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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:

Which of the following is NOT based on principle of relationship between volume and pressure of air?

A) Fountain pen B) Bicycle pump
C) Hand pump D) Pulley
 
Answer & Explanation Answer: D) Pulley

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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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

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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

0 522
Q:

On 3 January 2018, Lok Sabha passed Ancient Monuments and Archaeological Site and Remains (Amendment) Bill, 2017 which amends the ______.

 

A) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1958 B) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1978
C) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1988 D) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1996
 
Answer & Explanation Answer: A) Ancient Monuments and Archaeological Sites and Remains (AMASR) Act, 1958

Explanation:
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Filed Under: Indian Politics
Exam Prep: 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’.

 

When one stops being optimistic, believes that he (1)/ is worthless, and stops hoping for a better future, (2)/ it is only then that the moment of actual failure happened. (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

0 522
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:
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Filed Under: English
Exam Prep: Bank Exams

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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 express the same sentence in Indirect/Direct speech.

The injured old man exclaimed, 'Will none of you help me?'

A) The injured old man exclaimed whether none of them would help him. B) The injured old man exclaimed if none of them would help him.
C) The injured old man said that could anyone of them help him. D) The injured old man cried if none of them would help him.
 
Answer & Explanation Answer: A) The injured old man exclaimed whether none of them would help him.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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