Questions

Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

Explanation:
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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
Exam Prep: Bank Exams

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Q:

What does PDA stand for?

A) Personal Data Assistant B) Personal Digital Assistant
C) Prime Data Assistant D) Prime Digital Assistant
 
Answer & Explanation Answer: B) Personal Digital Assistant

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

One morning, Raju walked towards the sun. After some time he turned left and again to his left. Which direction is he facing?

A) North B) South
C) East D) West
 
Answer & Explanation Answer: D) West

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Q:

Winner of 2015 "United Nations Champions of the Earth" award in the category Policy Leadership is ___.

A) Sheikh Hasina B) Paul Polman
C) Narendra Modi D) Barack Obama
 
Answer & Explanation Answer: A) Sheikh Hasina

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

What is the capital of Greece?

A) Buenos Aires B) Stockholm
C) Athens D) Bern
 
Answer & Explanation Answer: C) Athens

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Filed Under: Country Capitals
Exam Prep: Bank Exams

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Q:

The first democratically elected female President of Africa is from

A) Nigeria B) Liberia
C) Tanzania D) Kenya  
 
Answer & Explanation Answer: B) Liberia

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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