Questions

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:

A word is represented by only one set of numbers as given in any one of the alternatives. The sets of the numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The column and rows of matrix-I are numbered from 0 to 4 and the matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column from these matrices B can be represented by 41, 32 and Y can be represented by 87, 96, etc. Similarly, you have to identify the word 'SLMAT'

A) 75,30,43,34 B) 13,68,21,99
C) 22,87,43,98 D) 24,85,31,57
 
Answer & Explanation Answer: A) 75,30,43,34

Explanation:
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Q:

Who was appointed as the Managing Director of International Monetary Fund for 5 years starting July 5, 2016?

A) Strauss-khan B) Christine Lagarde
C) Jim Yong Kim D) Rodrigo de Rato
 
Answer & Explanation Answer: B) Christine Lagarde

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Which of the following rulers was not related to Sangam State Chear?

A) Nedeon B) Udayin Jarral
C) Nedunjaral D) Nedum
 
Answer & Explanation Answer: A) Nedeon

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Davis Cup 2015 final was held in ___.

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

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

India won the 2016 Asia Cup T20 held in Bangladesh by ____ wickets.

A) 7 B) 6
C) 5 D) 8
 
Answer & Explanation Answer: D) 8

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which Indian actor-turned-politician won the 2017 Filmfare Lifetime Achievement Award?

A) Shatrughan Sinha B) Dharmendra
C) Amitabh Bachchan D) Vinod Khanna
 
Answer & Explanation Answer: A) Shatrughan Sinha

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which Indian tabla player won the Grammy Award for his collaborative music with 'The Silk Road Ensemble' group in 2017?

A) Yogesh Samsi B) Zakir Hussein
C) Rimpa Shiva D) Sandeep Das
 
Answer & Explanation Answer: D) Sandeep Das

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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