GATE Practice Question and Answer
8Q: In preparing a bank reconciliation, outstanding checks are 1601 05b5cc64ae4d2b4197774bbf8
5b5cc64ae4d2b4197774bbf8- 1Deducted from the balance sheettrue
- 2Added to the bank balancefalse
- 3Deducted from the bank balancefalse
- 4Added to the balance sheetfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Deducted from the balance sheet"
Explanation :
Answer: A) Deducted from the balance sheet Explanation: If an outstanding check of the previous month clears the bank (is paid by the bank) in the current month, you simply remove that check from the list of outstanding checks. If an outstanding check of the previous month does not clear the bank in the current month, the check will remain on the list of outstanding checks until the month that it does clear the bank. In the bank reconciliation process, the total amount of the outstanding checks is deducted from the balance appearing on the bank statement.
Q: What steps do you follow to study a problem before making a decision ? 1601 05b5cc76ae4d2b4197774fea2
5b5cc76ae4d2b4197774fea2- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer :
Explanation :
The interviewer wants to know that you don't just jump into a solution without knowing the problem in detail. You want to study the problem by determining the cause of the problem, what the problem is, and what the possible solutions are. You then decide on a solution.Following steps for problem-solving and decision-making can be very helpful.- Define the problem to be solved and decision to be made.- Gather the necessary information. - List all possible choices. - Consider possible outcomes for each choice. - Check out how you feel about each of the choices. - Relate the choices to your values and priorities. - From the possible alternatives, choose one. - Commit yourself to your chosen decision and disregard the others. Concentrate your energies in one direction. Once we made our decision, we must focus all our work on that itself.- Take steps to turn your decision into positive action. - Evaluate your progress from time to time. Change your decision if necessary.
Q: What differentiates you from the competition? 1600 05b5cc76de4d2b4197774feb8
5b5cc76de4d2b4197774feb8- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer :
Explanation :
In most cases, you will have no idea who you are competing with for a particular job. So this type of question really gives you a chance to open-up your strengths as a candidate with an emphasis on any assets that might separate you from the typical applicant. Think about what you bring to the table that you truly believe is unique - the easiest way to do is to think of your own personal stories that demonstrate your work ethic, skills, and dedication. Most people have some or all of those skills, but the unique stories are what make people stand out in interviews.
Q: Twelve children take sixteen days to complete a work which can be completed by 8 adults in 12 days. After working for 3 days, sixteen adults left and six adults and four children joined them. How many days will they take to complete the remaining work ? 1598 05b5cc758e4d2b4197774fbf9
5b5cc758e4d2b4197774fbf9- 13 daysfalse
- 22 daysfalse
- 36 daystrue
- 412 daysfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "6 days"
Explanation :
Answer: C) 6 days Explanation: From the given data, 12 children 16 days work,One child’s one day work = 1/192. 8 adults 12 days work,One adult’s one day’s work = 1/96. Work done in 3 days = ((1/96) x 16 x 3) = 1/2 Remaining work = 1 – 1/2 = 1/2 (6 adults+ 4 children)’s 1 day’s work = 6/96 + 4/192 = 1/12 1/12 work is done by them in 1 day. 1/2 work is done by them in 12 x (1/2) = 6 days.
Q: When was Zoroastrianism founded? 1598 05b5cc678e4d2b4197774c14d
5b5cc678e4d2b4197774c14d- 14th century BCEfalse
- 26th century BCEtrue
- 38th century BCEfalse
- 410th century BCEfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "6th century BCE"
Explanation :
Answer: B) 6th century BCE Explanation: Zoroastrianism is one of the world's oldest extant religions. It is the ancient pre-Islamic religion of Iran that survives there in isolated areas and, more prosperously, in India, where the descendants of Zoroastrian Iranian (Persian) immigrants are known as Parsis, or Parsees. The Iranian prophet and religious reformer Zarathustra flourished before the 6th century BCE more widely known outside Iran as Zoroaster is traditionally regarded as the founder of the religion. Zoroastrianism contains both monotheistic and dualistic features. It likely influenced the other major Western religions—Judaism, Christianity, and Islam.
Q: A & B invest Rs. 1,16,000 & 1,44,000 respectively. B invests for 6 months. At the end of the year, B’s share is Rs. 9000, find the overall profit? 1598 05b5cc6bce4d2b4197774d877
5b5cc6bce4d2b4197774d877- 1Rs. 23,500true
- 2Rs. 19,780false
- 3Rs. 21,700false
- 4Rs. 20,050false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 23,500"
Explanation :
Answer: A) Rs. 23,500 Explanation: Given A & B in partnership A Invests 116000 for 12 months => A's share = 116000 x 12 = 13,92,000 B Invests for 6 months => B's share = 144000 x 6 = 8,64,000 Their Ratio = 1392 : 864 = 29 : 18 Let the Annual profit = P Given B's share = Rs. 9000 => 18/47 x P = 9000 => P = 9000 x 47/18 => P = 23,500 Hence, Overall profit = P = Rs. 23,500
Q: How many three digit numbers 'abc' are formed where two of the three digits are same ? 1597 05b5cc701e4d2b4197774f1b7
5b5cc701e4d2b4197774f1b7- 1252false
- 2648false
- 3243true
- 4900false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "243"
Explanation :
Answer: C) 243 Explanation: Digits are 0,1,2,3,4,5,6,7,8,9. So no. of digits are 10 First all possible case => 9(0 excluded) x 10 x 10 = 900 Second no repetition allowed =>9 x 9 x 8 = 648 Third all digits are same => 9 (111,222,333,444,555,666,777,888,999) Three digit numbers where two of the three digits are same = 900 - 648 - 9 = 243 ;
Q: A six-digit number is formed by repeating a three-digit number; for example, 404404 or 415415 etc. Any number of this form is always exactly divisible by 1597 05b5cc754e4d2b4197774fb95
5b5cc754e4d2b4197774fb95- 1101false
- 2901false
- 31001true
- 4789false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "1001"
Explanation :
Answer: C) 1001 Explanation: Here by trial and error method, we can obseve that 404404 = 404 x 1001; 415415 = 415 x 1001, etc. So, any number of this form is divisible by 1001.

