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

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 547
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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 546
Q:

Which of the following is not regarded as helpful to compost?

A) Egg shells B) Sawdust
C) Tea-bags D) Fish bones
 
Answer & Explanation Answer: D) Fish bones

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Biology
Exam Prep: Bank Exams

2 546
Q:

Salarjung Museum is located in ___.

A) Kolkata B) Ahmadabad
C) Delhi D) Hyderabad
 
Answer & Explanation Answer: D) Hyderabad

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

1 546
Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

The manager said, "I will not waste any further time and start the work today itself."

A) The manager said that he would not waste any further time and start the work today itself. B) The manager said that he will not waste any further time and start the work that day itself.
C) The manager said that he will not waste any further time and start the work today itself. D) The manager said that he would not waste any further time and start the work that day itself.
 
Answer & Explanation Answer: D) The manager said that he would not waste any further time and start the work that day itself.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 546
Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
dead ringer

A) a competition whose outcome is already decided (by unfair means) B) a candidate fraudulently substituted for another in a competition
C) a person who was in a situation to warn others is now missing D) a warning which comes too late, after the damage is done
 
Answer & Explanation Answer: B) a candidate fraudulently substituted for another in a competition

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 546
Q:

The political system in Afghanistan is known as

A) Islamic State of Afghanistan B) Islamic Republic of Afghanistan
C) Islamic Emirate of Afghanistan D) Islamic Government of Afghanistan
 
Answer & Explanation Answer: C) Islamic Emirate of Afghanistan

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

1 546
Q:

A worldwide financial messaging network which exchange messages between banks and financial institutions is known as ___________

A) CHAPS B) SWIFT
C) NEFT D) SFMS
 
Answer & Explanation Answer: B) SWIFT

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

2 546