What is a percentage of the total amount you have in the bank that is paid into your account?

What is a percentage of the total amount you have in the bank that is paid into your account?
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i. Joint Stock Company opens Current Account. ii. Generally, no interest is paid by the bank on the Current Account.

Description : i. Joint Stock Company opens Current Account. ii. Generally, no interest is paid by the bank on the Current Account.

Last Answer : State whether the following statements are True or False: i. Joint Stock Company opens Current Account. ... . x. Banks grant long-term loans only.

X Limited forfeited Ram’s 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up for Rs. 6 per share. What amount should be transferred to Capital Reserve account ? (A) Rs. 15 (B) Rs. 20 (C) Rs. 75 (D) Rs. 100

Description : X Limited forfeited Ram's 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up ... to Capital Reserve account ? (A) Rs. 15 (B) Rs. 20 (C) Rs. 75 (D) Rs. 100

Last Answer : Answer: Rs. 15

The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge from Profit and Loss Account will be: (a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Description : The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge ... a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Last Answer : (b) Rs. 85,000

As per revised Govt policy the insurant will get approximately a) Less than 40% of total premia paid by him, if surrendered before completion of 5 years b) 75% after completion of 5 years but before 10 years c) Full recovered amount after 10 year d) All the above

Description : As per revised Govt policy the insurant will get approximately a) Less than 40% of total premia paid by him, if surrendered before completion of 5 years b) 75% after completion of 5 years but before 10 years c) Full recovered amount after 10 year d) All the above

Last Answer : d) All the above

You are given an unlimited amount of money for 24h, after this time your bank account goes bank to normal, What do you spend your money on?

Description : You are given an unlimited amount of money for 24h, after this time your bank account goes bank to normal, What do you spend your money on?

Last Answer : buy our first house, buy two cars for my dad and my brother, buy five phones for each of us, donate to all the orphanages in my country and outside, buy all the lands near us lol

If I made a deposit this morning and my account says the money is "pending," can I make purchases greater than the amount in my bank account?

Description : If I made a deposit this morning and my account says the money is "pending," can I make purchases greater than the amount in my bank account?

Last Answer : can I make purchases greater than the amount in my bank account? one would imagine not…

What does a sizeable bank account mean? How much is a sizeable amount?

Description : What does a sizeable bank account mean? How much is a sizeable amount?

Last Answer : There's probably not a set definition, but what it makes me think of is whether: a) you have enough that you never have to work again, b) you have enough that you can make major purchases ... do/accomplish during your lifetime? Of course, money isn't the only tool that can make these things happen.

I want to open a student account in an Islamic bank. What is the maximum amount that can be kept here and what is the maximum amount that can be withdrawn ?

Description : I want to open a student account in an Islamic bank. What is the maximum amount that can be kept here and what is the maximum amount that can be withdrawn ?

Last Answer : According to the policy of Islami Bank, student account is maximum (one lakh rupees can be kept) but you can keep whatever you want. Problems can arise if you keep too much money. Cause: They will ... call this number (18259 or 09611018259) or visit any branch of Islami Bank. Islami Bank's web site

i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.

Description : i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: ... Instrument which can be discounted with the bank.

What has cidney savings account with National Bank. She earns 4 interest compounded yearly on 1250.00. What amount will she receive in interest in three years?

Description : What has cidney savings account with National Bank. She earns 4 interest compounded yearly on 1250.00. What amount will she receive in interest in three years?

Last Answer : What is the answer ?

Mark the correct option a) In case death of the one depositor of joint account holder , in the MIS account the account will be treated as single from the date of death of the account holder b) The surviving depositor will have withdraw the excess amount over and above the maximum limit of investment by single depositor. c) If this amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Description : Mark the correct option a) In case death of the one depositor of joint account holder , in the MIS account the account will be treated as single from the date of death of the account holder b ... amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Last Answer : d) All the above

What is the implication of the Central Government granting "Special Status" to a State? (1) Substantially large percentage of the central assistance will be as grantsin-aid (2) The extent of loan as a percentage of total assistance will be low (3) Current account budgetary deficit will be bridged by the Central Government (4) Both (1) and (2) above

Description : What is the implication of the Central Government granting "Special Status" to a State? (1) Substantially large percentage of the central assistance will be as grantsin-aid (2) The extent of loan as a ... account budgetary deficit will be bridged by the Central Government (4) Both (1) and (2) above

Last Answer : (4) Both (1) and (2) above Explanation: The Special category states category is meant for a specific category such as a hilly terrain and geographically difficult area where supply of public services is ... -special ones get 70 per cent of the resources as loan and remaining 30 per cent as grant.

