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Home Interview Accounting and Finance Comments

  • Question
  • What is the difference between Private bank and Nationalized bank?


  • Correct Answer
  • Nationalized banks are also known as public sector banks where the government is responsible for the deposition of money in these banks while in a private bank money is deposited by the person who owns the bank 


  • Accounting and Finance problems


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    • 1. What is commercial Bank ?
    • Discuss
    • 2. Credit sales are recorded as

    • Options
    • A. Accounts Receivable
    • B. Accounts Payable
    • C. Both A & B
    • D. None of the above
    • Discuss
    • 3. In a general sense, "cash flow" can be said to equal

    • Options
    • A. operating income less taxes
    • B. operating income after taxes minus depreciation
    • C. operating income less taxes plus depreciation
    • D. operating income before depreciation and taxes plus depreciation
    • Discuss
    • 4. Which of the following is not economic investment?

    • Options
    • A. the piling up of inventories on a grocer's shelf
    • B. the purchase of a drill press by the Ajax Manufacturing Company
    • C. construction of a suburban housing project
    • D. the purchase of 100 shares of AT&T by a retired business executive
    • Discuss
    • 5. When an account becomes uncollectible and must be written off

    • Options
    • A. Accounts Receivable should be credited
    • B. Sales Revenue should be debited
    • C. Allowance for Doubtful Accounts should be credited
    • D. Bad Debt Expense should be credited
    • Discuss
    • 6. Why do you think you?re suited to a career in investment banking?
    • Discuss
    • 7. What do you think you will be doing during your first year in investment banking?
    • Discuss
    • 8. Explain our business model.
    • Discuss
    • 9. What are the advantages and the disadvantages of equity finance and debt finance to a company raising finance and investors?
    • Discuss
    • 10. What is Bank Rate?
    • Discuss


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