Tuesday, 12 March 2019

Most important AFB recollected

MOST IMPORTANT AFB Recollected::

1. Preference share option related voting rights were given
2. Foreign exchange dollar hkd and rupees cross currency was asked in rs
3. Eosp when it is issued or employees has buy predermined rates
4. Depreciation wdv 2 questions and sum of years 1
5. Error of principle
6. Gold loan rules for sanctioning
7. Bond volatility
8. spot rate meaning
9. Value date
10. e-commerce is?
11. Computer software is developed by?
12. Cost of sales gross profit net profit
13. Reconciliation
14. Closing stock apear-trading and balance sheat
15. Contingent liability-bank garanty
16. AS 13 relates to investment
17. Medium risk-8 years
18. SHG- kyc not required of all member
19. Sinking fund formula same as - FV anuity
20. Prepaid exp-current liability
21. Depriciation 2 qtns from wdv method and one from wtd average method
22. Outstanding salary - personal act
23. Expenses and incomes - nominal act
24. Real a/c debited-what comes in
25. Statement record all ledger balance-trial balance
26. Small account credit in a year - 1 lakh
27. Govt Company - 51% share
28. Question on kyc
29. Saving ac interest calculation....
30. Question in cash book and pass book
31. Long term Liabilities changes
32. Effect on assets
33. No question on SI, CI and EMI
34. Question from trial Balance
35. Real account, Personal account, Nominal account
36. 1 question is that Representative personal acc is 1
37. Question on wdv depreciation method
38. 2 marks question on foreign exchange rate
39. 1 question on ESOS
40. Floating rates are called ......
41. Back office may be situated in ......
42. Long term liabilities are payable after ......
43. High Financial Leverage means ......
44. Expenditure & Income reales to ......
45. Non Voting Shares
46. Double entry system means ......
47. Vaule date
48. Residual Value
49. YTM bond is ......
50. Spot
51. Call & Short Money
52. Credit & Debit Voucher
53. Chq clearing
54. Net profit value
55. Gross profit
56. Debt equity ratio
57. Issued shared
58. Banking manual
59. Question on cross currency rate 2 marks
60. Gross profit & net profit 2 marks
61. YTM 2 marks
62. Debit in real account refers to.....
63. KYC verification for shg group members....
64. CA cannot opened by....
65. Gross profit
66. Present value
67. Cash book passbook
68. Real nominal accounts
69. Fixed n floating rate
70. Call money notice money
71. Numerical Questions on gross profit, bond value, current yield, depreciation, present
value of some amount
72. Petty cash - 3question
73. Bank reconcile-2ques
74. 2 question from prepaid expenses
75. Main function of bank
76. Gross profit
77. Present annuity
78. Proprietorship firm
79. Meaning of holding company
80. Cash flow 55000, Useful Life 5 years, IRR 15%, Cost of capital 11%. Find NPV
81. What is consolidated voucher
82. Representative personal account
83. DE ratio owen fund current ratio total assets given n find the current asset
84. Sweat equity share
85. KYC - 2 questions
86. Salvage value in depreciation method 2 questions
87. Forex arithmetic 3ques's
88. Depreciation of machinery after 2 years written down value
89. kyc risks
90. STR report
91. Risk mgmt
92. BCSBI 1 question
93. Credit bal
94. Debit bal 2ques
95. Forfeiture of shares
96. Preference share