Ashwin purchased a second hand machine for Rs.1 lakh. Over the first year after its purchase. He incurred an expense of Rs.20000 in maintaining it. At the end of the first year he sold it for Rs.80000. Find his profit/loss percentage. If 25% of the total cost price (i.e., purchased price + expenses) is to be deducted on account of depreciation. a)12.5% profit b)12.5% loss c)11 1/9% profit d)11 1/9% loss

Description : Ashwin purchased a second hand machine for Rs.1 lakh. Over the first year after its purchase. He incurred an expense of Rs.20000 in maintaining it. At the end of the first year he sold it for Rs.80000. Find his ... account of depreciation. a)12.5% profit b)12.5% loss c)11 1/9% profit d)11 1/9% loss

Last Answer : d)11 1/9% loss 

Of the total amount of water absobed by the plants, its actual percentage used during photosynthesis is

Description : Of the total amount of water absobed by the plants, its actual percentage used during photosynthesis is

Last Answer : Of the total amount of water absobed by the plants, its actual percentage used during photosynthesis is A. `50%` B. `90%` C. `1%` D. `25%`

Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it? (A) Electrical installation cost (B) Equipment installation cost (C) Cost for piping (D) Equipment insulation cost

Description : Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of ... (B) Equipment installation cost (C) Cost for piping (D) Equipment insulation cost

Last Answer : (D) Equipment insulation cost

What is percentage amount of total density of plasma present in human blood

Description : What is percentage amount of total density of plasma present in human blood

Last Answer : 55

Following information is available of PQR for year ended March, 2013: 4,000 units in process, 3,800 units output, 10% of input is normal wastage, Rs. 2.50 per unit is scrap value and Rs. 46,000 incurred towards total process cost then amount on account of abnormal gain to be transferred to Costing P&L will be:- (a) Rs. 2,500 (b) Rs. 2,000 (c) Rs. 4,000 (d) Rs. 3,500

Description : Following information is available of PQR for year ended March, 2013: 4,000 units in process, 3,800 units output, 10% of input is normal wastage, Rs. 2.50 per unit is scrap value and Rs. 46,000 incurred towards total process cost ... be:- (a) Rs. 2,500 (b) Rs. 2,000 (c) Rs. 4,000 (d) Rs. 3,500

Last Answer : (a) Rs. 2,500

What is the average percentage of a taxi driver's fares and tips that are paid out to rent/lease the cab?

Description : What is the average percentage of a taxi driver's fares and tips that are paid out to rent/lease the cab?

Last Answer : I was just talking about this with a cab driver last week--he says it's different in every city. In San Francisco where I live he said he pays about the first $100 to leasing the cab, and ... big differences in how much you can make depending on the city and whether you have the daytime/night shift.

A franchise fee is a continuous fee paid by the franchiser usually based on a percentage of the franchisee’s gross revenue. True or false?

Description : A franchise fee is a continuous fee paid by the franchiser usually based on a percentage of the franchisee’s gross revenue. True or false?

Last Answer : paid a deposit to the franchisor

What is the percentage paid by employers for the bargaining council levies?

Description : What is the percentage paid by employers for the bargaining council levies?

Last Answer : What is the answer ?

A Unit Price (UP) contract provides: 1. a reimbursement of allowable costs plus a fixed fee which is paid proportionately as the contract progresses 2. a reimbursement of allowable cost of services performed plus an agreed upon percentage of the estimated cost as profit 3. the supplier with a fixed price for delivered performance plus a predetermined fee for superior performance 4. a fixed price where the supplier agrees to furnish goods and services at unit rates and the final price is dependent on the quantities needed to carry out the work.

Description : A Unit Price (UP) contract provides: 1. a reimbursement of allowable costs plus a fixed fee which is paid proportionately as the  contract progresses  2. a reimbursement of allowable cost of services ... unit rates and the  final price is dependent on the quantities needed to carry out the work.

