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

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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:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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

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Q:

Which of the following is present in the centre of a flower?

A) Carpel B) Sepals
C) Petals D) Stamen
 
Answer & Explanation Answer: A) Carpel

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Filed Under: Biology
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

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is used to get relief when you have been stung by a honeybee?

A) Common salt B) Baking soda
C) Acetic acid D) Washing soda
 
Answer & Explanation Answer: B) Baking soda

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Filed Under: Chemistry
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

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following films is India's official entry to Oscars 2018?

A) Newton B) A Death in the Gunj
C) Lipstick Under My Burkha D) Bahubali
 
Answer & Explanation Answer: A) Newton

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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