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

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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:

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

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

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Q:

In each below is given a statement followed by three conclusions numbered I, II and III. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement Give answer:

Statement:

For the first time India will invite heads of ten Asian nations for the Republic day 2018 celebrations. ASEAN is the association of south-east Asian nations. Its members are Vietnam, Laos, Philippines, Singapore, Thailand, Indonesia, Cambodia, Brunei, Malaysia and Myanmar.

Which of the following can be inferred from the given statement?


Conclusions:
(i) Republic day 2018 will be the first event ever where so many leaders will together will be the chief guests at the parade which would showcase India’s Military might.
(ii) India is the only country among southeast Asian nations which celebrates Republic Day.
(iii) India and ASEAN are actively engaged in a comprehensive economic partnership, which is expected to emerge as the largest regional trading arrangement.

A) If only conclusion II follows B) If only conclusion I, III follows
C) If only conclusion I follows D) If only conclusion III follows
 
Answer & Explanation Answer: C) If only conclusion I follows

Explanation:

(i)The statement can be concluded from the given statement because it describes that Republic day 2018 will witness so many leaders for the first time which is also mentioned in the given statement that for the first time India will invite heads of ten ASEAN nations for Republic day 2018 celebrations.
(ii) This statement cannot be concluded from the given statement as it is not mentioned in the given statements.
(iii) This also cannot be concluded as no information is given about India and Asian’s economic partnership.

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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

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Q:

The forces between two bodies are always equal and opposite. This idea is stated in the form of Newton's

A) first and second law of motion B) first law of motion
C) third law of motion D) second law of motion
 
Answer & Explanation Answer: C) third law of motion

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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