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:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Which Union Ministry is to set up a National Faceless Penalty Centre?

A) Ministry of MSME B) Ministry of Finance
C) Ministry of Defence D) Ministry of Commerce and Industry
 
Answer & Explanation Answer: B) Ministry of Finance

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

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If
a sentence is free from error, select 'No Error'.


From the perspective of positive psychology, mental (1)/ health may include an individual's ability to create a balance (2)/ between life activities and efforts to
achieve psychology resilience. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The ___________ conversation-starter cultivated by years of ostentatious ___________ society is a simple ‘how do you do?’ followed by a polite shaking of hands and an optional comment on the weather. But aside __________ the mental trauma this ritual causes to those unfortunate souls who suffer from clammy hands, it also doesn’t provide much incentive to go on. Fascinating as the weather can be from time _________ time, one can speak only so much about the ____________ of the sun and express sympathy towards the depressions the Bay of Bengal faces.

 

much about the ____________ of the sun

 

A) brightness B) bright
C) brightly D) brighter
 
Answer & Explanation Answer: A) brightness

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The general consensus is that the millennial _____________ with taking pictures of everything stems from the tendency to over- share on social media, but it may also be a manifestation _______________ our relationship with an increasingly unstable present. When everything around you _______________ before you can register it, it is tempting to reach into your pocket for your smartphone, click away, and think about it later, even ___________ the subject is as simple as a slice of toast. The selfie may be narcissistic, but it is ___________ a self-portrait that anchors you to a time and place, be it your first holiday abroad or the nightclub you visit every weekend.

 

also be a manifestation _______________ our relationship

 

A) form B) for
C) of D) off
 
Answer & Explanation Answer: C) of

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Who were the first among the following to establish trade relations with India?

A) Dutch B) French
C) English D) Portuguese
 
Answer & Explanation Answer: D) Portuguese

Explanation:
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Filed Under: Indian History
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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