Bank Exams Questions

Q:

A sum of money becomes 77/50 of itself in 18/5 years when invested at simple interest. What is the rate (in percentage) of interest per annum?

A) 20 B) 18
C) 12 D) 15
 
Answer & Explanation Answer: D) 15

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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Q:

The marked price of a door is Rs 1400. It is sold at a discount of 28%. If the cost price of the door is Rs 700, then what is the profit (in Rs)?

A) 340 B) 428
C) 308 D) 368
 
Answer & Explanation Answer: C) 308

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Filed Under: Profit and Loss
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 the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The main use of friendship is that it ______ man to express his feelings and emotions.

 

A) enables B) capables
C) stables D) ables
 
Answer & Explanation Answer: A) enables

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

Sairat is one of the latest(A)/in the list of contemporary Marathi movies(B)/which appeared in recent times.(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

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Filed Under: English
Exam Prep: Bank Exams

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Q:

All this does not bode _______________ for even the loosest definitions of cosmopolitanism. A city by definition is a space, as ________________ historians and sociologists have already told us, which ideally privileges and _________________ the unexpected encounter, and calls on its citizens to be able to respond humanely even to those _______________ are not linked to us in familial, ethnic, nationalist or caste ___________________.

 

A city by definition is a space, as ________________ historians and sociologists have already told us

 

 

A) infinite B) innumerable
C) incalculable D) multiple
 
Answer & Explanation Answer: B) innumerable

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, which one set of letters when sequentially placed at the gaps in the given letter series shall complete it?

TER_TE_S_ER_

A) TERT B) STTT
C) STRS D) SRTS
 
Answer & Explanation Answer: D) SRTS

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

I saw his (A)/ unbelievably really quite (B)/ delightful cottage. (C)/ No Error (D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

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Filed Under: English
Exam Prep: Bank Exams

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