97. Dual concept
98. Accrual concept
99. Formula of depreciation
100. Sinking value 2 ques's
101. NPV VALUE OF Firm Calculation 2 Questions
102. Debt equity ratios...
103. Depreciations on fixed value...2-3ques...
104. Depreciation on straight line (residual value) ques...
105. Company having 51% share of another company...
106. Maximum limit of transaction in small (ovd )accounts in a year....
107. Current a/c cant be opened by....options were ...pardanashin women....minor
....blind...a ccompany..
108. Sweat equity shares...
109. GAAR full form...
110. Money market mutual funds are regulated by...
111. If a person transfer a/c frm one branch to another branch den required kyc???
112. Companiesare classified on the basis of...options were
...location...capital...managemnt...incorporation etc...
113. Bond value.....
114. Insurance premium for 45 days???
115. Typs of clerical errors.....
116. Periferal devices of computer...options were...keyboard windows..
117. A Suspesious Transion report where the report ( FIU-Ind)
118. Objective PMLA
119. When a minor open self operated account
120. Deleting Drawing 2 Questions debit or credit account
121. What is bond maturity value (YTM)
122. What is coupon rate
123. Prepaid expenses or outstanding account adjustment done or not
124. Samll account time
125. Rectification of error 4-5 Questions
126. Depreciation 4-5 Questions (3 Numerical)
127. Final Account 5-6 Questions
128. Foreign exchange 3 Questions all numerical
129. YTM 3 Questions
130. Education loan - 2 Question
131. Gold loan-1 Question
132. Consolidate voucher
133. Bank General ledger
134. Ratio 3 Question
135. How to improve current ratio
136. Inventory turnover ratio





Find cost of good sale if opening is80000; purchase is 120000;direct expense 5500;
indirect expense 4000 ;closing is9000
Bond par value is 100, market rate is 12% and 15% is .....find bond price
Ravi wants 500 at every quarter for 5 year , at the rate 10%.find initial deposite
When bond price is equal to Face value.
Interest paid in advance is a type of account
In which depreciation rate of interest is constant
Car purchase by a company is which type of expense
Auditor of a bank is appointed by
In cbs branch computer is connected to the server and all server are connected to main
data centre server
In India 1$=66.56-66.74and 1 euro=1.1456-1.1765$ then relation betwn rupee and
euro
Wages for installation of machine is debited wages acct is which type of error
Find closing balance if cost of goods sold ,puchase,indirect expense, opening balance is
given - For 1year, For 3years
A company deposited 5000at the beginning of the year to puchase amachinary for
20year at the rate 10% find present value of annuity
Schedule AS6 define
Which are the peripheral related to computer
Which of the work out sourced by bank - Ans loan recovery
Which work is not done at back office
Calculation of EMI
Calculation of interest on loan
E kyc is done at periodically to which type of customer
Why Ekyc is usefull
A loan is sanctioned and disbursed 100000 but after 1 year it shows outstanding of
101000. Than what is 1000
4 questions from identifying type of error
Gold loan eligibility
Bond face value one numerical pbm
Bank reconciliation statement given passbook balance and asked cash book balance and
viceversa-2numerical question and 2 case study type question in above
Cost sales netprofit numerical pbm
Given coupon rate,rate of interest and par value asked market price.
Accounting concepts AS29
Business entity,matching concept - give situation asked to find the type of concept
Benefits of CBS
Bill drawn by A on B endorsed it to c....After due date the entries are bills
receivable,noting charges-wat could have happened?
1. WDV Depreciation> 2problems
2. Who cannot open a Current a/c>minor, illiterate, blind or unregistered society
3. Balance sheet given. Calculate gross profit and net profit
4. Capital paid by shareholders >Paid up capital
5. Calculate PV and bond price>2 problems
6. Which is not true abou Company a/c
7. Cross currency problem
8. What is Spot
9. Due date of a bill from 29june(3months)
10. Suspicious transaction report to >FI UNIT
11. closing stock apear-trading and balance sheat
12. contingent liability-bank garanty
13. AS 13
14. medium risk-8 years
15. SHG- kyc not required of all member
16. sinking fund formula same as - FV anuity
17. Prepaid exp-current liability
18 depriciation 2 qtns from wdv method and one from wtd average method
19. outstanding salary - personal act
20. expenses and incomes - nominal act
21. real a/c debited-what comes in
22. statement record all ledger balance-trial balance
23. current yeild
24. bond value
25. mehod of accepting proposal-irr, npv,payback

