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:

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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Constituent Assembly adopted Indian national flag on

A) 22nd July 1947 B) 22nd August 1947
C) 22nd January 1948 D) 22nd October 1947
 
Answer & Explanation Answer: B) 22nd August 1947

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

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Q:

Which of these is a dwarf planet?

A) Neptune B) Titan
C) Eris D) Hydra
 
Answer & Explanation Answer: C) Eris

Explanation:
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Filed Under: General Awareness

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Q:

Microsoft Corporation was founded in

A) 1979 B) 1981
C) 1975 D) 1965
 
Answer & Explanation Answer: C) 1975

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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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

Explanation:
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Filed Under: Chemistry
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:

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

Explanation:
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Filed Under: Books and Authors
Exam Prep: Bank Exams

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