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 question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 


P: The depletion of organic nutrients in the soil has reached alarming proportions, thanks to indiscriminate use of chemical fertiliser in Green Revolution areas.
Q: As against an acceptable level of ‘soil organic carbon’ of well over 5 percent, soils in Punjab are said to have levels far below 1 percent.
R: Besides, 5.3 billion tonnes of soil is eroded annually, at a rate of 16.4 tonnes/hectare.
S: The nutrient imbalance has been skewed by the overuse of urea (N) vis-a-vis phosphatic (P in chemical parlance) and potassic (K) fertiliser.

A) SRPQ B) QPSR
C) PSRQ D) PQRS
 
Answer & Explanation Answer: D) PQRS

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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Q:

Which cricketer is not in the list of ICC Cricket Hall of Fame?

A) Anil Kumble B) Bishen Singh Bedi
C) Kapil Dev D) Ravi Shastri
 
Answer & Explanation Answer: D) Ravi Shastri

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

India won the 2016 Asia Cup T20 held in Bangladesh by ____ wickets.

A) 7 B) 6
C) 5 D) 8
 
Answer & Explanation Answer: D) 8

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which Indian actor-turned-politician won the 2017 Filmfare Lifetime Achievement Award?

A) Shatrughan Sinha B) Dharmendra
C) Amitabh Bachchan D) Vinod Khanna
 
Answer & Explanation Answer: A) Shatrughan Sinha

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who was appointed as the Managing Director of International Monetary Fund for 5 years starting July 5, 2016?

A) Strauss-khan B) Christine Lagarde
C) Jim Yong Kim D) Rodrigo de Rato
 
Answer & Explanation Answer: B) Christine Lagarde

Explanation:
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Filed Under: Famous Personalities
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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