Discussion
Home ‣ Interview ‣ Accounting and Finance Comments
- Question
Which small finance Bank is included in the second schedule of the Reserve Bank of India Act, 1934 ?
Options- A. Janalakshmi
- B. Utkarsh
- C. Suryoday
- D. None
- Correct Answer
- Suryoday
- 1. When an already listed organisation makes fresh issue of securities to the public, it is known as ________.
Options- A. IPO
- B. Preferential Issue
- C. Rights Issue
- D. FPO Discuss
- 2. Which among the following is an asset for a bank?
Options- A. The loans disbursed by Bank to its customers
- B. Cash Deposits of Customers
- C. Investments made by Bank?s customers in its financial Products
- D. All of the above Discuss
- 3. What is the full form of SOX and what does it means in Accounting ? Discuss
- 4. ETCS means
Options- A. Electronic Tax Collected at Source
- B. Electric Tax Collected at Source
- C. Enable Tax Collected at Source
- D. Electrical Tax Collected at Source Discuss
- 5. The largest component of National Income in India is ____ ?
Options- A. Service Sector
- B. Industrial Sector
- C. Agriculture Sector
- D. Trade Sector Discuss
- 6. When a debtor owes several debts to a banker and makes a payment, the right of appropriation lies with
Options- A. The Court
- B. The Banker
- C. The Debtor
- D. All the above Discuss
- 7. Which payment method typically charges the highest interest rates?
Options- A. Credit cards
- B. Payday loans
- C. Cashier's checks
- D. Pre-paid cards Discuss
- 8. Which is the largest foreign bank in India ?
Options- A. HDFC Bank
- B. American Express Bank Ltd
- C. DBS Bank Ltd
- D. Standard Chartered Bank Discuss
- 9. Headquarters of State Bank of India is in
Options- A. Noida
- B. Mysore
- C. Mumbai
- D. Hyderabad Discuss
- 10. How Would You Assist an Employee Whose Tax Withholdings Are Inaccurate? Discuss
Accounting and Finance problems
Search Results
Correct Answer: FPO
Explanation:
FPO (Follow on Public Offer) is a process by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters. FPO is used by companies to diversify their equity base. A follow-on public offer (FPO) is also called Further Public Offer.
Correct Answer: The loans disbursed by Bank to its customers
Explanation:
Asset means anything that can be converted into cash. Here in banks, the loans disbursed by Bank to its customers is considered as assets because when they are cleared by them, then they are directly converted to cash.
Correct Answer: Sarbanes Oxley Act Otherwise known as Public companies Accounting reforms and investor protection Act It was enacted in 2002 in USA after lot of scams come up on accounting framework whereby investors lose faith and confidence on accounting disclosures
Correct Answer: Electronic Tax Collected at Source
Explanation:
Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified.
E - TCS is the process of filing TCS returns through electronic media. It is necessary for government and corporate collectors to file TCS returns in its electronic form. Collectors (other than government) have the provision to file TCS returns in physical form or electronic form.
Correct Answer: Service Sector
Explanation:
The largest component of National income is service sector.
Correct Answer: The Debtor
Correct Answer: Payday loans
Explanation:
Both Credit cards and Payday loans payment methods typically charges the highest interest rates. When compared Payday loans seems to charge a little bit higher interest rates than Credit Cards interest rates.
Correct Answer: Standard Chartered Bank
Explanation:
Standard Chartered Bank
Standard Chartered Bank have been operating in India since 1858.
Correct Answer: Mumbai
Explanation:
State Bank of India (SBI) is the largest public sector banks in India. It was the first bank established in India as Bank of Calcutta in 1806 and then Imperial Bank of India and then it became State Bank of India on 1st July 1955. The Headquarters of State Bank of India is in Mumbai, Maharashtra.
Correct Answer: This question illustrates whether the applicant has experience changing employee income tax withholding amounts The applicant should be able to describe the necessary forms to use and the process for changing the information in the payroll system
Comments
There are no comments.More in Interview:
Programming
Copyright ©CuriousTab. All rights reserved.