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Q:

What is the currency of Mexico ?

A) Krones B) Lira
C) Peso D) Mexican dollars
 
Answer & Explanation Answer: C) Peso

Explanation:
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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

9 2912
Q:

A bus covers its journey at the speed of 80km/hr in 10hours. If the same distance is to be covered in 4 hours, by how much the speed of bus will have to increase ?

A) 85 km/hr B) 95 km/hr
C) 105 km/hr D) 120 km/hr
 
Answer & Explanation Answer: D) 120 km/hr

Explanation:

Initial speed = 80km/hr
Total distance = 80 x 10 = 800km
New speed = 800/4 =200km/hr
Increase in speed = 200 - 80 = 120km/hr

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

12 7585
Q:

What does drop ship mean in Accounts ?

Answer

Drop Ship refers to, a manufacturer shipping goods directly to one of its customers' customer (instead of delivering the goods to the customer that placed the order with the manufacturer).


This concept of shipping goods is called as drop ship, drop shipping or a drop shipment.

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

6 2791
Q:

The calendar for the year 1988 is same as which upcoming year ?

A) 2012 B) 2014
C) 2016 D) 2010
 
Answer & Explanation Answer: C) 2016

Explanation:

We already know that the calendar after a leap year repeats again after 28 years.

Here 1988 is a Leap year, then the same calendar will be in the year = 1988 + 28 = 2016.

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Filed Under: Calendar
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

80 19219
Q:

Which city is known as 'Gold capital of the world' ?

A) Johannesburg B) Paris
C) Dubai D) Saudi
 
Answer & Explanation Answer: A) Johannesburg

Explanation:
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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

90 17743
Q:

What is 'Three-Way Match' refers in Acconting ?

Answer

In accounting, the Three-way Match refers to a procedure used when processing an invoice received from a vendor or supplier. The three-way match is an important step in safeguarding an organization's assets. The purpose of the three-way match is to avoid paying incorrect and perhaps fraudulent invoices.


Here Three-way refers to the three documents involved :


* Vendor's invoice which was received and will become part of an organization's accounts        payable if approved.


* Purchase order that was prepared by the organization.


* Receiving report that was prepared by the organization.


And Match refers to the comparison of the quantities, price per unit, terms, etc. appearing on the vendor's invoice to the information on the purchase order and to the quantities actually received.


After the vendor's invoice has been validated by the three-way match, it can be further processed for payment.

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

9 3006
Q:

It costs Rs. p each to send the first thousand messsages and Rs. q to send each subsequent one . If r is greater than 1,000, how many Rupees will it cost to send r messages ?

A) 1000 (r - p) + pq B) 1000 p + qr
C) 1000 (r - q) + pr D) 1000(p - q) + qr
 
Answer & Explanation Answer: D) 1000(p - q) + qr

Explanation:

We need to find the total cost to send r messsages, r > 1000.

The first 1000 messsages will cost Rs.p each (Or) 

The total cost of first 1000 messsages = Rs.1000p

The remaining (r - 1000) messsages will cost Rs.q each (Or)

The cost of the (r - 1000) = Rs.(r - 1000)y

 

Therefore, total cost = 1000p + rq - 1000q

= 1000(p - q) + qr

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Filed Under: Average
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

15 7284
Q:

36 identical books must be arranged in rows with the same number of books in each row. Each row must contain at least three books and there must be at least three rows. A row is parallel to the front of the room. How many different arrangements are possible ?

A) 5 B) 6
C) 7 D) 8
 
Answer & Explanation Answer: A) 5

Explanation:

The following arrangements satisfy all 3 conditions.

Arrangement 1: 3 books in a row; 12 rows.

Arrangement 2: 4 books in a row; 9 rows.
Arrangement 3: 6 books in a row; 6 rows.
Arrangement 4: 9 books in a row; 4 rows.
Arrangement 5: 12 books in a row; 3 rows.

 

Therefore, the possible arrangements are 5.

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Filed Under: Permutations and Combinations
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

8 4394