Questions

Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of 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:

Which Indian chief minister was awarded the "Transformative Chief Minister Award" by US-India Business Council (USIBC) in 2017?

A) K. Chandrashekhar Rao B) Naveen Patnaik
C) Siddaramaiah D) Chandrababu Naidu
 
Answer & Explanation Answer: D) Chandrababu Naidu

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who is called as 'Bismarck of India'?

A) Jawaharlal Nehru B) Vallabhai Patel
C) Sarojini Naidu D) Lokamanya Tilak
 
Answer & Explanation Answer: B) Vallabhai Patel

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Rajesh walks 2 km to south, then turns north­east, and walks 3 km. Then he turns south and walks 2 kms. Then he turns west and walks 4 kms. Finally, he turns north­west and walks 5 kms. In which direction is he from his starting point?

A) North-­west B) North-east
C) South-east D) South-west
 
Answer & Explanation Answer: A) North-­west

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Q:

Who constructed the Hawa Mahal?

A) Maharaja Bhagvat Singh B) Maharaja Jagatjit Singh
C) Maharaja Sawai Pratap Singh D) Maharajah Jaswanth Singh
 
Answer & Explanation Answer: C) Maharaja Sawai Pratap Singh

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The capacity to do work is called

A) Pressure B) Force
C) Power D) Energy
 
Answer & Explanation Answer: D) Energy

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which of the following does not represent the things that make a 'Smart City', under the smart city campaign?

A) Affordable housing, especially for the poor B) Adequate water supply
C) Free health and education D) Sustainable environment
 
Answer & Explanation Answer: C) Free health and education

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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