Exams


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:

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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Q:

Find out the odd word/letters/number/number pair from the given alternatives.

A) 550 B) 945
C) 963 D) 320
 
Answer & Explanation Answer: D) 320

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

What do you do to improve your knowledge?

Answer

When an interviewer asks "What do you do to improve your knowledge", because it reflects the major thought process of a person and the way a person gains knowledge and the level to which one is accustomed to the current happenings in the world.


In my sense knowledge is not very much obtained through books or any websites. We can give some exercise to the brain so that we can gain knowledge.


It is essential to update oneself in order to cope up with this competitive world. First of all you should keep yourself updated with the new technological developments so that if the interviewer asks something concerning the current affairs, you can answer them.You can say that you visit various forums, blogs to keep yourself updated and improve your knowledge. It will be helpful if you have experience of such forums or blogs from before so that you can create a better impression in the minds of the interviewers.


It is said that interacting with people of different ages, different communities and different education levels a person can fetch huge knowledge.

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Q:

The lengths of two parallel sides of a trapezium are 21 cm and 9 cm. If its height is 10 cm, then what is the area (in cm2) of the trapezium?

A) 35 B) 75
C) 150 D) 225
 
Answer & Explanation Answer: C) 150

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

The bar graph shows average marks scored in a 100 marks Maths exam by students of 7 divisions of Standard X. Study the diagram and answer the following questions.

Which division scored the second highest marks?

 

A) E B) B
C) C D) G
 
Answer & Explanation Answer: C) C

Explanation:
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Filed Under: Bar Charts
Exam Prep: Bank Exams

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Q:

A number is greater than twice its reciprocal by 31/4. Find the number.

A) 7 B) 8
C) 9 D) 6
 
Answer & Explanation Answer: A) 7

Explanation:
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Filed Under: Numbers
Exam Prep: Bank Exams

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Q:

A statement is followed by two arguments. Decide which of the arguments is/are strong with respect to the statement.


Statement:
From tender age children must be trained to do household chores.


Arguments:
I. Yes, it will make them grow responsible for their work.
II. No, it is enough that we send them to school as they learn everything there.

A) Neither I nor II is strong. B) Only argument I is strong.
C) Only argument II is strong. D) Both I and II are strong.
 
Answer & Explanation Answer: B) Only argument I is strong.

Explanation:
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Filed Under: Statement and Arguments
Exam Prep: AIEEE , Bank Exams , CAT

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