Bank Exams Practice Question and Answer
8Q: What is 'Three-Way Match' refers in Acconting ? 1450 05b5cc6cfe4d2b4197774e2ee
5b5cc6cfe4d2b4197774e2ee- Show AnswerHide Answer
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Answer :
Explanation :
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.
Q: 19 friends went to a restaurant for a combined weekend dinner party. 13 of them spent Rs. 79 each on their dinner and the rest spent Rs. 4 more than the average expenditure of all the 19. What was the total money spent by them? 1450 05b5cc6bae4d2b4197774d7a3
5b5cc6bae4d2b4197774d7a3- 1Rs. 1398.96false
- 2Rs. 1457.09false
- 3Rs. 1662.35false
- 4Rs. 1536.07true
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Answer : 4. "Rs. 1536.07"
Explanation :
Answer: D) Rs. 1536.07 Explanation: Let average expenditure was Rs. R 13 x 79 + 6x(R + 4) = 19R => R = Rs. 80.84 Total money = 19 x 80.84 = Rs. 1536.07.
Q: In a school of 1500 boys, 35% are Hindu, 30% are Sikh,15% are Muslims and remainning are Christians. Find number of christian boys in the school ? 1446 05b5cc6cbe4d2b4197774e117
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Answer :
Explanation :
Given total number of boys in the school = 1500 In that 35% are Hindu, 30% are Sikh, 15% are Muslims => 35 + 30 + 15 = 80% Remaining Boys = 100% - 80% = 20% of 1500 => 20 x 1500/100 = 300 boys are Christians.
Q: When was Barb Wire patented 1446 05b5cc6bae4d2b4197774d7b7
5b5cc6bae4d2b4197774d7b7- 11898false
- 21868false
- 31874true
- 41866false
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Answer : 3. "1874"
Explanation :
Answer: C) 1874 Explanation: Joseph F. Glidden - Father of Barbed Wire. Glidden was born in New York in 1812. He invented Barbed Wire in 1873 and was granted the patent on Nov. 24, 1874. After a three year battle over the patent, which he eventually won received a patent for the modern invention in 1874 after he made his own modifications to previous versions.
Q: Who amongst the following authors was in 2007 conferred the knighthood by the British government? 1443 05b5cc7c7e4d2b41977750d9b
5b5cc7c7e4d2b41977750d9b- 1Salman Rushdietrue
- 2V.S. Naipaulfalse
- 3Chetan Bhagatfalse
- 4Khushwant Singhfalse
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Answer : 1. "Salman Rushdie"
Explanation :
Answer: A) Salman Rushdie Explanation:
Q: Who has been appointed as new Chairman of Indian Railway Board in August 2017 ? 1441 05b5cc6cae4d2b4197774dfed
5b5cc6cae4d2b4197774dfed- 1Ashwani Lohanitrue
- 2S. K. Bhagatfalse
- 3Akhil Agarwalfalse
- 4A. K. Mittalfalse
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Answer : 1. "Ashwani Lohani"
Explanation :
Answer: A) Ashwani Lohani Explanation: Ashwani Lohani is IRSME officer, appointed as new Chairman of the Indian Railway Board soon after A.K. Mittal stepped down from the post. He is former Chairman & Managing Director of Air India.
Q: Israel’s Rafael Defense Systems ltd has formed a joint venture with ________ to produce anti-tank guided missiles for the Indian armed forces. 1441 05b5cc6cce4d2b4197774e181
5b5cc6cce4d2b4197774e181- 1Goa Shipyardfalse
- 2Hindustan Aeronautics Limitedfalse
- 3Kalyani Grouptrue
- 4Hindustan Aeronautics Limitedfalse
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Answer : 3. "Kalyani Group"
Explanation :
Answer: C) Kalyani Group Explanation:
Q: Which results in an increase in power? 1439 05b5cc669e4d2b4197774bf87
5b5cc669e4d2b4197774bf87- 1doing more work in less time.true
- 2doing less work in more time.false
- 3doing less work in less time.false
- 4doing more work in more time.false
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Answer : 1. "doing more work in less time."
Explanation :
Answer: A) doing more work in less time. Explanation: Doing more work in less time, results in an increase in power to do a work.