Question { 9754 }

What you will find in Balance Sheet?

Answer

A little elaborate-------------------------

A quantitative summary of a company's financial condition at
a specific point in time, including assets, liabilities and
net worth. The first part of a balance sheet shows all the
financing methods (such as liabilities and shareholders'
equity), and the second part shows all the productive assets
a company owns. Also called statement of condition.

Interested parties :- Obviously for all the stake holders
and investors.

Question { 6507 }

What is European Market?

Answer

European Market refers to an open and integrated market
within its member countries. It comprises with 25 countries
and having a universal currency known as Euro.

Question { Bank Of America, 17336 }

what will you do if you dont get this job

Answer

Life is like "chalta rahe". If I do not get selected,I will
work out on my mistakes and update myself with current
candidate suitability. I strongly believe success comes
through mistakes. And I do have the required potential,
something some where's been waiting for me.

Question { 12836 }

what is the difference between bank rate and repo rate?

Answer

Repo or Repurchase rate is the rate at which banks borrow
funds from the RBI to meet the gap between the demand they
are facing for money (loans) and how much they have on hand
to lend.

If the RBI wants to make it more expensive for the banks to
borrow money, it increases the repo rate; similarly, if it
wants to make it cheaper for banks to borrow money, it
reduces the repo rate.

Bank Rate

This is the rate at which RBI lends money to other banks (or
financial institutions)

The bank rate signals the central bank's long-term outlook
on interest rates. If the bank rate moves up, long-term
interest rates also tend to move up, and vice-versa.

Question { 6106 }

what is the function of bangalore stock exchange?

Answer

Absolutely it is same as BSE. But it has lost it's momentum
due to less members.

Question { Fidelity, 11432 }

what do you understand by double entry system.

Answer

Double entry system, it is self exclamatory. In simple
irrespective nature of a transaction, must have double
effect. That means for debit transaction there must be a
credit transaction.
For instance if written off depreciation from your fixed
asset. The transaction will be like this- deduct the
depreciation value from the Fixed Asset(one transaction)and
as it an expense you need to show it in profit or loss
account(second transaction).This is called double entry
system.
-

Question { 7560 }

explain the impact of dividend policy on shareprice
behaviour or pattern?

Answer

Dividend policy holds a considerable role in valuation of
share or share pattern of a company. To the investor,
dividends represent a return which can be compared to other
investment opportunities. The term called dividend yield.It
is the relation between the dividend payment and the price
of a share of stock.

Current dividend yield= Current dividend / current price of
stock

Question { 26893 }

Please give me the name of nationalise banks in 1980 only?

Answer

The Government of Indian First phase 14 Nationalized banks:
1. Bank of India
2. Union Bank of India
3. Bank of Baroda
4. Bank of Maharashtra
5. Punjab National Bank
6. Indian Bank
7. Indian Overseas Bank
8. Central Bank of India
9. Canara Bank
10. Syndicate Bank
11. United Commercial Bank
12. Allahabad Bank
13. United Bank of India
14. Dena Bank

2nd phase 6 banks in 80s
1. Andhra Bank
2. Corporation Bank
3 New Bank of India
4. Oriental Bank of Commerce
5. Punjab and Sindh Bank
6. Vijaya Bank

Question { 5792 }

can i carry indian currency to other countries and convert
it there itself eg:- UK,USA?

Answer

Look your question is having little confusion.
Still what I understand is like this. All most all the
international markets are integrated through various
technology and web.
Thus it is well known as OTC(over the counter). Therefore
you can carry any currency to foreign country and get it
converted over there. Even banks offer this service....you
can covert currency from your home through some clicks on
your computer mouse. I believe you get your answer.

Question { Wipro, 43391 }

why should we hire you?

Answer

Yes I believe my skills and exp.(if u have)match to the job
profile.And I have already demonstrated my aptitude in
written test and GD (if through, most of the BPOs now a days
conducting this types of elimination round). I am sure, can
carry on my work in pressure environment.

Question { HSBC, 12059 }

Case- XYZ ltd an IT company is not an MNC based in the USA.
ABC ltd an IT company is an MNC based in Germany.
The Germany company wants takeover the USA company.When the
ABC ltd scans XYZ ltd company's financial statements it
shows profit (no fraud or infringement was made in accounts
of XYZ ltd).But the finance department of ABC ltd says the
XYZ ltd financial statements show various losses.

Question- Cite four reasons why XYZ ltd shows loss, while it
has made profit?

Answer

I got the answer close may not exact. The above answer had a
little ambiguity.
Answers are -
1. Interest rate- The interest rate of the USA may differ
that of the interest rate of Germany.

2. Conversion of currency - The fluctuation of currency.
While converting the USD to Germany currency that would show
loss. As USD value is less than Germany currency.

3. Cash flow impact :- While the investing row of cash flow
statement may differ both the organization.

4. Accounting standards- The application of accounting
standards might differ country to country.
I believe due to these things the XYZ ltd shows loss.

Question { Wipro, 9232 }

what is the difference between finance and accounting,how
they are different with other.

Answer

In mathematics terminology we can say, if finance is set
accounting is the sub-set. Finance refers to all the
activities which comprise of right from raising, managing
and investing of in an organization. In sort the management
of fund is called as finance. While accounting is the
language of finance. Accounting expresses, describes the
nature, pros & cons of finance of an organization.

I believe this answer would be enough for the above question
instead going with the bookish definition.