Sawaal

 Accounting and Finance Questions

Popular Latest Rated
Q:

The yield to maturity on a discount bond is

A) equal to both the coupon rate / current yeild B) less than the current yeild but greater than the coupon rate
C) greater than both the coupon rate / current yeild D) equal to the current yeild but greater than the coupon rate
 
Answer & Explanation Answer: A) equal to both the coupon rate / current yeild

Explanation:

Yield to maturity is a concept for fixed rate bonds and is the internal rate of return i.e. the rate at which future flows are discounted on a compound basis to give the present value of the bond including accrued interest.

Report Error

View Answer Report Error Discuss

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

1 2288
Q:

The primary purpose of life insurance is to provide

A) Safe investment avenue B) financial protection to surviving dependents after the death of an insured
C) Tax rebates D) Wealth accumulation
 
Answer & Explanation Answer: B) financial protection to surviving dependents after the death of an insured

Explanation:

The primary purpose of life insurance is to provide financial protection to surviving dependents after the death of an insured.

Report Error

View Answer Report Error Discuss

Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 2278
Q:

The Accounting period cycle of NSE is

A) Monday to next Friday B) Wednesday to next Tuesday
C) Wednesday to next Wednesday D) Tuesday to next Wednesday
 
Answer & Explanation Answer: B) Wednesday to next Tuesday

Explanation:
Report Error

View Answer Report Error Discuss

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

1 2249
Q:

Which one of the following is not a 'Money Market Instrument'?

A) Commercial Paper B) Equity Shares
C) Certificate of Deposit D) Treasury Bills
 
Answer & Explanation Answer: B) Equity Shares

Explanation:

Money market instruments are debt securities that generally give the owner the unconditional right to receive a stated, fixed sum of money on a specified date.


There are several money market instruments in most Western countries, including treasury bills, commercial paper, bankers' acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities.

Report Error

View Answer Report Error Discuss

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

1 2230
Q:

Accrual accounting is used because

A) it provides a better indication of ability to generate cash flows than the cash basis. B) it recognizes revenues when cash is received and expenses when cash is paid.
C) cash flows are considered less important. D) All of the above
 
Answer & Explanation Answer: A) it provides a better indication of ability to generate cash flows than the cash basis.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 2223
Q:

Which of the following statements about minimum payments is incorrect?

A) If you send in the minimum payment, you will be charged a late fee B) Paying the minimum means you are only paying off a portion of your total debt
C) You will still pay interest on your balance if you submit the minimum payment D) Minimum payments are typically only 2-4% of your total debt
 
Answer & Explanation Answer: A) If you send in the minimum payment, you will be charged a late fee

Explanation:
Report Error

View Answer Report Error Discuss

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

0 2208
Q:

Economists refer to purchases of stocks and bonds as investment.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:
Report Error

View Answer Workspace Report Error Discuss

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

4 2200
Q:

Fixed Foreign Exchange rate can be changed by

A) SEBI B) Ministry of Finance
C) RBI D) All of the above
 
Answer & Explanation Answer: C) RBI

Explanation:

Fixed Foreign Exchange rate can be changed by Reserve Bank Of India (RBI).

Report Error

View Answer Report Error Discuss

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

1 2197