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:

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

Explanation:
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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

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

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select No Error.

 

Government has reportedly made its displeasure known, (1)/ particularly on the speed and stealth with which (2)/ the negotiations are completed. (3)/ No error. (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 542
Q:

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

 

Let bygones be bygones

 

A) Even bad memories become memorable.   B)  The past will return to haunt you unless you completely forget.  
C) Forget past offences or causes of conflict and be reconciled.   D)  Your past deeds will never leave you
 
Answer & Explanation Answer: C) Forget past offences or causes of conflict and be reconciled.  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 542
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

Explanation:
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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

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

1 542
Q:

What is the code name of world’s largest amphibious aircraft made by China?

A) Kunlong B) Sea Star
C) Libelle D) Dornier
 
Answer & Explanation Answer: A) Kunlong

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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