Last Answer : 4. a fixed price where the supplier agrees to furnish goods and services at unit rates and the  final price is dependent on the quantities needed to carry out the work

The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C

Description : The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C

Last Answer : d) Either B or C

In a system designed to work out the tax to be paid:An employee has £4000 of salary tax free. The next £1500 is taxed at 10% the next £28000 is taxed at 22%. Any further amount is taxed at 40% Which of these groups of numbers would fall into the same equivalence class? a) £4800; £14000; £28000 b) £5200; £5500; £28000 c) £28001; £32000; £35000 d) £5800; £28000; £32000

Description : In a system designed to work out the tax to be paid:An employee has £4000 of salary tax free. The next £1500 is taxed at 10% the next £28000 is taxed at 22%. Any further amount is taxed at 40% ... ) £4800; £14000; £28000 b) £5200; £5500; £28000 c) £28001; £32000; £35000 d) £5800; £28000; £32000

Last Answer : d) £5800; £28000; £32000

I've been looking for part-time jobs and I keep seeing these ads for jobs that you can do from home on the internet and get paid through your paypal account? Does anyone know anything about this type of employment? Is it legitimate?

Description : I've been looking for part-time jobs and I keep seeing these ads for jobs that you can do from home on the internet and get paid through your paypal account? Does anyone know anything about this type of employment? Is it legitimate?

Last Answer : Some are but I can’t promise that all are. I know someone who has done this before.

From which account is the depositor paid high interest ?

Description : From which account is the depositor paid high interest ?

Last Answer : High interest rates are paid to depositors for fixed accounts.

If I don't give my paypal account, how can I get paid? and why not paypal?

Description : If I don't give my paypal account, how can I get paid? and why not paypal?

Last Answer : The buyer does NOT need your paypal account number or password. If someone wants to send you money thru paypal they just go to THEIR paypal account and request to send money. PAYPAL will notify you ... have money but as soon as you send money to shipper your account will be credited. RIPOFF !

Wages paid for the installation of machinery wrongly debited to wages account is an error of ________ 

Description : Wages paid for the installation of machinery wrongly debited to wages account is an error of ________ 

Last Answer : Wages paid for the installation of machinery wrongly debited to wages account is an error of ________ ... principle (c) commission (d) duplication

Wages paid for installation of machinery is debited to __________ account. 

Description : Wages paid for installation of machinery is debited to __________ account. 

Last Answer : Wages paid for installation of machinery is debited to __________ account. (a) Profit and Loss (b) Trading (c) Wages (d) Machinery

Which account is credited when Salary is paid by cheque?

Description : Which account is credited when Salary is paid by cheque?

Last Answer : Which account is credited when Salary is paid by cheque?

Which account will be debited when Mr. Shyam has paid cash to you?

Description : Which account will be debited when Mr. Shyam has paid cash to you?

Last Answer : Which account will be debited when Mr. Shyam has paid cash to you?

Dividend can be paid generally out of– (A) share premium account (B) capital redemption reserve account (C) current year’s profits (D) All of these

Description : Dividend can be paid generally out of– (A) share premium account (B) capital redemption reserve account (C) current year’s profits (D) All of these

Last Answer : Answer: current year’s profits

What is Capital Redemption Reserve Account available for ? (A) Redemption of redeemable preference shares (B) Redemption of redeemable debentures (C) Reorganization of share capital (D) Issue of fully paid bonus shares

Description : What is Capital Redemption Reserve Account available for ? (A) Redemption of redeemable preference shares (B) Redemption of redeemable debentures (C) Reorganization of share capital (D) Issue of fully paid bonus shares

Last Answer : Answer: Issue of fully paid bonus shares

As per Schedule VI of the Companies’ Act, 1956, Forfeited Share Account will be– (A) Added to paid up capital (B) Deducted from called up capital (C) Added to capital reserve (D) Shown as a revenue reserve

Description : As per Schedule VI of the Companies’ Act, 1956, Forfeited Share Account will be– (A) Added to paid up capital (B) Deducted from called up capital (C) Added to capital reserve (D) Shown as a revenue reserve

Last Answer : Answer: Deducted from called up capital

R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000

Description : R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000

Last Answer : Answer: Rs. 4,00,000

The SCSS account transferred one Post office to another post office a) Rs 5/- per lac will be charged where the deposit is Rs 1 lac and above b) Rs 10/- per lac will be charged where the deposit is Rs 1 lac and above on second transfer. c) No fee will be charged d) Both the A and B( The fee will be paid by cash through pay in slip

Description : The SCSS account transferred one Post office to another post office a) Rs 5/- per lac will be charged where the deposit is Rs 1 lac and above b) Rs 10/- per lac will be charged where the deposit is Rs 1 ... No fee will be charged d) Both the A and B( The fee will be paid by cash through pay in slip

