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:

In which of the following is true for instruments of Monetary Policy?

A) Open market operations B) Bank rate policy
C) Selective credit controls D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

Explanation:
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Filed Under: Indian Economy
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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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:

Champions of the 2nd football Indian Super League (ISL) were

A) FC Goa B) Channaiyin FC
C) Delhi Dynamos D) Atletico de Kolkata
 
Answer & Explanation Answer: B) Channaiyin FC

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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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

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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 expresses the same sentence in Indirect/Direct speech.

 

The jeweller said to us, "These diamonds are polished here."

 

A) The jeweller informed us that these diamonds were polished there. B) The jeweller informed us that those diamonds were polished there.
C) The jeweller informed us that those diamonds were polished here. D) The jeweller informed us that these diamonds were polished here.
 
Answer & Explanation Answer: B) The jeweller informed us that those diamonds were polished there.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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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.

 

We often feel, in such an environment, that our social sphere _____________ around us. We can see, in quantitative values — the number of likes, re-posts, shares — the interest garnered by anything created by us. This makes social interaction slightly more ___________, when we start to think of it in number terms. It becomes easier to see it in visual terms, rather ________ emotive cues. And _____________ that happens we are motivated to reveal only those parts of ____________ that we know will trigger a considerable quantitative response.

 

in visual terms, rather ________ emotive cues

 

A) then B) that  
C) than D) which
 
Answer & Explanation Answer: C) than

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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