C) 12 D) 15
 
Answer & Explanation Answer: C) 12

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

___________ it became difficult to empirically prove that children __________ better in private schools, the attack __________ a new weapon: per unit cost of learning outcomes. Most of the learning outcome researches almost _______________ fail to understand the entire ______________ of education in any depth and reduces it to learning of so­called 3Rs for economic purposes.


children __________ better in private schools

 

 

A) learn B) study
C) educate D) train
 
Answer & Explanation Answer: A) learn

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Filed Under: English
Exam Prep: Bank Exams

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Q:

__________ involves traversing the entire file system, marking everything that can be accessed.

A) Index pointer B) Garbage collection
C) File system D) Stack pointer
 
Answer & Explanation Answer: B) Garbage collection

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

The Pie chart 1 given below shows the segregation of 40000000 candidates who have filled the form of an examination. Pie chart 2 shows the segregation 35000000 candidates who were present in the examination. The segregation in both pie charts has been done on the basis of their highest qualification.

What is the absolute difference in the B.Tech.'s who have filled the form and M.B.A.'s who were present in the examination?

A) 3500000 B) 3000000
C) 4050000 D) 4000000
 
Answer & Explanation Answer: C) 4050000

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Filed Under: Pie Charts
Exam Prep: Bank Exams

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Q:

Who among the following was awarded with Padma Shri 2017 in the field of 'Sports - Hockey'?

A) Sardar Singh B) P. R. Shreejesh
C) Ramandeep Singh D) Yuvraj Walmiki
 
Answer & Explanation Answer: B) P. R. Shreejesh

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Aurangzeb put his father ___________ under house arrest in Agra Fort.

A) Humayun B) Shah Jahan
C) Akbar D) Bahadur Shah
 
Answer & Explanation Answer: B) Shah Jahan

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Consider the given statement/s to be true and decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

Statement 1: When water is cooled, it turns into ice.
Statement 2: When water is heated, it turns into steam.

Conclusion I: Water is a solid.
Conclusion II: Water is a gas.

A) Only Conclusion I follows B) Only Conclusion II follows
C) Both I and II follow D) Neither I nor II follows
 
Answer & Explanation Answer: D) Neither I nor II follows

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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