Bank PO Questions


Q:

A major purpose of cost accounting is to

A) measure, record and report product costs B) classify all the product costs
C) to provide information to stockholders for investment decisions D) All of the above
 
Answer & Explanation Answer: A) measure, record and report product costs

Explanation:

A major purpose of cost accounting is to measure, record and report product costs.

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

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Q:

Which of the following helped pottery flourish in Athens?

A) Athenians develoed a new, much faster potter's wheel B) They form a rough circular shape
C) As it is prone to cyclones D) None of the above
 
Answer & Explanation Answer: A) Athenians develoed a new, much faster potter's wheel

Explanation:

Athenians develoed a new, much faster potter's wheel which helped pottery flourish in Athens.

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

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Q:

Bad debt expense is reported on the income statement as

Answer

Bad debts expense often refers to the loss that a company experiences because it sold goods or provided services and did not require immediate payment. The loss occurs when the customer does not pay the amount owed. In other words, bad debts expense is related to a company's current asset accounts receivable.


 


You have already recorded the Rs. 100 in your accounts receivable, and you need to eliminate that amount. As you use double-entry accounting, you must record a Rs. 100 credit to your accounts receivable and a Rs. 100 debit to your allowance for doubtful accounts or your bad debts expense column.

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

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Q:

One of the following is not a function of bones

A) Protection of vital organs B) Secretion of hormones for calcium regulation in blood and bones
C) Place for muscle attachment D) Production of blood corpuscles
 
Answer & Explanation Answer: B) Secretion of hormones for calcium regulation in blood and bones

Explanation:

Secretion of hormones for calcium regulation in blood and bones is not a function of a bone.

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

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Q:

The first official International Women’s Day took place in?

A) 1901 B) 1911
C) 1975 D) 1951
 
Answer & Explanation Answer: B) 1911

Explanation:

The first official International Women’s Day took place in 1911.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

India has withdrawn the Most Favoured Nation status from which nation?

A) United States B) Bangladesh
C) Nepal D) Pakistan
 
Answer & Explanation Answer: D) Pakistan

Explanation:

India has withdrawn the Most Favoured Nation status from Pakistan after Palwama Attacks on 14th February 2019.

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

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Q:

Who making the anthem for upcoming Hockey World Cup 2018's prime video?

A) A. R. Rahman B) Pritam Chakraborty
C) Anu Malik D) Bappi Lahiri
 
Answer & Explanation Answer: A) A. R. Rahman

Explanation:

A.R. Rahman making the anthem for upcoming Hockey World Cup 2018's prime video.

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Q:

An oligarchy is best defined as

A) rule by one B) rule by few
C) rule by many D) All of the above
 
Answer & Explanation Answer: B) rule by few

Explanation:

An oligarchy is the form of government which is rule by few form and that few people may be military control, or by wealthy society or through ethnic identities.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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