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:

What is the type of asexual reproduction in Amoeba?

A) Spore formation B) Binary fission
C) Vegetative propagation D) Budding
 
Answer & Explanation Answer: B) Binary fission

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which part of the human reproductive system helps the embryo get its nutrition from the mother's blood?

A) Placenta B) Fallopian tube
C) Uterus D) Cervix
 
Answer & Explanation Answer: A) Placenta

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

Which type of epithelial tissue allows transportation of substances through a selective permeable surface in the lining of food vessels or lung alveoli?

 

A) Simple squamous epithelium B) Stratified squamous epithelium
C) Ciliated columnar epithelium D) Cuboidal epithelium
 
Answer & Explanation Answer: A) Simple squamous epithelium

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

What does 'C' stands for 'CAGR', a business specific term for the geometric progression ratio that provides a constant rate over the specific time period?

A) Control B) Compound
C) Credit D) Call
 
Answer & Explanation Answer: B) Compound

Explanation:

CAGR stands for Compound Annual Growth Rate. So, C stands for Compound. Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.

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Filed Under: Indian Economy
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Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958 B) April, 1959
C) April, 1995 D) April, 1957
 
Answer & Explanation Answer: D) April, 1957

Explanation:
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Q:

Who among the following is considered as a political guru of Mahatma Gandhi?

A) Dadabhai Naoroji B) Gopal Krishna Gokhale
C) Lala Lajpat Rai D) Bal Gangadhar Tilak
 
Answer & Explanation Answer: B) Gopal Krishna Gokhale

Explanation:
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Filed Under: Famous Personalities
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Q:

What is the measure of temperature considered as normal in human body?

A) 95 deg F B) 97 deg F
C) 98.6 deg F D) 96.8 deg F
 
Answer & Explanation Answer: C) 98.6 deg F

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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