General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
4301
What does COGS stand for?
Answer:
Cost of Goods Sold
COGS stands for Cost of Goods Sold. It refers to the direct costs of producing the goods sold by a company.
4302
What does YTD stand for?
Answer:
Year to Date
YTD stands for Year to Date. It refers to the period of time beginning the first day of the current calendar year or fiscal year up to the current date.
4303
What does FY stand for?
Answer:
Fiscal Year
FY stands for Fiscal Year. It is a one-year period that companies and governments use for financial reporting and budgeting.
4304
What does CAGR stand for?
Answer:
Compound Annual Growth Rate
CAGR stands for Compound Annual Growth Rate. It is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested.
4305
What does P/E Ratio stand for?
Answer:
Price-to-Earnings Ratio
P/E stands for Price-to-Earnings Ratio. It relates a company's share price to its earnings per share.
4306
What does EPS stand for?
Answer:
Earnings Per Share
EPS stands for Earnings Per Share. It is a company's net profit divided by the number of common shares it has outstanding, serving as an indicator of profitability.
4307
What does AML stand for?
Answer:
Anti-Money Laundering
AML stands for Anti-Money Laundering. It refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income.
4308
What does KYC stand for in banking?
Answer:
Know Your Customer
KYC stands for Know Your Customer. It is the process by which a business validates the identity of its clients and assesses their suitability and potential risks.
4309
What does B2C stand for?
Answer:
Business to Consumer
B2C stands for Business to Consumer. It refers to the process of selling products and services directly between a business and consumers who are the end-users.
4310
What does B2B stand for?
Answer:
Business to Business
B2B stands for Business to Business. It relates to the exchange of products, services, or information between businesses, rather than between businesses and consumers.