Bank Exams Questions

Q:

In Lok Sabha the total number of members from states is

A) 630 B) 530
C) 430 D) 330
 
Answer & Explanation Answer: B) 530

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Filed Under: Indian Politics
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Q:

Pradhan Mantri Mudra Yojana was announced under the leadership of _______.

A) Jawaharlal Nehru B) Indira Gandhi
C) Narendra Modi D) Manmohan Singh
 
Answer & Explanation Answer: C) Narendra Modi

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Filed Under: Indian Politics
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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.


An ideal policeman is a myth. You come __________ him only in crime fiction. ____________ elusive is 'good policing', an idea ___________ even the best of criminal justice thinkers have found it difficult to define. This is why, in what is a chaotic world, we have to reluctantly _____________ for an imperfect policeman and ________ inadequate system.


an idea ___________ even the best of criminal justice thinkers have found

A) that B) which
C) whom D) who
 
Answer & Explanation Answer: A) that

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Q:

An IP address is _____ bit number.

A) 8 B) 16
C) 32 D) 64
 
Answer & Explanation Answer: C) 32

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Filed Under: Computer
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Q:

Which of the following is responsible for Vermicomposting?

A) Fungus B) Worms
C) Bacteria D) Birds
 
Answer & Explanation Answer: B) Worms

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Filed Under: Biology
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
An associate in crime

A) Accomplice B) Callous
C) Itinerant D) Philistine
 
Answer & Explanation Answer: A) Accomplice

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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.

National integration means _____ all the people of the nation into a single whole. It is a _____ that bends together all people in one _____ bond no matter what their religion, caste, language or history may be. It is a _____ cementing force whereby all kinds of people live _____ peacefully and can identify themselves as a part and parcel of a nation.

It is a _____ that binds together

A) sentiment B) resources
C) essentials D) finances
 
Answer & Explanation Answer: A) sentiment

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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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