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:

Which of the following is NOT a noble gas?

A) Radon B) Krypton
C) Xenon D) Hydrogen
 
Answer & Explanation Answer: D) Hydrogen

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

One of the techniques used for desalination of sea water is

A) Filtration B) Distillation
C) Evaporation D) Condensation
 
Answer & Explanation Answer: B) Distillation

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

A lens has a power +2.0 D. The type of lens and its focal length will be

A) Concave, -0.5 m B) Convex, 0.5 m
C) Concave, 0.5 m D) Convex, -0.5 m
 
Answer & Explanation Answer: B) Convex, 0.5 m

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

On 26 October 2017, which company became the first ever Indian company to cross a market capitalization of Rs 6 trillion?

 

 

A) TCS B) Infosys
C) Reliance Industries Limited   D) HDFC Bank  
 
Answer & Explanation Answer: C) Reliance Industries Limited  

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

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Q:

Which one of the following is the largest source of natural energy to humans?

A) Plants B) Earth
C) Animals D) Sun
 
Answer & Explanation Answer: D) Sun

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

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Q:

Who is the Deputy Chief Minister of Bihar as of February 2018?

A) Lalu Prasad Yadav B) Ram Vilas Paswan
C) Shatrughan Sinha D) Sushil Kumar Modi
 
Answer & Explanation Answer: D) Sushil Kumar Modi

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

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