Bank PO Questions


Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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

4 2504
Q:

Who is competent to dissolve the Rajya Sabha?

A) The President B) The Rajya Sabha Chairman
C) The joint session of Parliament D) No one
 
Answer & Explanation Answer: D) No one

Explanation:

The upper house of the parliament is the Rajya Sabha and is a permanent body.

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

1 2502
Q:

The bonds in BaO are best described as

A) covalent B) ionic
C) polar D) non polar
 
Answer & Explanation Answer: B) ionic

Explanation:

In the bond formation of barium with oxygen, the valency electrons from the barium transferred to the oxygen and forms an ionic bond.

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

2 2502
Q:

Which continent has the least countries?

A) Africa B) South America
C) Antarctica D) Europe
 
Answer & Explanation Answer: C) Antarctica

Explanation:

Africa - 54 countries

South America - 12 countries

Antarctica - 0 countries

Europe - 43 countries.

 

Hence, Antarctica continent has the least countries.

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0 2502
Q:

How long does a basketball game last?

A) 35 min B) 55 min
C) 1 hr 15 min D) 48 min
 
Answer & Explanation Answer: D) 48 min

Explanation:

A basketball game last for a total of 48 minutes which has 4 quarters of 12 minutes each excluding all timeouts, 15 min half time, fouls,...

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

9 2502
Q:

Government launches NEW INDIA initiative with which company ?

A) IBM B) BSNL
C) GOOGLE D) Microsoft
 
Answer & Explanation Answer: C) GOOGLE

Explanation:

In keeping with Prime Minister Narendra Modi's vision of a 'New India', Google India and the Ministry of Electronics and Information Technology (MEITY) announced a set of initiatives aimed at empowering citizens and creating abundant oppurtunities for all.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

2 2501
Q:

Which of the following is generally true about the stratosphere?

A) It is very dry B) It is very moist
C) The dryness level varies with the season D) The dryness level varies with the moon cycle
 
Answer & Explanation Answer: A) It is very dry

Explanation:

The stratosphere layer of the atmosphere is very dry.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

2 2500
Q:

[15% of 300% of 560] × 2 ÷ 5 =

A) 100 B) 90
C) 85 D) 105
 
Answer & Explanation Answer: A) 100

Explanation:

[15% of 300% of 560] × 2 ÷ 5

= (15 x 300 x 560 x 2)/100 x 100 x 5

~= 100 

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

4 2499