Sawaal

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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

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Filed Under: Famous Personalities
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Q:

In a certain code language, 'x' represents '+', '÷' represents 'x', '-' represents '÷' and '+' represents '-'. Find out the answer to the following question.

20 + 16 x 6 ÷ 10 - 4 = ?

A) 13 B) 12
C) 30 D) 19
 
Answer & Explanation Answer: D) 19

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Who wrote the Indian historical fiction novel 'The Rise of Sivagami' published in March 2017?

A) Arundhati Roy B) Amish Tripathi
C) Devdutt Pattanaik D) Anand Neelakantan
 
Answer & Explanation Answer: D) Anand Neelakantan

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Filed Under: Books and Authors
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Q:

On 26 July 2017, the Parliament passed the Collection of Statistics (Amendment) Bill, 2017. The Bill aims at amending the ______.

 

A) Collection of statistics Act, 2008 B) Collection of statistics Act, 2015
C) Collection of statistics Act, 2010 D) Collection of statistics Act, 2012
 
Answer & Explanation Answer: A) Collection of statistics Act, 2008

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In March 2016 National Green Tribunal imposed an initial compensation of Rs. 5 crore on ___ for tampering with the Yamuna river's flood plains.

A) Kalki Avatar Foundation B) Art of Living Foundation
C) Emisaries of Divine Light D) Sant Nirankari Mission
 
Answer & Explanation Answer: B) Art of Living Foundation

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Financial reports are used by

A) Investors B) Creditors
C) Market Analysts D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Financial reports are used for monitoring and controlling the movement of cash into and out of a business. They are used to communicate relevant, reliable and understandable information about the business that can be used by managers, analysts, investors to make decisions. 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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
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