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:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost. B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota. D) constitutes a general case for permanent tariffs.
 
Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

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

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Q:

In March 2016 National Green Tribunal imposed an initial compensation of Rs. 5 crore on ___ for tampering with the Yamuna river's flood plains.

A) Kalki Avatar Foundation B) Art of Living Foundation
C) Emisaries of Divine Light D) Sant Nirankari Mission
 
Answer & Explanation Answer: B) Art of Living Foundation

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

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Q:

In which year was Facebook started?

A) 2002 B) 2004
C) 2008 D) 2009
 
Answer & Explanation Answer: B) 2004

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

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Q:

What is the name of the disappearing tweets launched by Twitter?

A) Fleets B) Twitties
C) Heights D) Flocks
 
Answer & Explanation Answer: A) Fleets

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

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Q:

In which of the following Five Year Plan was the growth rate target exceeded?

A) Eighth Five Year Plan   B) Ninth Five Year Plan  
C) Tenth Five Year Plan   D) Eleventh Five Year Plan  
 
Answer & Explanation Answer: B) Ninth Five Year Plan  

Explanation:
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Filed Under: Indian Politics
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.

 

Many a travelogue I read nowadays are about how the traveller went on a road less travelled ___________ some off-the-track trek or to an unknown destination or simply into the wild. How no internet ________________ is what you need to reconnect with yourself! How leaving your watch and phone __________ and going into the world of no check-ins and no updates would bring you solitude! These write-ups are laced with adjectives describing the geography of the region and filled with__________ details of the author’s days in that remote place. And, ironically, they all end with a strange advice to travel, and tell no one. I beg to _________.

 

watch and phone __________ and going into

 

A) under B) below
C) backside D) behind
 
Answer & Explanation Answer: D) behind

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

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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.

 

It is necessary, then, to keep our ____________ acts under some surveillance of attention, to pass them in review for inspection every now and _________, that we may discover possible modifications which will make them more serviceable. We need to be __________, constantly to find out better ways of doing things. Habit takes care of our standing, walking, sitting; but how many of us could _________ improve his poise and carriage if he would? Our speech has become largely automatic, but no doubt all of us might remove _____________ of enunciation, pronunciation or stress from our speaking.

 

might remove _____________ of enunciation,

 

A) fault   B) faulty  
C) faulting   D) faults
 
Answer & Explanation Answer: D) faults

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

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