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Bank PO Questions

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Q:

What type of account is accounts receivable?

A) Asset B) Liability
C) Expense D) Equity
 
Answer & Explanation Answer: A) Asset

Explanation:

Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than one year as it is the amount owed by the customer to the seller.

 

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

0 1946
Q:

Which team won the 1st edition of Indian Premier League (IPL) in 2008 ?

A) Chennai Super Kings B) Kolkata Knight Riders
C) Rajasthan Royals D) Mumbai Indians
 
Answer & Explanation Answer: C) Rajasthan Royals

Explanation:

Rajasthan Royals won the 1st edition of Indian Premier League (IPL) in 2008.

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

1 1945
Q:

World Television Day is observed on

A) Nov 16 B) Nov 17
C) Nov 21 D) Nov 26
 
Answer & Explanation Answer: C) Nov 21

Explanation:

World Television Day is observed on November 21.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1945
Q:

Which structure is specific to eukaryotic cells?

A) Nucleus B) DNA
C) Cytoplasm D) Cell membrane
 
Answer & Explanation Answer: A) Nucleus

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

3 1944
Q:

Who is the head of Lok Sabha?

A) President B) Prime Minister
C) Vice President D) Speaker
 
Answer & Explanation Answer: B) Prime Minister

Explanation:

The Prime Minister (PM) of the country is the head of the Lok Sabha. Narendra Modi is the head of the Lok Sabha.

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

4 1944
Q:

The law of supply indicates that, other things equal

A) sellers will offer more of a product at low prices than at high prices. B) buyers will purchase less of a good at high prices than at low prices.
C) Sellers will offer more of a product at high prices than at low prices. D) the product supply curve is downward sloping.
 
Answer & Explanation Answer: C) Sellers will offer more of a product at high prices than at low prices.

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

1 1944
Q:

Who claimed Brazil for Portugal?

A) Vasco da Gama B) Ferdinand Magellan
C) Pedro Cabral D) None of the above
 
Answer & Explanation Answer: C) Pedro Cabral

Explanation:

In April 1500, Brazil was claimed by Portugal on the arrival of the Portuguese fleet commanded by Pedro Alvares Cabral.

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

0 1944
Q:

A binding price floor causes

A) Excess demand for the goods B) Surplus supply of goods
C) Less supply of goods D) No demand for the goods
 
Answer & Explanation Answer: B) Surplus supply of goods

Explanation:

A price floor is the minimum price that can be charged. A binding price floor occurs when the government sets a required price on goods at a price above equilibrium. Because the government requires that prices not drop below this price, that price binds the market for that good.

A binding price ceiling is one that is set below equilibrium price.

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

5 1943