Limited company pvt compny
account opening of huf
huf Kyc computerised a ccounting
simple interest que
wrongly credited de bited type question 3-4
Theoretical question on IRR and NPV
maximim 10 numericals 5 of 2 marks
2 marks numerical from ratio analysis
Depricition digit sum method numeric al
Acid test ratio=........... quick ratio
person who makes Promissory not e called - debtor (buyer)
gross profit, NPV numerical
related to cbs
according stan dards
capital or revenue ex penditure
earning per share theory quest ion
Dept turn over ratio problem
Bill receivable comes under a sset or liability
Under bills of exchange, which ac Dr.
Under bills of exchange, which ac Dr.
Sales and cost of goods sold gross pro fit
Foreign exchange and cross currency cal c
cross currency u have to add premiums an d sub discount
Composite voucher
Composition, redee mable, share preferential shares

1. Who prepared Bank Reconciliation Statement?
2. Who will bear the expenses charge creation?
3.cost of mationary is RS 12 lacs, scrap value is 0; useful life is 10 yrs; then find out the
book value for the 4th year.
4. P =10000; A= 11200; r=6℅ p.a then find out time?
5. Classification of ratios?
6. Credits = assets - ?
7. P= 10000 r= 8.5℅ pa compounded quarterly; T=4 yrs then find out A=?
8. Find out current yield on bond is RS 5000/- r = 12℅ pa and market value = 4500
9. Sweat equity shares will be given to ?
Document mgnrega card on identification on a/c opening.
Back office to be establised in ......
No of digits in Adhar, min no of persons in public ltd company
adhar card..bond value..irr.npv..com interest..cash book and passbook od..nominal act
real act ..expendture
balance sheet was given and profit was asked , how deaf is calculated, ytm npv,
bcsbi..kyc year..housing loan ...slm..and wdv method .interest differential..eroor
clerical...net profit ratio.5 qus on trial bal...
virus 1)affect hardware 2) is software 3) like virus of human 4) can not affect data - 2
Present value of bond
Which r 2 types of trial balance
Writing from journal to ledger is called?
2-3 qustns from foreign exchange arithmetic
Calculate amount given to petty cashier using imprest method
Current ratio based questions
Quick ratio is another name of -------?
Depreciation problems using wdv
Straight line method and sum of digits method



……………………………………………………………………

1) bond theorem -2 question 
2) bond sum
3) quick ratio 2sum
4) current ratio 1 sum
5) depreciation 4 sum
6) NPV
7) Pay back method 
8) ARR method _1 
9) Capital budgeting 1
10) Compound interest 2 sum 
11) Bond ARR value 
12) Concept of covertism 
13) Concept of consistency 
14) Full disclosure 
15) Accounting method -3 
16) Cost method 
17) Material method
18) Matching method 
19) Small savings bank account - who all can open , look 
20) EMI
21) Coupon rate 
22) Kyc 
23) Bcbsi account 
24) Trail balance error 
25) Company types - how it vil be registered 
26) LAN WAN - networking of 27)computreconcilation in which entry is required .... In which rectification entry not require 
28) Which error affects two accounts 
29) forward point - dollar to euro, euro to rupee 3 questions

Direct simple question on EMI
Twisted but very simple question in depreciation
Ratios some questions
KYC
LAN and WAN
Computer password
Reconsiliation
3 questions from cash book pass book. In this one question is sum others are theoretical
Conversion from euro to one unit of rupee
Direct questions on forward point
2-3 questions currency conversion dollars
Quick and current ratio - 4-5 questions
Emi 5 Lakhs 12% - monthly EMI for 2 years
Deprecation 3-4 questions numerical
The value get double at 9.75% in how many years
Single sided corr - 2-3 questions
RTGS related
Computer security related
Advantage of computerisation
Balance sheet
Prepaid expenses is what ...
Personal account
One more on real account based
Loan processing - 2 questions

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