Bank PO Questions & Answers
A situation where a population or a section of a population is able to meet only its bare subsistence essentials of food clothing and shelter in order to maintain a minimum level of living is called absolute poverty. Another term is poverty threshold, or poverty line. Thus it is the minimum level of income deemed
It is a method of stock control in which each item is designated by the letter A, B or C depending upon its value to the total expenditure of production materials. A goods are low volume high cost items while C goods are low cost , items. This method is also called split inventory method.
The Ratio of current liabilities to current assets excluding stocks is called acid test ratio. Also known as quick ratio or liquid ratio measures the ability of a company to use its near cash or quick assets to immediately extinguish or retire its current liabilities. Quick assets include those current assets that presumably can be