Questions

Q:

Financial reports are used by

A) Investors B) Creditors
C) Market Analysts D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Financial reports are used for monitoring and controlling the movement of cash into and out of a business. They are used to communicate relevant, reliable and understandable information about the business that can be used by managers, analysts, investors to make decisions. 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 521
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

0 521
Q:

Which  one  of  the  following  sectors  is  not affected   by   the   changes   made   in   the Foreign  Direct  Investment  Policy  in June 2016?

A) Multi-brand retailing B) Defence
C) Private security agencies D) Manufacturing   of   small   arms   and ammunitions  covered  under  the  Arms Act, 1959
 
Answer & Explanation Answer: D) Manufacturing   of   small   arms   and ammunitions  covered  under  the  Arms Act, 1959

Explanation:

Changes  made  in  FDI  policy  in June     2016     will     not     affect manufacturing  of  small  arms  and ammunition.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 521
Q:

The repeated reflection that results in persistence of sound is called

A) echo B) reflection
C) rarefaction D) reverberation
 
Answer & Explanation Answer: D) reverberation

Explanation:
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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

0 520
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 cricketer is not in the list of ICC Cricket Hall of Fame?

A) Anil Kumble B) Bishen Singh Bedi
C) Kapil Dev D) Ravi Shastri
 
Answer & Explanation Answer: D) Ravi Shastri

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

0 520
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

0 520
Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Violence takes a heavy toll and affects public life ______. High or low, known or unknown, rich or poor, popular or unpopular, no one is safe or secure today. It
appears that one can harm anybody at any time and at ______. A mad and sad rat race is on to make money and ______ power at any cost and by any means. The
result is that no political party or group can now ______ into claim to total innocence in so far as ______ of violence against innocent person for personal or political
gains is concerned. Violent demonstrations, rallies, hartals have become the order of the day.

 

so far as ______ of violence against innocent person.

 

A) penetration B) precipitation
C) perpetration D) interpretation
 
Answer & Explanation Answer: C) perpetration

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 520