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 public debt is the

A) total amount borrowed by the government of a country B) The funds raised for a cause in the country
C) the tax amount overall the country D) none
 
Answer & Explanation Answer: A) total amount borrowed by the government of a country

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

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Q:

Who wrote 'Nyaya Sutra'?

A) Vyasa B) Gautam
C) Kapila D) Charaka
 
Answer & Explanation Answer: B) Gautam

Explanation:
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Filed Under: Books and Authors

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Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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

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Q:

What are stars primarily made of?

A) Oxygen and Hydrogen B) Hydrogen and Carbon
C) Hydrogen and Helium D) Oxygen and Helium
 
Answer & Explanation Answer: C) Hydrogen and Helium

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is reared for its fleece/fiber?

A) Alpaca B) Alabama
C) Apache D) Alluvial
 
Answer & Explanation Answer: A) Alpaca

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In January 2018, SBI planned to raise some money via BASEL-III Bonds. What is the deadline to meet the BASEL-III requirements?

 

A) June 2018 B) December 2018
C) March 2019 D) June 2019
 
Answer & Explanation Answer: C) March 2019

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

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Q:

Energy possessed by an object by its position or configuration is called

A) Kinetic energy B) Nuclear energy
C) Potential energy D) Electrical energy
 
Answer & Explanation Answer: C) Potential energy

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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