Last Answer : d) Both the A and B( The fee will be paid by cash through pay in slip

Post maturity interest on TD account shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit

Description : Post maturity interest on TD account shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit

Last Answer : b) 2 Years

Post maturity interest on TD account shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit

Description : Post maturity interest on TD account shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit

Last Answer : b) 2 Years

Post maturity interest on RD account after extended maturity period shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit

Description : Post maturity interest on RD account after extended maturity period shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit

Last Answer : d) No limit

Mark the correct option a) A RD account can be opened with min deposit of Rs 10/- and multiple of Rs 5/- b) No max deposit will be prescribed in RD account c) Rebate will be paid on 6 advance deposit or more as per prescribed and default will be recovered if a depositor fails to deposit his/her monthly deposit up to last working day of a calendar month, d) All the above

Description : Mark the correct option a) A RD account can be opened with min deposit of Rs 10/- and multiple of Rs 5/- b) No max deposit will be prescribed in RD account c) Rebate will be paid on 6 advance ... fails to deposit his/her monthly deposit up to last working day of a calendar month, d) All the above

Last Answer : d) All the above

In what manner the fee for issue of duplicate pass book of savings account is paid by the depositor? a) By cash b) By crediting to UCR c) Postage stamp equa

Description : In what manner the fee for issue of duplicate pass book of savings account is paid by the depositor? a) By cash b) By crediting to UCR c) Postage stamp equa

Last Answer : c) Postage stamp equal to the value of the fee to be affixed on the application

In what manner fee for getting the nomination cancelled in a Savings account is to be paid? a) In shape of cash b) By deposit to UCR c) In shape of stamp affixed on the application d) None of these

Description : In what manner fee for getting the nomination cancelled in a Savings account is to be paid? a) In shape of cash b) By deposit to UCR c) In shape of stamp affixed on the application d) None of these

Last Answer : c) In shape of stamp affixed on the application

Contents of BO bag sent by the BO to its account office must always contain BO daily count and it may contain a) Paid and unpaid MOs b) Paid postal order c) Cash bag with or without cash d) All the above

Description : Contents of BO bag sent by the BO to its account office must always contain BO daily count and it may contain a) Paid and unpaid MOs b) Paid postal order c) Cash bag with or without cash d) All the above

Last Answer : d) All the above

Which of the following particulars should also be furnished on the reverse of the daily account. a) Details of remittances received and sent from or to HO or other SO b) Particulars of UCR , UCP, bills paid , reason for holding cash/stamp below minimum or excess maximum c) Requisition for postage entered in remarks column d) All documents sent to along with the daily account e) All the above

Description : Which of the following particulars should also be furnished on the reverse of the daily account. a) Details of remittances received and sent from or to HO or other SO b) Particulars of UCR , UCP, ... entered in remarks column d) All documents sent to along with the daily account e) All the above

Last Answer : e) All the above

An account bag from the SO to HO contain a) The SO daily A/c, MO issue journal, MO paid list. b) List of SB transactions/List of SB documents c) Memo of IPO, Certificate, issued and discharged d) A rolls, daily list of PLI premia collected and paid e) All the above

Description : An account bag from the SO to HO contain a) The SO daily A/c, MO issue journal, MO paid list. b) List of SB transactions/List of SB documents c) Memo of IPO, Certificate, issued and discharged d) A rolls, daily list of PLI premia collected and paid e) All the above

Last Answer : e) All the above

Payment related with Compensation for registered articles should be credited ---------- account head a. Bills Paid b. refund of article c. UCP

Description : Payment related with Compensation for registered articles should be credited ---------- account head a. Bills Paid b. refund of article c. UCP

Last Answer : c. UCP

Payment of account of international and commonwealth reply coupons has to be credited ---------------- account head a. UCP b. Bills Paid c. Payment of refund

Description : Payment of account of international and commonwealth reply coupons has to be credited ---------------- account head a. UCP b. Bills Paid c. Payment of refund

Last Answer : a. UCP

From the following schedule which one is not submitted to postal accounts on 1st and 16th of every month? a. Schedule of UCR b. Cash account c. Schedule of Bills Paid

Description : From the following schedule which one is not submitted to postal accounts on 1st and 16th of every month? a. Schedule of UCR b. Cash account c. Schedule of Bills Paid

Last Answer : b. Cash account