Explore topic-wise InterviewSolutions in Current Affairs.

Operating expenses = General administrative expenses + Selling – distribution expenses + Depreciation.

Correct option is (B) Financial

Operating expenses are also called as managerial expenses.

Correct option is (D) 30%

Income and Expenditure Account is prepared to ascertain, whether the concern has sufficient income to meet its expenses, or not.

i. (b) Balance Sheet

ii. (b) Balance Sheet

iii. (b) revenue

iv. (a) endowment

v. (d) Revenue

(a) By debiting all partners’ capital accounts in their old profit sharing ratio

Correct option is (d) Dividend equalization fund

Correct option is (c) Profit and Loss Appropriation A/c

Reserves :

(2) Debenture redemption fund
(4) Workers accident compensation fund
(6) Dividend equalization fund
(7) Capital reserve
(9) General reserve
(10) Capital redemption reserve

Provisions :

(1) Bad debts reserve
(3) Depreciation fund
(5) Discount reserve on debtors
(8) Workers profit-sharing fund

Correct option is (d) Capital reserve

Correct option is (c) Workers profit sharing fund

(b) General reserve

(d) Cash and bank balance as on the date

(c) Surplus or deficit 

Correct option is (D) current, non-current

Correct option is (C) current asset

Correct option is (D) All of above.

Classification of non-current liabilities :

• Long-term borrowings,
• Other long-term liabilities,
• Long-term provisions.

The correct answer is : (a) Nominal

(d) Balance sheet

(b) Cost of goods sold

The correct answer is: (b) Nominal

(a) Balance sheet

(a) Wasting assets

1. Current Liability: A liability shall be classified as current if it satisfies any of the following criteria :

• If it is expected to be settled in the company’s normal operating cycle.
• If it is held primarily for the purpose being traded
• If it is due to be settled withing twelve months after the reporting date.

2. Non-current Liability: All other liabilities except current liabilities are classified as non-current liabilities.

Classification of current liabilities :

• Short-term borrowings,
• Trade payables,
• Other current liabilities,
• Short-term provisions.

नेत्र की वह क्षमता जिसके कारण नेत्र लेन्स की फोकस दूरी में परिवर्तन कर नजदीक व दूर की वस्तुओं को स्पष्ट रूप से देखा जा सकता है, नेत्र की समंजन क्षमता कहलाती है।

Correct option is (A) External analysis

Correct option is (B) vertical

Correct option is (D) companies except insurance company, electricity company and banking company.

दूर-दृष्टि दोष।

रेटिना प्रकाश- शिराओं की एक फिल्म होती है, जो वस्तुओं के प्रतिबिम्बों के रूप-रंग और आकार का ज्ञान मस्तिष्क तक पहुँचाती है। जिस स्थान पर प्रकाश-शिरा रेटिना को छेदकर मस्तिष्क में जाती है, उस स्थान पर प्रकाश का कोई प्रभाव नहीं पड़ता। इस स्थान को अंध-बिन्दु कहते हैं। रेटिना के बीचों-बीच एक पीत-बिन्दु होता है।

इलेक्ट्रॉन सूक्ष्मदर्शी, प्रकाशिक सूक्ष्मदर्शी की तुलना में किसी वस्तु का लगभग 5000 गुना आवर्धित प्रतिबिम्ब बनाता है, इसलिए यह प्रकाशिक सूक्ष्मदर्शी से उत्तम माना जाता है।

1. हजामत करने में, 

2. डॉक्टर द्वारा शरीर के सूक्ष्म भागों की जाँच करने में, 

3. कार की हेडलाइट में, टॉर्च में तथा टेबल लैम्पों के शेड में परावर्तक के रूप में।

(b) World Bank

IMF fund has provided finance assistance to solve the balance payment problems of IMF.

IMF is a prerequisite to become a member of World Bank.

(d) World Bank

(b) Devaluevation

The WTO was established in 1995 as a 28 successor to the GATT.

Special Drawing Rights (SDRs):

1. The Fund has succeeded in establishing a scheme of Special Drawing Rights (SDRs) which is otherwise called ‘Paper Gold’. 

2. They are a form of international reserves created by the IMF in 1969 to solve the problem of international liquidity. 

3. They are allocated to the IMF members in proportion to their Fund quotas. 

4. SDRs are used as a means of payment by Fund members to meet balance of payments deficits and their total reserve position with the Fund.

5. Thus SDRs act both as an international unit of account and a means of payment. 

6. All transactions by the Fund in the form of loans and their repayments, its liquid reserves, its capital, etc., are expressed in the SDR.

SAARC meets once in 2 years.

The IMF has 189 member countries with Republic.

The headquarters of ASEAN is Jaharta.

Correct Answer is: (b) Japan

The buffer stock financing facility was started in 1969.

World Bank’s membership has 151 countries in 1988.

The IBRD has 189 member countries.