Questions

Q:

The goal of expansionary fiscal policy is to increase

A) Unemployment B) The price level
C) Aggregate supply D) Real GDP
 
Answer & Explanation Answer: D) Real GDP

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Q:

Who is the author of "The Lowland"?

A) Amitav Ghosh B) kiran Desai
C) Jhumpa Lahiri D) Aravind Adiga
 
Answer & Explanation Answer: C) Jhumpa Lahiri

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Q:

Which of the following is a temple built out of marble by Vimal Shah?

A) The Dilwara Temple B) Brihadeeshwara temple
C) Omkareshwar temple D) Ranakpur Adinath temple
 
Answer & Explanation Answer: A) The Dilwara Temple

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Q:

Who won a gold medal in the World Weightlifting Championship at Anaheim, USA, in 2017?

A) Vandna Gupta B) Karnam Malleswari
C) Kunjarani Devi D) Mirabai Chanu
 
Answer & Explanation Answer: D) Mirabai Chanu

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Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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Q:

In the process of ___, the iron is protected by a coating of zinc.

A) greasing B) alloying
C) galvanisation D) anodising
 
Answer & Explanation Answer: C) galvanisation

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Q:

Which of the following is not the properties of an ionic compound?

A) Soluble in water and insoluble in petrol B) High melting and boiling points
C) Low melting and boiling points D) Solid and hard
 
Answer & Explanation Answer: C) Low melting and boiling points

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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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