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15 Views

Question : What is the fiscal year period in India?

Option 1: 1st April of a year to 31st March of the next upcoming year.

Option 2: 1st April to 31st December of the same year.

Option 3: 1st January to 31st December of the same year.

Option 4: 1st January of a year to 31st December of the next upcoming year.

Team Careers360 24th Jan, 2024

Correct Answer: 1st April of a year to 31st March of the next upcoming year.


Solution : The correct option is 1st April of a year to 31st March of the next upcoming year.

India follows the 1st April to 31st March fiscal year period. This period aligns with the government's budget cycle, facilitating financial planning, budgetary allocations and reporting. It helps synchronize economic policies and financial activities across various sectors.

17 Views

Question : As of March 2022, which of the following dance forms has not been listed as a classical dance in India?

Option 1: Odissi

Option 2: Mohiniyattam

Option 3: Kuchipudi

Option 4: Lavani

Team Careers360 24th Jan, 2024

Correct Answer: Lavani


Solution : The correct answer is Lavani.

Lavani is not a classical dance. It is a traditional folk dance that contributed substantially to the development of Marathi folk theatre.

There are eight classical dances in India:

  1. Bharatanatyam, from Tamil Nadu
  2. Kathak from Uttar Pradesh
  3. Kathakali from Kerala
  4. Kuchipudi from Andhra Pradesh
  5. Manipuri from Manipur
  6. Mohiniyattam from Kerala
  7. Odissi from Odisha
  8. Sattriya is from Assam.
12 Views

Question : Which Ministry of the Government of India organised "Gender Samwaad" in March 2022?

Option 1: Ministry of Panchayati Raj

Option 2: Ministry of Labour & Employment

Option 3: Ministry of Culture

Option 4: Ministry of Rural Development

Team Careers360 24th Jan, 2024

Correct Answer: Ministry of Rural Development


Solution : The correct answer is the Ministry of Rural Development.

In March 2022, the Ministry of Rural Development arranged the third iteration of "Gender Samwaad". The Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) is a nationwide programme. It aimed at creating awareness about DAY-NRLM interventions across India with a gender lens.

14 Views

Question : As of 15th March 2021, how many women judges were there in the Supreme Court of India?

Option 1: 5

Option 2: 2

Option 3: 4

Option 4: 3

Team Careers360 20th Jan, 2024

Correct Answer: 4


Solution : The correct option is 4.

On August 31, 2021, a historic moment unfolded in the Supreme Court of India as three distinguished women judges were sworn in. The names of these three judges are Hima Kohli, Bela Trivedi, and B. V. Nagarathna. Justice B.V. Nagarathna is in line to become the first female Chief Justice of India (CJI) in September 2027. Indira Banerjee was already serving as a judge and retired on September 22, 2023.

12 Views

Question : As of March 2020, who is the Chairperson of the State Bank of India?

Option 1: Aditya Puri

Option 2: Arundhati Bhattacharya

Option 3: Rajnish Kumar

Option 4: Deepak Parekh

Team Careers360 23rd Jan, 2024

Correct Answer: Rajnish Kumar


Solution : The correct answer is Rajnish Kumar.

As of March 2020, Rajnish Kumar is the Chairperson of the State Bank of India. He became the chairperson of the State Bank of India in October 2017, and his tenure ended in October 2020. The State Bank of India was founded in 1955, and its headquarters are in Mumbai.

195 Views

Question : ABC Ltd. has Machinery WDV of which on 1st april 2021 was Rs.8,60,000 and on 3st march 2022 Rs.9,50,000. Depreciation for the year was Rs.40,000. In the beginning of the year, A part of the Machinery was sold for Rs.25,000, Which had a WDV of Rs.20,000. Calculate Cash low From Investing activity :

Option 1: Rs.1,25,000

Option 2: Rs.(1,25,000)

Option 3: Rs.2,50,000

Option 4: Rs.(2,50,000)

Team Careers360 25th Jan, 2024

Correct Answer: Rs.(1,25,000)


Solution :                                                             Machinary A/c

 

To Balance b/d 860000 By Dep. account 40000
To P/L (Gain) 5000 By bank Account 25000
To Bank (Purchase) b/f 150000 By Balance c/d 950000
  1015000   1015000

Hence the cash flow from Investing Activity is Rs.(125000)

Proceeds from sale of machinary     Rs.25000

Purchase of Machinary                      Rs (150000)

Hence the correct answer is option 2.

10 Views

Question : Read the passage given below and then answer the questions given below the passage. Some words may be highlighted for your attention. Read carefully.


Billionaire Mukesh Ambani's telecom venture Reliance Jio Infocom is planning to foray into automobile telematics with the launch of a device that will control vehicle's movement and alert owner about fuel and battery through a mobile app. "Reliance Jio is ready with a car connected device that will have multiple features like immobilize car at the time of theft, alert owner about car movement, locate car and also provide wi-fi within car, The owner needs to use Jio sim in the device to avail benefits." an industry source said. The company is in advance talks with automobile companies to launch it very soon. "There are lots of factors that determine price, but price of the car connected device is estimated to be either equal to or less than its Jio's wifi device which costs around Rs 2,000," the source said. With help of Jio's car management device, the owner will get information about the way his driver is driving the car, the movement of vehicle can be restricted within a geography, switch on AC of car from any remote location, get alert of car break etc. "Jio is working on the modalities on its sales model for the existing cars as well" the source said. The device and application has been internally developed by Jio but the hardware device will be initially imported from China. "Jio has asked its device vendor to start making it in India after initial rollout," the source said. Besides this, the company is also scaling up its fibre to the home project for which it is running pilot in some cities including Delhi and Mumbai. "With Fibre to the home, Jio will focus on automatic entire home from entertainment to home surveillance to utility management, the source said. Jio has touched a customer base 7.24 crore and claims to be adding 1 lakh mobile subscribers per day. The company has set target to cross 10 crore customers by March 31, 2017.

Question:
Which of the following is ensured mostly through the use of JIO sim?

Option 1: Security
 

Option 2: Better models
 

Option 3: More entertainment
 

Option 4: More comfort

Team Careers360 23rd Jan, 2024

Correct Answer: Security
 


Solution : The correct answer is option 1.

Explanation

Reading over all the services that Jio may offer via the Jio sim, it can be deduced that everything will be incredibly safe, from a car's position to its immobility when stolen or managing things in a home.

As a result, choice 1 is the right response.

10 Views

Question : On which of the following banks did the Reserve Bank of India impose a moratorium in March 2020?

Option 1: IDFC First Bank

Option 2: Dhanlakshmi Bank

Option 3: Bandhan Bank

Option 4: Yes Bank

Team Careers360 16th Jan, 2024

Correct Answer: Yes Bank


Solution : The correct option is Yes Bank.

In March 2020, the Reserve Bank of India (RBI) imposed a moratorium on Yes Bank. The moratorium was imposed due to concerns about the bank's financial stability and liquidity issues. During the moratorium, the RBI took over the management of Yes Bank to protect the interests of depositors and maintain the stability of the banking system. The restrictions on Yes Bank were lifted after a reconstruction plan was put in place involving a consortium of banks investing in the troubled bank.

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