Questions

Q:

A bank statement provided by the bank includes

A) The beginning and the ending balance of the depositor's account B) A list of outstanding check
C) A list of pretty cash amounts D) A listing of deposits in transit
 
Answer & Explanation Answer: A) The beginning and the ending balance of the depositor's account

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 543
Q:

The principles of internal control include

A) Maintain Records B) Segregate of Duties
C) Mandatory Employee Rotation D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.


The main internal control principles include:

  • Establish Responsibilities
  • Maintain Records
  • Insure Assets by Bonding Key Employees
  • Segregate of Duties
  • Mandatory Employee Rotation
  • Split Related Party Responsibility
  • Use Technological Controls
  • Perform Regular Independent Reviews

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The major objective of monetary policy is to

A) increase government's tax revenue B) revamp the Public Distribution System
C) Promote economic growth with price stability D) weed out corruption in the economy
 
Answer & Explanation Answer: C) Promote economic growth with price stability

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 542
Q:

Galvanization a process to prevent rusting involves use of ___ coating to steel or iron.

A) Nickel B) Magnesium
C) Copper D) Zinc
 
Answer & Explanation Answer: D) Zinc

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

0 542
Q:

Parliament House in Delhi was constructed during

A) 1895-1900 B) 1901-1909
C) 1921-1927 D) 1931-1935
 
Answer & Explanation Answer: C) 1921-1927

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Filed Under: Indian History
Exam Prep: Bank Exams

2 542
Q:

Davis Cup 2015 final was held in ___.

A) UK B) Australia
C) Belgium D) Argentina
 
Answer & Explanation Answer: C) Belgium

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Filed Under: Sports
Exam Prep: Bank Exams

1 542
Q:

Find the odd one out in relation to using ATM and net-banking facilities.

A) Don't share your ATM card B) Don't share your PIN
C) Don't change your PIN at regular intervals D) Don't share your login ID and password
 
Answer & Explanation Answer: C) Don't change your PIN at regular intervals

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 542
Q:

Which of the following statement is true?

A) Global warming and climate change are two different issues B) Global warming will reduce the annual build-up of glacier ice
C) Global warming may cause sea levels to go down D) Global warming may cause contraction of deserts
 
Answer & Explanation Answer: B) Global warming will reduce the annual build-up of glacier ice

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Filed Under: General Science
Exam Prep: Bank Exams

1 542